Call reports 2018
LAKE AREA BANK — 2018
What LAKE AREA BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 328,312,000 | 334,103,000 | 332,337,000 | 334,839,000 |
| Total loans | 227,367,000 | 235,238,000 | 238,054,000 | 234,167,000 |
| Allowance for loan losses | 2,280,000 | 2,196,000 | 2,257,000 | 1,898,000 |
| Securities available for sale | 64,114,000 | 62,492,000 | 60,386,000 | 60,361,000 |
| Securities held to maturity | 113,000 | 113,000 | 98,000 | 98,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,455,000 | 264,579,000 | 270,538,000 | 270,860,000 |
| Interest-bearing deposits | 205,152,000 | 206,227,000 | 208,954,000 | 211,163,000 |
| Noninterest-bearing deposits | 56,303,000 | 58,352,000 | 61,584,000 | 59,697,000 |
| Equity capital | 31,527,000 | 32,071,000 | 32,740,000 | 34,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,154,000 | 6,402,000 | 9,765,000 | 13,147,000 |
| Interest expense | 401,000 | 848,000 | 1,335,000 | 1,842,000 |
| Net interest income | 2,753,000 | 5,554,000 | 8,430,000 | 11,305,000 |
| Noninterest income | 1,939,000 | 4,321,000 | 7,019,000 | 9,060,000 |
| Noninterest expense | 3,612,000 | 7,399,000 | 11,439,000 | 15,001,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 0 |
| Pretax income | 1,020,000 | 2,356,000 | 3,830,000 | 5,187,000 |
| Income tax | -6,000 | -6,000 | -6,000 | -6,000 |
| Net income | 1,026,000 | 2,362,000 | 3,836,000 | 5,193,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,507,000 | 31,029,000 | 32,089,000 | 33,348,000 |
| Total capital | 32,787,000 | 33,225,000 | 34,346,000 | 35,246,000 |
| Risk-weighted assets | 241,350,000 | 261,064,000 | 269,559,000 | 297,028,000 |