Call reports 2014
LAKE NATIONAL BANK — 2014
What LAKE NATIONAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 148,764,000 | 147,775,000 | 141,035,000 | 135,809,000 |
| Total loans | 104,943,000 | 109,831,000 | 111,802,000 | 114,954,000 |
| Allowance for loan losses | 1,982,000 | 2,064,000 | 2,045,000 | 2,199,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,500,000 | 1,499,000 | 1,499,000 | 1,498,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,544,000 | 133,792,000 | 127,044,000 | 121,532,000 |
| Interest-bearing deposits | 112,897,000 | 108,146,000 | 102,802,000 | 100,162,000 |
| Noninterest-bearing deposits | 21,647,000 | 25,646,000 | 24,242,000 | 21,370,000 |
| Equity capital | 13,251,000 | 13,443,000 | 13,417,000 | 13,740,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,485,000 | 3,047,000 | 4,587,000 | 6,205,000 |
| Interest expense | 218,000 | 415,000 | 599,000 | 763,000 |
| Net interest income | 1,267,000 | 2,632,000 | 3,988,000 | 5,442,000 |
| Noninterest income | 95,000 | 238,000 | 349,000 | 496,000 |
| Noninterest expense | 941,000 | 1,872,000 | 2,839,000 | 3,769,000 |
| Provision for loan losses | 242,000 | 533,000 | 893,000 | 1,128,000 |
| Pretax income | 179,000 | 465,000 | 605,000 | 1,041,000 |
| Income tax | 57,000 | 151,000 | 207,000 | 320,000 |
| Net income | 122,000 | 314,000 | 398,000 | 721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,244,000 | 13,436,000 | 13,409,000 | 13,732,000 |
| Total capital | 14,558,000 | 14,794,000 | 14,795,000 | 15,256,000 |
| Risk-weighted assets | 104,502,000 | 107,971,000 | 110,256,000 | 121,283,000 |