Call reports 2007
LAKE AREA BANK — 2007
What LAKE AREA BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 258,423,000 | 263,271,000 | 259,803,000 | 270,593,000 |
| Total loans | 227,225,000 | 231,701,000 | 224,518,000 | 234,655,000 |
| Allowance for loan losses | 1,986,000 | 1,833,000 | 2,167,000 | 3,514,000 |
| Securities available for sale | 12,371,000 | 10,985,000 | 14,045,000 | 16,125,000 |
| Securities held to maturity | 3,974,000 | 3,928,000 | 3,874,000 | 4,927,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,724,000 | 192,380,000 | 193,492,000 | 194,184,000 |
| Interest-bearing deposits | 168,640,000 | 165,280,000 | 169,657,000 | 169,621,000 |
| Noninterest-bearing deposits | 26,084,000 | 27,100,000 | 23,835,000 | 24,563,000 |
| Equity capital | 23,272,000 | 24,605,000 | 25,021,000 | 24,832,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,699,000 | 9,571,000 | 14,452,000 | 19,209,000 |
| Interest expense | 2,130,000 | 4,363,000 | 6,645,000 | 8,915,000 |
| Net interest income | 2,569,000 | 5,208,000 | 7,807,000 | 10,294,000 |
| Noninterest income | 366,000 | 771,000 | 1,185,000 | 1,606,000 |
| Noninterest expense | 1,535,000 | 3,046,000 | 4,685,000 | 6,569,000 |
| Provision for loan losses | 150,000 | 300,000 | 750,000 | 2,100,000 |
| Pretax income | 1,250,000 | 2,633,000 | 3,557,000 | 3,231,000 |
| Income tax | 19,000 | 19,000 | 19,000 | 19,000 |
| Net income | 1,231,000 | 2,614,000 | 3,538,000 | 3,212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,286,000 | 24,670,000 | 24,997,000 | 24,691,000 |
| Total capital | 25,272,000 | 26,503,000 | 27,164,000 | 27,503,000 |
| Risk-weighted assets | 215,826,000 | 218,292,000 | 212,121,000 | 224,242,000 |
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