Call reports 2007
LAKES STATE BANK — 2007
What LAKES STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 82,537,000 | 84,670,000 | 89,489,000 | 96,790,000 |
| Total loans | 67,613,000 | 69,037,000 | 73,795,000 | 77,154,000 |
| Allowance for loan losses | 858,000 | 894,000 | 945,000 | 983,000 |
| Securities available for sale | 4,721,000 | 4,719,000 | 4,546,000 | 5,883,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,382,000 | 74,306,000 | 78,818,000 | 86,038,000 |
| Interest-bearing deposits | 61,640,000 | 61,515,000 | 65,761,000 | 73,515,000 |
| Noninterest-bearing deposits | 10,742,000 | 12,791,000 | 13,057,000 | 12,523,000 |
| Equity capital | 9,440,000 | 9,514,000 | 9,872,000 | 10,103,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,586,000 | 3,265,000 | 5,007,000 | 6,812,000 |
| Interest expense | 659,000 | 1,335,000 | 2,044,000 | 2,775,000 |
| Net interest income | 927,000 | 1,930,000 | 2,963,000 | 4,037,000 |
| Noninterest income | 370,000 | 699,000 | 1,036,000 | 1,388,000 |
| Noninterest expense | 762,000 | 1,546,000 | 2,331,000 | 3,103,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 490,000 | 993,000 | 1,533,000 | 2,142,000 |
| Income tax | 0 | 1,000 | 2,000 | 2,000 |
| Net income | 490,000 | 992,000 | 1,531,000 | 2,140,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,589,000 | 7,679,000 | 8,004,000 | 8,211,000 |
| Total capital | 8,447,000 | 8,563,000 | 8,949,000 | 9,171,000 |
| Risk-weighted assets | 70,079,000 | 70,695,000 | 74,827,000 | 76,783,000 |
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