Call reports 2019
LAKE AREA BANK — 2019
What LAKE AREA BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 333,066,000 | 345,637,000 | 360,572,000 | 359,274,000 |
| Total loans | 231,556,000 | 241,736,000 | 254,690,000 | 253,252,000 |
| Allowance for loan losses | 1,990,000 | 2,022,000 | 2,052,000 | 1,916,000 |
| Securities available for sale | 64,554,000 | 67,198,000 | 68,443,000 | 66,778,000 |
| Securities held to maturity | 66,000 | 66,000 | 66,000 | 66,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 278,296,000 | 273,593,000 | 286,278,000 | 285,840,000 |
| Interest-bearing deposits | 210,507,000 | 205,787,000 | 214,795,000 | 216,931,000 |
| Noninterest-bearing deposits | 67,789,000 | 67,806,000 | 71,483,000 | 68,909,000 |
| Equity capital | 35,232,000 | 37,370,000 | 39,211,000 | 39,475,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,355,000 | 6,946,000 | 10,866,000 | 14,919,000 |
| Interest expense | 533,000 | 1,141,000 | 1,804,000 | 2,449,000 |
| Net interest income | 2,822,000 | 5,805,000 | 9,062,000 | 12,470,000 |
| Noninterest income | 1,694,000 | 4,074,000 | 6,973,000 | 9,781,000 |
| Noninterest expense | 3,587,000 | 7,610,000 | 12,267,000 | 17,001,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 270,000 |
| Pretax income | 899,000 | 2,209,000 | 3,730,000 | 5,238,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 889,000 | 2,199,000 | 3,720,000 | 5,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,873,000 | 33,566,000 | 34,779,000 | 35,704,000 |
| Total capital | 34,863,000 | 35,588,000 | 36,831,000 | 37,620,000 |
| Risk-weighted assets | 258,529,000 | 266,388,000 | 291,343,000 | 303,381,000 |