Call reports 2011
LAKE AREA BANK — 2011
What LAKE AREA BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 279,164,000 | 275,260,000 | 278,264,000 | 274,300,000 |
| Total loans | 189,004,000 | 189,018,000 | 185,722,000 | 183,379,000 |
| Allowance for loan losses | 5,966,000 | 6,606,000 | 5,035,000 | 4,745,000 |
| Securities available for sale | 46,377,000 | 53,621,000 | 57,415,000 | 57,060,000 |
| Securities held to maturity | 181,000 | 481,000 | 481,000 | 481,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 237,932,000 | 235,678,000 | 238,056,000 | 233,135,000 |
| Interest-bearing deposits | 211,676,000 | 209,237,000 | 207,845,000 | 203,877,000 |
| Noninterest-bearing deposits | 26,256,000 | 26,441,000 | 30,211,000 | 29,258,000 |
| Equity capital | 25,881,000 | 25,606,000 | 26,090,000 | 26,242,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,244,000 | 6,537,000 | 9,709,000 | 12,871,000 |
| Interest expense | 727,000 | 1,416,000 | 2,067,000 | 2,670,000 |
| Net interest income | 2,517,000 | 5,121,000 | 7,642,000 | 10,201,000 |
| Noninterest income | 764,000 | 1,996,000 | 3,105,000 | 4,405,000 |
| Noninterest expense | 2,750,000 | 6,828,000 | 9,941,000 | 12,913,000 |
| Provision for loan losses | 1,500,000 | 2,750,000 | 3,350,000 | 3,950,000 |
| Pretax income | -870,000 | -2,131,000 | -1,923,000 | -1,636,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | -875,000 | -2,136,000 | -1,928,000 | -1,641,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,771,000 | 22,048,000 | 22,276,000 | 22,581,000 |
| Total capital | 25,215,000 | 24,604,000 | 24,744,000 | 25,115,000 |
| Risk-weighted assets | 192,177,000 | 200,409,000 | 196,636,000 | 200,545,000 |