Call reports 2020
LAUDERDALE COUNTY BANK, THE — 2020
What LAUDERDALE COUNTY BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 53,460,000 | 56,033,000 | 57,172,000 | 59,301,000 |
| Total loans | 25,029,000 | 27,509,000 | 28,067,000 | 25,088,000 |
| Allowance for loan losses | 253,000 | 300,000 | 304,000 | 312,000 |
| Securities available for sale | 15,922,000 | 16,994,000 | 17,234,000 | 19,892,000 |
| Securities held to maturity | 9,000 | 8,000 | 8,000 | 8,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,645,000 | 48,999,000 | 50,051,000 | 52,259,000 |
| Interest-bearing deposits | 33,529,000 | 34,920,000 | 34,217,000 | 36,029,000 |
| Noninterest-bearing deposits | 13,116,000 | 14,079,000 | 15,834,000 | 16,230,000 |
| Equity capital | 5,912,000 | 6,070,000 | 6,154,000 | 6,112,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 521,000 | 1,116,000 | 1,629,000 | 2,118,000 |
| Interest expense | 80,000 | 155,000 | 221,000 | 282,000 |
| Net interest income | 441,000 | 961,000 | 1,408,000 | 1,836,000 |
| Noninterest income | 103,000 | 134,000 | 165,000 | 215,000 |
| Noninterest expense | 462,000 | 872,000 | 1,282,000 | 1,712,000 |
| Provision for loan losses | 6,000 | 64,000 | 70,000 | 76,000 |
| Pretax income | 76,000 | 159,000 | 221,000 | 263,000 |
| Income tax | 20,000 | 42,000 | 41,000 | 42,000 |
| Net income | 56,000 | 117,000 | 180,000 | 221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,691,000 | 5,726,000 | 5,779,000 | 5,805,000 |