Call reports 2022
LAKE AREA BANK — 2022
What LAKE AREA BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 |
|---|---|---|---|
| Total assets | 407,703,000 | 423,224,000 | 149,191,000 |
| Total loans | 250,283,000 | 254,034,000 | 7,847,000 |
| Allowance for loan losses | 2,872,000 | 2,872,000 | 82,000 |
| Securities available for sale | 73,706,000 | 87,391,000 | 29,306,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 345,900,000 | 373,817,000 | 118,071,000 |
| Interest-bearing deposits | 248,957,000 | 238,995,000 | 95,708,000 |
| Noninterest-bearing deposits | 96,943,000 | 134,822,000 | 22,363,000 |
| Equity capital | 48,667,000 | 45,025,000 | 27,739,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 |
|---|---|---|---|
| Interest income | 3,240,000 | 6,770,000 | 9,817,000 |
| Interest expense | 157,000 | 308,000 | 427,000 |
| Net interest income | 3,083,000 | 6,462,000 | 9,390,000 |
| Noninterest income | 2,807,000 | 5,746,000 | 46,161,000 |
| Noninterest expense | 5,412,000 | 10,238,000 | 18,248,000 |
| Provision for loan losses | 0 | 0 | -700,000 |
| Pretax income | 476,000 | 1,968,000 | 25,354,000 |
| Income tax | 0 | 0 | 0 |
| Net income | 476,000 | 1,968,000 | 25,354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 |
|---|---|---|---|
| Tier 1 capital | 52,177,000 | 53,668,000 | 28,648,000 |
| Total capital | 55,049,000 | 56,540,000 | — |
| Risk-weighted assets | 361,792,000 | 340,267,000 | — |