Call reports 2009
LAKE AREA BANK — 2009
What LAKE AREA BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 320,979,000 | 317,343,000 | 311,215,000 | 306,722,000 |
| Total loans | 266,352,000 | 255,626,000 | 250,668,000 | 228,933,000 |
| Allowance for loan losses | 3,175,000 | 3,283,000 | 4,140,000 | 5,325,000 |
| Securities available for sale | 18,952,000 | 26,536,000 | 25,108,000 | 21,967,000 |
| Securities held to maturity | 1,703,000 | 801,000 | 801,000 | 782,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,543,000 | 246,482,000 | 248,205,000 | 247,248,000 |
| Interest-bearing deposits | 214,464,000 | 220,730,000 | 222,236,000 | 222,775,000 |
| Noninterest-bearing deposits | 28,079,000 | 25,752,000 | 25,969,000 | 24,473,000 |
| Equity capital | 26,527,000 | 27,148,000 | 25,596,000 | 26,391,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,274,000 | 8,663,000 | 12,814,000 | 17,030,000 |
| Interest expense | 1,905,000 | 3,721,000 | 5,266,000 | 6,695,000 |
| Net interest income | 2,369,000 | 4,942,000 | 7,548,000 | 10,335,000 |
| Noninterest income | 1,302,000 | 3,016,000 | 4,649,000 | 6,143,000 |
| Noninterest expense | 2,860,000 | 6,140,000 | 9,628,000 | 12,819,000 |
| Provision for loan losses | 705,000 | 1,785,000 | 4,372,000 | 5,572,000 |
| Pretax income | 316,000 | 384,000 | -1,384,000 | -1,408,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | 311,000 | 379,000 | -1,389,000 | -1,413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,998,000 | 23,813,000 | 22,059,000 | 23,052,000 |
| Total capital | 26,132,000 | 26,910,000 | 25,105,000 | 25,837,000 |
| Risk-weighted assets | 250,716,000 | 247,576,000 | 242,561,000 | 220,271,000 |
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