Call reports 2008
LAKE CITY BANK — 2008
What LAKE CITY BANK 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 | 2,203,388,000 | 2,247,541,000 | 2,253,386,000 | 2,376,286,000 |
| Total loans | 1,603,391,000 | 1,676,309,000 | 1,719,936,000 | 1,833,735,000 |
| Allowance for loan losses | 16,758,000 | 18,014,000 | 18,124,000 | 18,860,000 |
| Securities available for sale | 342,436,000 | 390,373,000 | 387,989,000 | 388,432,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,579,766,000 | 1,606,221,000 | 1,709,081,000 | 1,886,745,000 |
| Interest-bearing deposits | 1,234,166,000 | 1,357,495,000 | 1,472,122,000 | 1,654,583,000 |
| Noninterest-bearing deposits | 345,600,000 | 248,726,000 | 236,959,000 | 232,162,000 |
| Equity capital | 177,046,000 | 178,453,000 | 181,315,000 | 177,802,000 |
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 | 29,675,000 | 58,781,000 | 89,938,000 | 118,980,000 |
| Interest expense | 14,472,000 | 27,537,000 | 40,767,000 | 53,153,000 |
| Net interest income | 15,203,000 | 31,244,000 | 49,171,000 | 65,827,000 |
| Noninterest income | 5,640,000 | 11,505,000 | 17,484,000 | 22,725,000 |
| Noninterest expense | 11,224,000 | 22,648,000 | 34,413,000 | 46,773,000 |
| Provision for loan losses | 1,153,000 | 4,174,000 | 7,884,000 | 10,207,000 |
| Pretax income | 8,493,000 | 15,955,000 | 24,397,000 | 31,611,000 |
| Income tax | 2,788,000 | 5,068,000 | 7,892,000 | 10,226,000 |
| Net income | 5,705,000 | 10,887,000 | 16,505,000 | 21,385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 171,496,000 | 176,717,000 | 180,860,000 | 184,273,000 |
| Total capital | 188,254,000 | 194,731,000 | 198,984,000 | 203,133,000 |
| Risk-weighted assets | 1,752,885,000 | 1,819,904,000 | 1,867,183,000 | 2,010,926,000 |