Call reports 2017
LAKE AREA BANK — 2017
What LAKE AREA BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 308,643,000 | 311,841,000 | 323,817,000 | 332,392,000 |
| Total loans | 202,041,000 | 205,774,000 | 213,318,000 | 226,156,000 |
| Allowance for loan losses | 2,151,000 | 2,185,000 | 2,267,000 | 2,228,000 |
| Securities available for sale | 70,720,000 | 71,380,000 | 73,279,000 | 66,430,000 |
| Securities held to maturity | 159,000 | 159,000 | 144,000 | 144,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,322,000 | 240,090,000 | 252,453,000 | 259,944,000 |
| Interest-bearing deposits | 198,769,000 | 192,856,000 | 198,658,000 | 207,226,000 |
| Noninterest-bearing deposits | 47,553,000 | 47,234,000 | 53,795,000 | 52,718,000 |
| Equity capital | 29,751,000 | 31,471,000 | 32,291,000 | 32,278,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,952,000 | 5,979,000 | 8,939,000 | 12,099,000 |
| Interest expense | 261,000 | 554,000 | 870,000 | 1,244,000 |
| Net interest income | 2,691,000 | 5,425,000 | 8,069,000 | 10,855,000 |
| Noninterest income | 1,440,000 | 3,814,000 | 6,307,000 | 8,456,000 |
| Noninterest expense | 3,593,000 | 7,572,000 | 11,441,000 | 15,443,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 508,000 | 1,607,000 | 2,916,000 | 3,661,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 498,000 | 1,597,000 | 2,906,000 | 3,651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,286,000 | 28,740,000 | 29,738,000 | 30,163,000 |
| Total capital | 30,437,000 | 30,925,000 | 32,005,000 | 32,391,000 |
| Risk-weighted assets | 219,801,000 | 218,629,000 | 242,852,000 | 253,363,000 |