Call reports 2008
LAKE COUNTRY COMMUNITY BANK — 2008
What LAKE COUNTRY COMMUNITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 43,947,000 | 43,788,000 | 44,127,000 | 43,055,000 |
| Total loans | 37,629,000 | 36,395,000 | 34,809,000 | 33,990,000 |
| Allowance for loan losses | 473,000 | 620,000 | 795,000 | 605,000 |
| Securities available for sale | 1,937,000 | 2,036,000 | 2,035,000 | 1,966,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,798,000 | 33,187,000 | 33,768,000 | 32,272,000 |
| Interest-bearing deposits | 29,164,000 | 29,689,000 | 30,034,000 | 28,448,000 |
| Noninterest-bearing deposits | 3,634,000 | 3,498,000 | 3,734,000 | 3,824,000 |
| Equity capital | 3,380,000 | 3,277,000 | 3,137,000 | 3,146,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 732,000 | 1,415,000 | 2,065,000 | 2,683,000 |
| Interest expense | 366,000 | 699,000 | 1,023,000 | 1,321,000 |
| Net interest income | 366,000 | 716,000 | 1,042,000 | 1,362,000 |
| Noninterest income | 54,000 | 114,000 | 181,000 | 215,000 |
| Noninterest expense | 326,000 | 684,000 | 1,058,000 | 1,442,000 |
| Provision for loan losses | 99,000 | 312,000 | 572,000 | 572,000 |
| Pretax income | -5,000 | -166,000 | -407,000 | -437,000 |
| Income tax | -2,000 | -74,000 | -172,000 | -185,000 |
| Net income | -3,000 | -92,000 | -235,000 | -252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,380,000 | 3,277,000 | 3,137,000 | 3,124,000 |
| Total capital | 3,783,000 | 3,677,000 | 3,547,000 | 3,511,000 |
| Risk-weighted assets | 32,597,000 | 33,466,000 | 32,538,000 | 30,736,000 |