Call reports 2011
LAKES STATE BANK — 2011
What LAKES STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 98,101,000 | 101,883,000 | 106,550,000 | 102,194,000 |
| Total loans | 67,081,000 | 68,134,000 | 64,852,000 | 67,423,000 |
| Allowance for loan losses | 873,000 | 849,000 | 967,000 | 869,000 |
| Securities available for sale | 17,001,000 | 13,111,000 | 16,236,000 | 13,207,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,712,000 | 89,265,000 | 93,637,000 | 89,419,000 |
| Interest-bearing deposits | 75,212,000 | 75,955,000 | 79,255,000 | 77,401,000 |
| Noninterest-bearing deposits | 10,500,000 | 13,310,000 | 14,382,000 | 12,018,000 |
| Equity capital | 12,041,000 | 12,232,000 | 12,466,000 | 12,563,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,233,000 | 2,501,000 | 3,738,000 | 4,973,000 |
| Interest expense | 249,000 | 472,000 | 682,000 | 869,000 |
| Net interest income | 984,000 | 2,029,000 | 3,056,000 | 4,104,000 |
| Noninterest income | 339,000 | 585,000 | 884,000 | 1,267,000 |
| Noninterest expense | 911,000 | 1,922,000 | 2,800,000 | 3,749,000 |
| Provision for loan losses | 150,000 | 320,000 | 470,000 | 620,000 |
| Pretax income | 262,000 | 372,000 | 670,000 | 1,002,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 2,000 |
| Net income | 261,000 | 371,000 | 669,000 | 1,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,388,000 | 10,349,000 | 10,577,000 | 10,696,000 |
| Total capital | 11,230,000 | 11,198,000 | 11,405,000 | 11,544,000 |
| Risk-weighted assets | 67,300,000 | 67,391,000 | 66,124,000 | 67,847,000 |
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