Call reports 2006
LAKE AREA BANK — 2006
What LAKE AREA BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 248,142,000 | 246,477,000 | 248,002,000 | 256,218,000 |
| Total loans | 212,363,000 | 213,587,000 | 215,943,000 | 223,079,000 |
| Allowance for loan losses | 1,430,000 | 1,574,000 | 1,725,000 | 1,866,000 |
| Securities available for sale | 15,107,000 | 13,147,000 | 13,510,000 | 12,798,000 |
| Securities held to maturity | 4,352,000 | 4,282,000 | 4,214,000 | 4,162,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,348,000 | 193,185,000 | 182,417,000 | 191,430,000 |
| Interest-bearing deposits | 167,605,000 | 162,729,000 | 156,436,000 | 163,543,000 |
| Noninterest-bearing deposits | 30,743,000 | 30,456,000 | 25,981,000 | 27,887,000 |
| Equity capital | 21,717,000 | 21,790,000 | 23,373,000 | 23,764,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 4,159,000 | 8,543,000 | 13,043,000 | 17,771,000 |
| Interest expense | 1,642,000 | 3,398,000 | 5,250,000 | 7,311,000 |
| Net interest income | 2,517,000 | 5,145,000 | 7,793,000 | 10,460,000 |
| Noninterest income | 329,000 | 663,000 | 1,040,000 | 1,362,000 |
| Noninterest expense | 1,491,000 | 2,861,000 | 4,249,000 | 5,618,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 1,204,000 | 2,648,000 | 4,132,000 | 5,602,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | 1,199,000 | 2,643,000 | 4,127,000 | 5,597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,826,000 | 21,952,000 | 23,436,000 | 23,810,000 |
| Total capital | 23,256,000 | 23,526,000 | 25,161,000 | 25,676,000 |
| Risk-weighted assets | 213,029,000 | 209,681,000 | 210,097,000 | 214,087,000 |
Machine access — free, no API key
Every figure shown here about LAKE AREA BANK — 2006 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.