Call reports 2008
LAKE NATIONAL BANK — 2008
What LAKE NATIONAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 72,201,000 | 74,529,000 | 80,984,000 | 80,098,000 |
| Total loans | 58,752,000 | 61,384,000 | 64,846,000 | 68,004,000 |
| Allowance for loan losses | 432,000 | 471,000 | 525,000 | 680,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,506,000 | 1,482,000 | 1,486,000 | 1,490,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,791,000 | 65,065,000 | 71,422,000 | 70,457,000 |
| Interest-bearing deposits | 56,288,000 | 58,418,000 | 60,975,000 | 62,681,000 |
| Noninterest-bearing deposits | 6,503,000 | 6,647,000 | 10,447,000 | 7,776,000 |
| Equity capital | 9,121,000 | 9,166,000 | 9,214,000 | 9,384,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,081,000 | 2,145,000 | 3,259,000 | 4,412,000 |
| Interest expense | 556,000 | 1,050,000 | 1,551,000 | 2,018,000 |
| Net interest income | 525,000 | 1,095,000 | 1,708,000 | 2,394,000 |
| Noninterest income | 12,000 | 29,000 | 45,000 | 62,000 |
| Noninterest expense | 483,000 | 963,000 | 1,465,000 | 1,971,000 |
| Provision for loan losses | 33,000 | 72,000 | 126,000 | 281,000 |
| Pretax income | 21,000 | 89,000 | 162,000 | 204,000 |
| Income tax | 8,000 | 31,000 | 56,000 | -72,000 |
| Net income | 13,000 | 58,000 | 106,000 | 276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,121,000 | 9,166,000 | 9,214,000 | 9,384,000 |
| Total capital | 9,553,000 | 9,637,000 | 9,739,000 | 10,064,000 |
| Risk-weighted assets | 54,491,000 | 56,980,000 | 60,388,000 | 62,296,000 |