Call reports 2023
LAKE SHORE BANK — 2023
What LAKE SHORE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 730,451,000 | 713,598,000 | 713,017,000 | 724,707,000 |
| Total loans | 581,161,000 | 576,285,000 | 571,543,000 | 562,297,000 |
| Allowance for loan losses | 6,708,000 | 6,758,000 | 6,642,000 | 6,463,000 |
| Securities available for sale | 73,742,000 | 65,367,000 | 57,939,000 | 60,424,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 600,006,000 | 587,522,000 | 588,601,000 | 596,510,000 |
| Interest-bearing deposits | 500,900,000 | 487,847,000 | 486,415,000 | 497,966,000 |
| Noninterest-bearing deposits | 99,106,000 | 99,675,000 | 102,186,000 | 98,544,000 |
| Equity capital | 79,370,000 | 79,535,000 | 77,994,000 | 82,487,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 7,996,000 | 16,494,000 | 25,248,000 | 33,892,000 |
| Interest expense | 1,709,000 | 4,017,000 | 6,492,000 | 9,571,000 |
| Net interest income | 6,287,000 | 12,477,000 | 18,756,000 | 24,321,000 |
| Noninterest income | 549,000 | 1,047,000 | 1,640,000 | 2,570,000 |
| Noninterest expense | 5,406,000 | 11,033,000 | 16,157,000 | 21,287,000 |
| Provision for loan losses | -625,000 | -592,000 | -729,000 | -896,000 |
| Pretax income | 2,058,000 | 3,260,000 | 5,209,000 | 6,607,000 |
| Income tax | 291,000 | 560,000 | 900,000 | 1,481,000 |
| Net income | 1,767,000 | 2,700,000 | 4,309,000 | 5,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,449,000 | 89,404,000 | 91,033,000 | 91,872,000 |