Call reports 2016
LAKE AREA BANK — 2016
What LAKE AREA BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 286,681,000 | 300,646,000 | 308,082,000 | 301,057,000 |
| Total loans | 160,521,000 | 175,327,000 | 184,131,000 | 191,905,000 |
| Allowance for loan losses | 2,948,000 | 2,850,000 | 2,472,000 | 2,225,000 |
| Securities available for sale | 84,602,000 | 86,224,000 | 84,579,000 | 71,878,000 |
| Securities held to maturity | 203,000 | 203,000 | 188,000 | 188,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,010,000 | 228,644,000 | 242,200,000 | 241,310,000 |
| Interest-bearing deposits | 183,105,000 | 178,064,000 | 188,256,000 | 194,900,000 |
| Noninterest-bearing deposits | 51,905,000 | 50,580,000 | 53,944,000 | 46,410,000 |
| Equity capital | 29,529,000 | 31,003,000 | 31,685,000 | 29,722,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,525,000 | 5,168,000 | 8,033,000 | 10,851,000 |
| Interest expense | 208,000 | 427,000 | 680,000 | 940,000 |
| Net interest income | 2,317,000 | 4,741,000 | 7,353,000 | 9,911,000 |
| Noninterest income | 1,355,000 | 3,809,000 | 6,083,000 | 7,997,000 |
| Noninterest expense | 3,230,000 | 7,029,000 | 11,144,000 | 14,787,000 |
| Provision for loan losses | 75,000 | -36,000 | -436,000 | -436,000 |
| Pretax income | 376,000 | 1,605,000 | 2,795,000 | 3,575,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 366,000 | 1,595,000 | 2,785,000 | 3,565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,124,000 | 26,822,000 | 27,752,000 | 28,544,000 |
| Total capital | 28,596,000 | 29,459,000 | 30,224,000 | 30,769,000 |
| Risk-weighted assets | 197,294,000 | 210,715,000 | 218,880,000 | 229,197,000 |