Call reports 2013
LAKE AREA BANK — 2013
What LAKE AREA BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 272,211,000 | 267,833,000 | 272,192,000 | 259,270,000 |
| Total loans | 173,141,000 | 171,892,000 | 165,759,000 | 161,796,000 |
| Allowance for loan losses | 5,263,000 | 5,644,000 | 4,374,000 | 4,826,000 |
| Securities available for sale | 61,148,000 | 64,848,000 | 69,760,000 | 66,362,000 |
| Securities held to maturity | 300,000 | 300,000 | 374,000 | 74,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 237,641,000 | 228,842,000 | 234,940,000 | 227,008,000 |
| Interest-bearing deposits | 202,871,000 | 194,539,000 | 195,760,000 | 190,635,000 |
| Noninterest-bearing deposits | 34,770,000 | 34,303,000 | 39,180,000 | 36,373,000 |
| Equity capital | 25,594,000 | 24,613,000 | 24,278,000 | 24,123,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,656,000 | 5,306,000 | 7,898,000 | 10,548,000 |
| Interest expense | 336,000 | 661,000 | 943,000 | 1,207,000 |
| Net interest income | 2,320,000 | 4,645,000 | 6,955,000 | 9,341,000 |
| Noninterest income | 1,485,000 | 3,260,000 | 4,968,000 | 5,944,000 |
| Noninterest expense | 3,440,000 | 6,619,000 | 10,189,000 | 13,255,000 |
| Provision for loan losses | 510,000 | 1,020,000 | 1,530,000 | 2,040,000 |
| Pretax income | -145,000 | 265,000 | 203,000 | 29,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | -150,000 | 260,000 | 198,000 | 24,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,842,000 | 22,243,000 | 22,192,000 | 22,037,000 |
| Total capital | 24,243,000 | 24,539,000 | 22,859,000 | 24,295,000 |
| Risk-weighted assets | 192,039,000 | 180,314,000 | 180,343,000 | 195,538,000 |