Call reports 2014
LORAIN NATIONAL BANK, THE — 2014
What LORAIN NATIONAL BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,254,700,000 | 1,236,042,000 | 1,240,376,000 | 1,235,679,000 |
| Total loans | 912,000,000 | 910,221,000 | 924,011,000 | 933,671,000 |
| Allowance for loan losses | 17,497,000 | 17,430,000 | 17,432,000 | 17,416,000 |
| Securities available for sale | 217,510,000 | 219,422,000 | 218,847,000 | 217,572,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,078,323,000 | 1,050,844,000 | 1,059,681,000 | 1,036,756,000 |
| Interest-bearing deposits | 1,042,587,000 | 1,012,669,000 | 1,022,189,000 | 995,580,000 |
| Noninterest-bearing deposits | 35,735,000 | 38,175,000 | 37,492,000 | 41,175,000 |
| Equity capital | 123,731,000 | 126,068,000 | 127,729,000 | 128,989,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 10,393,000 | 21,005,000 | 31,355,000 | 42,003,000 |
| Interest expense | 1,237,000 | 2,418,000 | 3,602,000 | 4,789,000 |
| Net interest income | 9,156,000 | 18,587,000 | 27,753,000 | 37,214,000 |
| Noninterest income | 2,932,000 | 6,208,000 | 9,588,000 | 12,999,000 |
| Noninterest expense | 8,630,000 | 17,307,000 | 26,039,000 | 35,090,000 |
| Provision for loan losses | 900,000 | 1,793,000 | 2,513,000 | 3,113,000 |
| Pretax income | 2,558,000 | 5,690,000 | 8,784,000 | 12,005,000 |
| Income tax | 668,000 | 1,546,000 | 2,359,000 | 3,379,000 |
| Net income | 1,890,000 | 4,144,000 | 6,425,000 | 8,626,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,001,000 | 105,981,000 | 107,176,000 | 107,498,000 |
| Total capital | 117,062,000 | 117,962,000 | 119,492,000 | 119,772,000 |
| Risk-weighted assets | 959,481,000 | 954,051,000 | 980,136,000 | 976,917,000 |