Call reports 2021
LAKE SHORE BANK — 2021
What LAKE SHORE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 706,038,000 | 710,657,000 | 708,725,000 | 714,033,000 |
| Total loans | 544,213,000 | 552,922,000 | 530,815,000 | 523,340,000 |
| Allowance for loan losses | 6,004,000 | 6,491,000 | 6,125,000 | 6,118,000 |
| Securities available for sale | 75,336,000 | 78,449,000 | 83,680,000 | 88,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 585,470,000 | 592,436,000 | 594,809,000 | 598,077,000 |
| Interest-bearing deposits | 478,286,000 | 476,426,000 | 477,073,000 | 483,551,000 |
| Noninterest-bearing deposits | 107,184,000 | 116,010,000 | 117,736,000 | 114,526,000 |
| Equity capital | 83,775,000 | 82,078,000 | 83,309,000 | 85,223,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,086,000 | 12,318,000 | 18,812,000 | 24,851,000 |
| Interest expense | 812,000 | 1,575,000 | 2,229,000 | 2,766,000 |
| Net interest income | 5,274,000 | 10,743,000 | 16,583,000 | 22,085,000 |
| Noninterest income | 764,000 | 1,386,000 | 2,053,000 | 2,961,000 |
| Noninterest expense | 3,844,000 | 8,132,000 | 12,515,000 | 16,658,000 |
| Provision for loan losses | 150,000 | 650,000 | 650,000 | 650,000 |
| Pretax income | 2,059,000 | 3,359,000 | 5,488,000 | 7,764,000 |
| Income tax | 319,000 | 568,000 | 949,000 | 1,371,000 |
| Net income | 1,740,000 | 2,791,000 | 4,539,000 | 6,393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,428,000 | 80,522,000 | 82,326,000 | 84,245,000 |