Call reports 2020
LAKE CITY BANK — 2020
What LAKE CITY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 5,020,877,000 | 5,434,736,000 | 5,543,096,000 | 5,822,227,000 |
| Total loans | 4,093,721,000 | 4,507,172,000 | 4,600,021,000 | 4,660,374,000 |
| Allowance for loan losses | 53,609,000 | 59,019,000 | 60,747,000 | 61,408,000 |
| Securities available for sale | 624,325,000 | 632,907,000 | 644,034,000 | 734,845,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,284,202,000 | 4,651,766,000 | 4,768,031,000 | 5,037,372,000 |
| Interest-bearing deposits | 3,223,709,000 | 3,217,527,000 | 3,347,102,000 | 3,498,474,000 |
| Noninterest-bearing deposits | 1,060,493,000 | 1,434,239,000 | 1,420,929,000 | 1,538,898,000 |
| Equity capital | 601,111,000 | 617,000,000 | 632,835,000 | 652,407,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 50,580,000 | 97,564,000 | 143,669,000 | 193,634,000 |
| Interest expense | 11,576,000 | 18,833,000 | 24,853,000 | 29,949,000 |
| Net interest income | 39,004,000 | 78,731,000 | 118,816,000 | 163,685,000 |
| Noninterest income | 10,603,000 | 21,755,000 | 34,598,000 | 46,299,000 |
| Noninterest expense | 21,588,000 | 42,910,000 | 65,196,000 | 88,898,000 |
| Provision for loan losses | 6,600,000 | 12,100,000 | 13,850,000 | 14,770,000 |
| Pretax income | 21,434,000 | 45,495,000 | 74,718,000 | 106,732,000 |
| Income tax | 3,886,000 | 8,406,000 | 14,141,000 | 20,592,000 |
| Net income | 17,548,000 | 37,076,000 | 60,564,000 | 86,127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 573,591,000 | 587,228,000 | 602,641,000 | 619,693,000 |
| Total capital | 627,289,000 | 641,437,000 | 658,287,000 | 678,034,000 |
| Risk-weighted assets | 4,446,739,000 | 4,324,713,000 | 4,439,235,000 | 4,657,004,000 |