Call reports 2015
LAKE AREA BANK — 2015
What LAKE AREA BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 275,090,000 | 282,613,000 | 294,781,000 | 287,252,000 |
| Total loans | 162,778,000 | 166,779,000 | 164,218,000 | 159,572,000 |
| Allowance for loan losses | 4,112,000 | 3,391,000 | 3,395,000 | 2,865,000 |
| Securities available for sale | 83,122,000 | 75,609,000 | 85,882,000 | 84,749,000 |
| Securities held to maturity | 59,000 | 59,000 | 203,000 | 203,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,870,000 | 231,973,000 | 242,019,000 | 232,290,000 |
| Interest-bearing deposits | 189,403,000 | 186,953,000 | 186,300,000 | 184,319,000 |
| Noninterest-bearing deposits | 41,467,000 | 45,020,000 | 55,719,000 | 47,971,000 |
| Equity capital | 27,674,000 | 27,941,000 | 28,327,000 | 29,168,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,514,000 | 5,166,000 | 7,855,000 | 10,520,000 |
| Interest expense | 212,000 | 426,000 | 638,000 | 838,000 |
| Net interest income | 2,302,000 | 4,740,000 | 7,217,000 | 9,682,000 |
| Noninterest income | 1,021,000 | 2,450,000 | 3,784,000 | 5,037,000 |
| Noninterest expense | 2,882,000 | 6,001,000 | 9,113,000 | 12,341,000 |
| Provision for loan losses | 150,000 | 50,000 | 100,000 | -347,000 |
| Pretax income | 301,000 | 1,217,000 | 1,866,000 | 2,800,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 291,000 | 1,207,000 | 1,856,000 | 2,790,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,537,000 | 25,463,000 | 25,615,000 | 26,568,000 |
| Total capital | 27,079,000 | 28,023,000 | 28,079,000 | 29,007,000 |
| Risk-weighted assets | 201,794,000 | 203,979,000 | 196,204,000 | 194,706,000 |