Call reports 2006
LORAIN NATIONAL BANK, THE — 2006
What LORAIN NATIONAL BANK, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 810,057,000 | 823,578,000 | 832,123,000 | 851,315,000 |
| Total loans | 590,825,000 | 600,936,000 | 609,152,000 | 628,333,000 |
| Allowance for loan losses | 6,568,000 | 6,568,000 | 6,304,000 | 7,300,000 |
| Securities available for sale | 157,883,000 | 161,881,000 | 160,109,000 | 155,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 675,054,000 | 678,514,000 | 688,767,000 | 717,787,000 |
| Interest-bearing deposits | 586,059,000 | 592,126,000 | 608,350,000 | 626,044,000 |
| Noninterest-bearing deposits | 88,995,000 | 86,388,000 | 80,417,000 | 91,743,000 |
| Equity capital | 62,611,000 | 62,468,000 | 64,490,000 | 64,636,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 11,608,000 | 23,639,000 | 36,461,000 | 49,203,000 |
| Interest expense | 4,472,000 | 9,393,000 | 14,976,000 | 20,907,000 |
| Net interest income | 7,136,000 | 14,246,000 | 21,485,000 | 28,296,000 |
| Noninterest income | 2,155,000 | 4,570,000 | 7,076,000 | 9,919,000 |
| Noninterest expense | 7,213,000 | 14,365,000 | 21,646,000 | 28,958,000 |
| Provision for loan losses | 150,000 | 315,000 | 915,000 | 2,280,000 |
| Pretax income | 1,928,000 | 4,136,000 | 6,000,000 | 6,976,000 |
| Income tax | 512,000 | 1,087,000 | 1,552,000 | 1,633,000 |
| Net income | 1,416,000 | 3,049,000 | 4,448,000 | 5,343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,082,000 | 63,545,000 | 63,398,000 | 63,268,000 |
| Total capital | 73,650,000 | 74,113,000 | 73,702,000 | 74,568,000 |
| Risk-weighted assets | 669,062,000 | 683,125,000 | 691,098,000 | 706,821,000 |