Call reports 2020
LAKE SHORE BANK — 2020
What LAKE SHORE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 628,600,000 | 678,392,000 | 682,763,000 | 686,391,000 |
| Total loans | 478,131,000 | 493,006,000 | 496,638,000 | 530,014,000 |
| Allowance for loan losses | 4,760,000 | 5,064,000 | 5,347,000 | 5,857,000 |
| Securities available for sale | 71,081,000 | 72,840,000 | 81,598,000 | 79,233,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 504,570,000 | 556,403,000 | 559,369,000 | 565,030,000 |
| Interest-bearing deposits | 438,009,000 | 463,389,000 | 466,509,000 | 469,684,000 |
| Noninterest-bearing deposits | 66,561,000 | 93,014,000 | 92,860,000 | 95,346,000 |
| Equity capital | 81,122,000 | 80,098,000 | 81,300,000 | 82,782,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 6,312,000 | 12,473,000 | 18,412,000 | 24,412,000 |
| Interest expense | 1,425,000 | 2,558,000 | 3,598,000 | 4,514,000 |
| Net interest income | 4,887,000 | 9,915,000 | 14,814,000 | 19,898,000 |
| Noninterest income | 594,000 | 1,189,000 | 1,905,000 | 2,992,000 |
| Noninterest expense | 4,048,000 | 7,696,000 | 11,489,000 | 15,641,000 |
| Provision for loan losses | 500,000 | 825,000 | 1,125,000 | 1,625,000 |
| Pretax income | 913,000 | 2,593,000 | 4,129,000 | 5,682,000 |
| Income tax | 140,000 | 399,000 | 646,000 | 908,000 |
| Net income | 773,000 | 2,194,000 | 3,483,000 | 4,774,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,963,000 | 77,934,000 | 79,274,000 | 80,634,000 |