Call reports 2010
LORAIN NATIONAL BANK, THE — 2010
What LORAIN NATIONAL BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,158,047,000 | 1,153,171,000 | 1,156,097,000 | 1,152,026,000 |
| Total loans | 796,276,000 | 796,978,000 | 800,584,000 | 817,682,000 |
| Allowance for loan losses | 19,183,000 | 19,435,000 | 17,197,000 | 16,136,000 |
| Securities available for sale | 248,112,000 | 244,111,000 | 214,922,000 | 221,725,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 981,087,000 | 975,388,000 | 980,087,000 | 979,618,000 |
| Interest-bearing deposits | 936,565,000 | 931,218,000 | 933,962,000 | 926,395,000 |
| Noninterest-bearing deposits | 44,522,000 | 44,170,000 | 46,125,000 | 53,223,000 |
| Equity capital | 119,789,000 | 122,051,000 | 123,212,000 | 120,777,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 13,291,000 | 26,265,000 | 39,069,000 | 51,754,000 |
| Interest expense | 3,364,000 | 6,494,000 | 9,434,000 | 12,253,000 |
| Net interest income | 9,927,000 | 19,771,000 | 29,635,000 | 39,501,000 |
| Noninterest income | 2,632,000 | 5,546,000 | 8,300,000 | 11,261,000 |
| Noninterest expense | 8,676,000 | 17,679,000 | 26,342,000 | 35,496,000 |
| Provision for loan losses | 2,109,000 | 4,218,000 | 6,294,000 | 10,225,000 |
| Pretax income | 1,812,000 | 3,558,000 | 5,093,000 | 5,046,000 |
| Income tax | 361,000 | 720,000 | 892,000 | 706,000 |
| Net income | 1,451,000 | 2,838,000 | 4,201,000 | 4,340,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,325,000 | 95,655,000 | 97,053,000 | 96,227,000 |
| Total capital | 109,192,000 | 110,291,000 | 111,701,000 | 111,091,000 |
| Risk-weighted assets | 861,932,000 | 842,068,000 | 845,258,000 | 863,864,000 |