Call reports 2008
LAKE ELMO BANK — 2008
What LAKE ELMO 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 | 266,911,000 | 265,990,000 | 267,592,000 | 264,820,000 |
| Total loans | 187,336,000 | 188,638,000 | 193,860,000 | 191,928,000 |
| Allowance for loan losses | 2,711,000 | 2,931,000 | 2,579,000 | 2,671,000 |
| Securities available for sale | 49,858,000 | 51,700,000 | 50,373,000 | 48,694,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,980,000 | 236,785,000 | 231,732,000 | 229,043,000 |
| Interest-bearing deposits | 200,333,000 | 200,675,000 | 193,381,000 | 192,613,000 |
| Noninterest-bearing deposits | 36,647,000 | 36,110,000 | 38,351,000 | 36,430,000 |
| Equity capital | 26,031,000 | 25,753,000 | 26,413,000 | 25,333,000 |
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 | 3,986,000 | 7,762,000 | 11,576,000 | 15,190,000 |
| Interest expense | 1,653,000 | 2,993,000 | 4,249,000 | 5,408,000 |
| Net interest income | 2,333,000 | 4,769,000 | 7,327,000 | 9,782,000 |
| Noninterest income | 536,000 | 1,144,000 | 1,748,000 | 2,268,000 |
| Noninterest expense | 2,218,000 | 4,361,000 | 6,478,000 | 8,672,000 |
| Provision for loan losses | 309,000 | 524,000 | 644,000 | 2,464,000 |
| Pretax income | 342,000 | 1,028,000 | 1,953,000 | 914,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 342,000 | 1,028,000 | 1,953,000 | 914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,291,000 | 25,914,000 | 26,227,000 | 24,876,000 |
| Total capital | 27,893,000 | 28,522,000 | 28,806,000 | 27,474,000 |
| Risk-weighted assets | 208,078,000 | 208,297,000 | 211,719,000 | 207,791,000 |