Call reports 2010
LAKE NATIONAL BANK — 2010
What LAKE NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 91,875,000 | 92,985,000 | 101,006,000 | 109,637,000 |
| Total loans | 74,502,000 | 76,270,000 | 76,761,000 | 83,158,000 |
| Allowance for loan losses | 1,433,000 | 1,558,000 | 1,693,000 | 1,828,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,500,000 | 2,498,000 | 2,248,000 | 2,752,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,566,000 | 82,438,000 | 90,182,000 | 98,685,000 |
| Interest-bearing deposits | 69,226,000 | 70,448,000 | 78,511,000 | 81,239,000 |
| Noninterest-bearing deposits | 12,340,000 | 11,990,000 | 11,671,000 | 17,446,000 |
| Equity capital | 10,090,000 | 10,266,000 | 10,443,000 | 10,750,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,203,000 | 2,408,000 | 3,630,000 | 4,893,000 |
| Interest expense | 269,000 | 510,000 | 758,000 | 996,000 |
| Net interest income | 934,000 | 1,898,000 | 2,872,000 | 3,897,000 |
| Noninterest income | 28,000 | 52,000 | 77,000 | 103,000 |
| Noninterest expense | 566,000 | 1,152,000 | 1,748,000 | 2,365,000 |
| Provision for loan losses | 135,000 | 270,000 | 405,000 | 540,000 |
| Pretax income | 261,000 | 528,000 | 796,000 | 1,095,000 |
| Income tax | 0 | 91,000 | 182,000 | 174,000 |
| Net income | 261,000 | 437,000 | 614,000 | 921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,090,000 | 10,266,000 | 10,443,000 | 10,750,000 |
| Total capital | 10,944,000 | 11,134,000 | 11,321,000 | 11,684,000 |
| Risk-weighted assets | 67,744,000 | 68,734,000 | 69,437,000 | 73,845,000 |