Call reports 2016
LAKE NATIONAL BANK — 2016
What LAKE NATIONAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Total assets | 155,059,000 | 156,575,000 |
| Total loans | 125,846,000 | 124,578,000 |
| Allowance for loan losses | 2,072,000 | 2,211,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 1,931,000 | 1,930,000 |
| Trading assets | 0 | 0 |
| Total deposits | 138,432,000 | 139,712,000 |
| Interest-bearing deposits | 116,735,000 | 112,259,000 |
| Noninterest-bearing deposits | 21,697,000 | 27,453,000 |
| Equity capital | 14,243,000 | 14,363,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Interest income | 1,621,000 | 3,242,000 |
| Interest expense | 194,000 | 392,000 |
| Net interest income | 1,427,000 | 2,850,000 |
| Noninterest income | 120,000 | 214,000 |
| Noninterest expense | 1,075,000 | 2,097,000 |
| Provision for loan losses | 210,000 | 360,000 |
| Pretax income | 262,000 | 607,000 |
| Income tax | 85,000 | 200,000 |
| Net income | 177,000 | 407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Tier 1 capital | 14,243,000 | 14,363,000 |
| Total capital | 15,898,000 | 16,018,000 |
| Risk-weighted assets | 132,044,000 | 131,848,000 |