Call reports 2010
LAKE AREA BANK — 2010
What LAKE AREA BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 298,684,000 | 289,469,000 | 292,562,000 | 283,889,000 |
| Total loans | 214,565,000 | 215,941,000 | 206,255,000 | 193,279,000 |
| Allowance for loan losses | 5,413,000 | 6,316,000 | 5,113,000 | 4,885,000 |
| Securities available for sale | 29,544,000 | 29,558,000 | 40,512,000 | 46,636,000 |
| Securities held to maturity | 736,000 | 506,000 | 506,000 | 506,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 247,069,000 | 238,588,000 | 243,775,000 | 241,937,000 |
| Interest-bearing deposits | 223,877,000 | 215,351,000 | 218,541,000 | 216,073,000 |
| Noninterest-bearing deposits | 23,192,000 | 23,237,000 | 25,234,000 | 25,864,000 |
| Equity capital | 25,720,000 | 27,415,000 | 27,246,000 | 26,478,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,673,000 | 7,047,000 | 10,538,000 | 13,921,000 |
| Interest expense | 1,263,000 | 2,297,000 | 3,217,000 | 4,036,000 |
| Net interest income | 2,410,000 | 4,750,000 | 7,321,000 | 9,885,000 |
| Noninterest income | 898,000 | 2,373,000 | 4,137,000 | 4,680,000 |
| Noninterest expense | 3,281,000 | 6,375,000 | 10,049,000 | 12,380,000 |
| Provision for loan losses | 1,810,000 | 2,710,000 | 3,540,000 | 4,365,000 |
| Pretax income | -1,783,000 | -1,864,000 | -1,999,000 | -1,991,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | -1,788,000 | -1,869,000 | -2,004,000 | -1,996,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,280,000 | 23,718,000 | 23,602,000 | 23,627,000 |
| Total capital | 25,014,000 | 26,414,000 | 26,177,000 | 26,121,000 |
| Risk-weighted assets | 216,007,000 | 212,277,000 | 203,497,000 | 197,129,000 |
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