Call reports 2024
LAKE COUNTRY COMMUNITY BANK — 2024
What LAKE COUNTRY COMMUNITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 29,194,000 | 28,438,000 | 31,963,000 | 34,266,000 |
| Total loans | 11,243,000 | 10,490,000 | 10,730,000 | 11,193,000 |
| Allowance for loan losses | 144,000 | 148,000 | 143,000 | 135,000 |
| Securities available for sale | 10,899,000 | 10,658,000 | 10,759,000 | 9,996,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,376,000 | 25,597,000 | 28,669,000 | 31,302,000 |
| Interest-bearing deposits | 16,934,000 | 16,711,000 | 18,582,000 | 21,059,000 |
| Noninterest-bearing deposits | 9,441,000 | 8,886,000 | 10,087,000 | 10,243,000 |
| Equity capital | 2,633,000 | 2,701,000 | 3,039,000 | 2,758,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 287,000 | 569,000 | 883,000 | 1,234,000 |
| Interest expense | 51,000 | 108,000 | 173,000 | 264,000 |
| Net interest income | 236,000 | 461,000 | 710,000 | 970,000 |
| Noninterest income | 11,000 | 13,000 | 21,000 | 30,000 |
| Noninterest expense | 243,000 | 466,000 | 696,000 | 942,000 |
| Provision for loan losses | 3,000 | 7,000 | 2,000 | -8,000 |
| Pretax income | 0 | -7,000 | 23,000 | 56,000 |
| Income tax | 1,000 | 4,000 | 8,000 | 17,000 |
| Net income | -1,000 | -11,000 | 15,000 | 39,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,714,000 | 3,683,000 | 3,708,000 | 3,733,000 |
| Total capital | 3,866,000 | 3,839,000 | 3,859,000 | 3,880,000 |
| Risk-weighted assets | 16,063,000 | 14,827,000 | 14,663,000 | 16,211,000 |