Call reports 2004
LORAIN NATIONAL BANK, THE — 2004
What LORAIN NATIONAL BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 748,727,000 | 757,513,000 | 766,943,000 | 777,824,000 |
| Total loans | 537,008,000 | 548,883,000 | 566,058,000 | 575,224,000 |
| Allowance for loan losses | 7,819,000 | 7,989,000 | 7,351,000 | 7,386,000 |
| Securities available for sale | 127,031,000 | 127,570,000 | 138,824,000 | 145,394,000 |
| Securities held to maturity | 21,157,000 | 20,944,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 565,339,000 | 591,901,000 | 602,802,000 | 605,812,000 |
| Interest-bearing deposits | 479,563,000 | 499,508,000 | 507,012,000 | 509,263,000 |
| Noninterest-bearing deposits | 85,776,000 | 92,393,000 | 95,790,000 | 96,549,000 |
| Equity capital | 61,840,000 | 60,131,000 | 62,594,000 | 62,577,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 8,966,000 | 18,016,000 | 27,478,000 | 37,280,000 |
| Interest expense | 2,174,000 | 4,428,000 | 6,806,000 | 9,376,000 |
| Net interest income | 6,792,000 | 13,588,000 | 20,672,000 | 27,904,000 |
| Noninterest income | 2,645,000 | 5,265,000 | 8,120,000 | 11,231,000 |
| Noninterest expense | 5,928,000 | 12,153,000 | 18,838,000 | 26,056,000 |
| Provision for loan losses | 525,000 | 950,000 | 1,349,000 | 1,748,000 |
| Pretax income | 3,207,000 | 5,973,000 | 8,986,000 | 10,554,000 |
| Income tax | 963,000 | 1,753,000 | 2,663,000 | 3,043,000 |
| Net income | 2,244,000 | 4,220,000 | 6,323,000 | 7,511,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,660,000 | 59,851,000 | 60,476,000 | 60,461,000 |
| Total capital | 69,959,000 | 71,562,000 | 71,827,000 | 71,931,000 |
| Risk-weighted assets | 583,175,000 | 616,606,000 | 624,379,000 | 646,113,000 |