Call reports 2024
LAKE SHORE BANK — 2024
What LAKE SHORE 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 | 717,061,000 | 710,494,000 | 697,390,000 | 685,157,000 |
| Total loans | 561,706,000 | 550,263,000 | 544,540,000 | 549,758,000 |
| Allowance for loan losses | 6,237,000 | 5,916,000 | 5,494,000 | 5,133,000 |
| Securities available for sale | 58,652,000 | 57,279,000 | 58,756,000 | 56,422,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 599,302,000 | 594,456,000 | 590,569,000 | 577,135,000 |
| Interest-bearing deposits | 502,573,000 | 494,630,000 | 489,311,000 | 477,474,000 |
| Noninterest-bearing deposits | 96,729,000 | 99,826,000 | 101,258,000 | 99,661,000 |
| Equity capital | 82,781,000 | 83,592,000 | 86,912,000 | 87,280,000 |
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 | 8,651,000 | 17,459,000 | 26,362,000 | 35,000,000 |
| Interest expense | 3,499,000 | 7,069,000 | 10,550,000 | 13,823,000 |
| Net interest income | 5,152,000 | 10,390,000 | 15,812,000 | 21,177,000 |
| Noninterest income | 641,000 | 1,313,000 | 2,039,000 | 3,018,000 |
| Noninterest expense | 4,890,000 | 9,654,000 | 14,338,000 | 19,482,000 |
| Provision for loan losses | -223,000 | -544,000 | -955,000 | -1,308,000 |
| Pretax income | 1,266,000 | 2,700,000 | 4,390,000 | 6,251,000 |
| Income tax | 198,000 | 442,000 | 720,000 | 1,034,000 |
| Net income | 1,068,000 | 2,258,000 | 3,670,000 | 5,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 92,964,000 | 94,196,000 | 95,651,000 | 97,244,000 |