Call reports 2006
LAKE NATIONAL BANK — 2006
What LAKE NATIONAL BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 33,375,000 | 33,092,000 | 37,050,000 | 45,696,000 |
| Total loans | 18,169,000 | 22,124,000 | 28,239,000 | 32,245,000 |
| Allowance for loan losses | 203,000 | 236,000 | 269,000 | 291,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,493,000 | 1,455,000 | 1,468,000 | 1,480,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,814,000 | 23,673,000 | 27,730,000 | 36,470,000 |
| Interest-bearing deposits | 20,333,000 | 20,556,000 | 24,380,000 | 29,453,000 |
| Noninterest-bearing deposits | 3,481,000 | 3,117,000 | 3,350,000 | 7,017,000 |
| Equity capital | 9,432,000 | 9,287,000 | 9,169,000 | 9,085,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 417,000 | 933,000 | 1,495,000 | 2,166,000 |
| Interest expense | 171,000 | 382,000 | 614,000 | 919,000 |
| Net interest income | 246,000 | 551,000 | 881,000 | 1,247,000 |
| Noninterest income | 4,000 | 8,000 | 13,000 | 18,000 |
| Noninterest expense | 413,000 | 834,000 | 1,254,000 | 1,637,000 |
| Provision for loan losses | 33,000 | 66,000 | 99,000 | 121,000 |
| Pretax income | -196,000 | -341,000 | -459,000 | -493,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -196,000 | -341,000 | -459,000 | -493,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,432,000 | 9,287,000 | 9,169,000 | 9,085,000 |
| Total capital | 9,635,000 | 9,523,000 | 9,438,000 | 9,376,000 |
| Risk-weighted assets | 18,804,000 | 21,508,000 | 25,554,000 | 29,073,000 |