Call reports 2021
LAUDERDALE COUNTY BANK, THE — 2021
What LAUDERDALE COUNTY BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 61,869,000 | 61,648,000 | 61,489,000 | 63,696,000 |
| Total loans | 25,099,000 | 25,024,000 | 24,643,000 | 24,783,000 |
| Allowance for loan losses | 318,000 | 335,000 | 344,000 | 344,000 |
| Securities available for sale | 20,380,000 | 20,971,000 | 21,524,000 | 21,911,000 |
| Securities held to maturity | 8,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,988,000 | 54,624,000 | 54,471,000 | 56,778,000 |
| Interest-bearing deposits | 37,334,000 | 36,893,000 | 36,768,000 | 37,909,000 |
| Noninterest-bearing deposits | 17,654,000 | 17,731,000 | 17,703,000 | 18,869,000 |
| Equity capital | 5,895,000 | 6,019,000 | 6,024,000 | 5,968,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 501,000 | 1,016,000 | 1,481,000 | 1,959,000 |
| Interest expense | 49,000 | 89,000 | 125,000 | 159,000 |
| Net interest income | 452,000 | 927,000 | 1,356,000 | 1,800,000 |
| Noninterest income | 232,000 | 268,000 | 310,000 | 353,000 |
| Noninterest expense | 602,000 | 1,003,000 | 1,406,000 | 1,809,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 18,000 |
| Pretax income | 76,000 | 180,000 | 242,000 | 326,000 |
| Income tax | 20,000 | 46,000 | 24,000 | 20,000 |
| Net income | 56,000 | 134,000 | 218,000 | 306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,840,000 | 5,903,000 | 5,959,000 | 6,031,000 |