Call reports 2014
LAKE AREA BANK — 2014
What LAKE AREA BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 268,260,000 | 270,805,000 | 270,374,000 | 267,518,000 |
| Total loans | 166,715,000 | 171,502,000 | 164,376,000 | 157,459,000 |
| Allowance for loan losses | 5,233,000 | 5,355,000 | 4,640,000 | 3,991,000 |
| Securities available for sale | 72,054,000 | 70,522,000 | 72,202,000 | 78,123,000 |
| Securities held to maturity | 74,000 | 74,000 | 59,000 | 59,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,130,000 | 217,408,000 | 226,230,000 | 223,757,000 |
| Interest-bearing deposits | 191,130,000 | 180,603,000 | 186,154,000 | 185,124,000 |
| Noninterest-bearing deposits | 37,000,000 | 36,805,000 | 40,076,000 | 38,633,000 |
| Equity capital | 24,557,000 | 25,965,000 | 26,174,000 | 27,043,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,567,000 | 5,188,000 | 7,837,000 | 10,265,000 |
| Interest expense | 226,000 | 452,000 | 676,000 | 895,000 |
| Net interest income | 2,341,000 | 4,736,000 | 7,161,000 | 9,370,000 |
| Noninterest income | 1,254,000 | 2,412,000 | 4,426,000 | 4,946,000 |
| Noninterest expense | 3,157,000 | 5,886,000 | 9,810,000 | 12,074,000 |
| Provision for loan losses | 360,000 | 380,000 | 530,000 | 530,000 |
| Pretax income | 78,000 | 929,000 | 1,292,000 | 1,849,000 |
| Income tax | 14,000 | 14,000 | 14,000 | 14,000 |
| Net income | 64,000 | 915,000 | 1,278,000 | 1,835,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,117,000 | 22,961,000 | 23,337,000 | 23,911,000 |
| Total capital | 24,439,000 | 25,401,000 | 25,552,000 | 26,421,000 |
| Risk-weighted assets | 189,648,000 | 192,256,000 | 191,330,000 | 199,444,000 |
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