Call reports 2011
LAKE NATIONAL BANK — 2011
What LAKE NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 108,212,000 | 117,869,000 | 119,984,000 | 122,470,000 |
| Total loans | 83,896,000 | 84,165,000 | 82,789,000 | 88,926,000 |
| Allowance for loan losses | 1,963,000 | 1,696,000 | 1,828,000 | 1,713,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,002,000 | 2,773,000 | 1,516,000 | 1,513,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,969,000 | 106,312,000 | 108,270,000 | 110,222,000 |
| Interest-bearing deposits | 79,634,000 | 84,773,000 | 88,005,000 | 91,701,000 |
| Noninterest-bearing deposits | 17,335,000 | 21,539,000 | 20,265,000 | 18,521,000 |
| Equity capital | 10,956,000 | 11,156,000 | 11,252,000 | 11,571,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,297,000 | 2,595,000 | 3,914,000 | 5,343,000 |
| Interest expense | 221,000 | 432,000 | 650,000 | 862,000 |
| Net interest income | 1,076,000 | 2,163,000 | 3,264,000 | 4,481,000 |
| Noninterest income | 19,000 | 43,000 | 81,000 | 120,000 |
| Noninterest expense | 648,000 | 1,321,000 | 2,013,000 | 2,645,000 |
| Provision for loan losses | 135,000 | 270,000 | 405,000 | 540,000 |
| Pretax income | 312,000 | 615,000 | 927,000 | 1,416,000 |
| Income tax | 106,000 | 209,000 | 315,000 | 485,000 |
| Net income | 206,000 | 406,000 | 612,000 | 931,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,956,000 | 11,156,000 | 11,252,000 | 11,569,000 |
| Total capital | 11,905,000 | 12,104,000 | 12,190,000 | 12,604,000 |
| Risk-weighted assets | 74,928,000 | 75,126,000 | 74,126,000 | 82,093,000 |