Call reports 2005
LAKE NATIONAL BANK — 2005
What LAKE NATIONAL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 15,489,000 | 23,117,000 | 24,766,000 | 29,083,000 |
| Total loans | 418,000 | 3,277,000 | 9,698,000 | 14,185,000 |
| Allowance for loan losses | 51,000 | 102,000 | 153,000 | 170,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,484,000 | 1,492,000 | 1,500,000 | 1,481,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,173,000 | 13,065,000 | 14,918,000 | 19,387,000 |
| Interest-bearing deposits | 4,900,000 | 11,587,000 | 12,254,000 | 16,210,000 |
| Noninterest-bearing deposits | 273,000 | 1,478,000 | 2,664,000 | 3,177,000 |
| Equity capital | 10,287,000 | 10,029,000 | 9,808,000 | 9,628,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 75,000 | 242,000 | 491,000 | 851,000 |
| Interest expense | 12,000 | 62,000 | 142,000 | 264,000 |
| Net interest income | 63,000 | 180,000 | 349,000 | 587,000 |
| Noninterest income | 1,000 | 4,000 | 5,000 | 6,000 |
| Noninterest expense | 673,000 | 1,000,000 | 1,340,000 | 1,742,000 |
| Provision for loan losses | 51,000 | 102,000 | 153,000 | 170,000 |
| Pretax income | -660,000 | -918,000 | -1,139,000 | -1,319,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -660,000 | -918,000 | -1,139,000 | -1,319,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,287,000 | 10,029,000 | 9,808,000 | 9,628,000 |
| Total capital | 10,338,000 | 10,131,000 | 9,961,000 | 9,798,000 |
| Risk-weighted assets | 4,382,000 | 7,619,000 | 12,097,000 | 15,459,000 |