Call reports 2008
LORAIN NATIONAL BANK, THE — 2008
What LORAIN NATIONAL BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,066,511,000 | 1,072,344,000 | 1,108,889,000 | 1,135,484,000 |
| Total loans | 760,191,000 | 774,143,000 | 799,219,000 | 807,130,000 |
| Allowance for loan losses | 8,000,000 | 11,874,000 | 11,355,000 | 11,652,000 |
| Securities available for sale | 180,481,000 | 173,342,000 | 171,918,000 | 223,053,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 37,220,000 | 37,195,000 | 33,559,000 | 11,261,000 |
| Total deposits | 867,161,000 | 861,819,000 | 896,999,000 | 947,583,000 |
| Interest-bearing deposits | 830,287,000 | 822,551,000 | 858,213,000 | 911,583,000 |
| Noninterest-bearing deposits | 36,874,000 | 39,268,000 | 38,786,000 | 36,000,000 |
| Equity capital | 95,809,000 | 92,257,000 | 93,341,000 | 94,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 15,109,000 | 29,548,000 | 43,933,000 | 58,318,000 |
| Interest expense | 7,360,000 | 13,487,000 | 19,455,000 | 25,398,000 |
| Net interest income | 7,749,000 | 16,061,000 | 24,478,000 | 32,920,000 |
| Noninterest income | 3,117,000 | 6,210,000 | 9,174,000 | 11,979,000 |
| Noninterest expense | 8,462,000 | 17,220,000 | 25,689,000 | 34,127,000 |
| Provision for loan losses | 474,000 | 5,138,000 | 5,609,000 | 6,809,000 |
| Pretax income | 2,145,000 | 197,000 | 2,861,000 | 4,502,000 |
| Income tax | 411,000 | -667,000 | -72,000 | 445,000 |
| Net income | 1,734,000 | 864,000 | 2,933,000 | 4,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,162,000 | 69,811,000 | 70,510,000 | 71,171,000 |
| Total capital | 85,162,000 | 86,131,000 | 87,022,000 | 87,844,000 |
| Risk-weighted assets | 801,072,000 | 824,029,000 | 840,137,000 | 852,856,000 |