Call reports 2020
LAKE ELMO BANK — 2020
What LAKE ELMO 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 | 386,974,000 | 444,533,000 | 454,127,000 | 490,920,000 |
| Total loans | 282,715,000 | 307,595,000 | 309,610,000 | 303,018,000 |
| Allowance for loan losses | 4,019,000 | 4,312,000 | 4,671,000 | 4,827,000 |
| Securities available for sale | 53,917,000 | 53,151,000 | 50,845,000 | 50,073,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 338,709,000 | 391,302,000 | 400,716,000 | 436,713,000 |
| Interest-bearing deposits | 260,897,000 | 289,583,000 | 298,386,000 | 304,323,000 |
| Noninterest-bearing deposits | 77,812,000 | 101,719,000 | 102,330,000 | 132,390,000 |
| Equity capital | 40,300,000 | 41,135,000 | 41,976,000 | 41,967,000 |
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 | 3,765,000 | 7,534,000 | 11,362,000 | 15,407,000 |
| Interest expense | 246,000 | 465,000 | 683,000 | 895,000 |
| Net interest income | 3,519,000 | 7,069,000 | 10,679,000 | 14,512,000 |
| Noninterest income | 790,000 | 1,535,000 | 2,362,000 | 3,312,000 |
| Noninterest expense | 2,597,000 | 5,256,000 | 8,139,000 | 11,008,000 |
| Provision for loan losses | 88,000 | 402,000 | 582,000 | 732,000 |
| Pretax income | 1,624,000 | 2,946,000 | 4,319,000 | 6,084,000 |
| Income tax | 4,000 | 4,000 | 4,000 | 4,000 |
| Net income | 1,620,000 | 2,942,000 | 4,315,000 | 6,080,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,406,000 | 39,502,000 | 40,348,000 | 40,453,000 |
| Total capital | 42,736,000 | 42,714,000 | 43,527,000 | 43,586,000 |
| Risk-weighted assets | 265,736,000 | 255,884,000 | 252,856,000 | 248,921,000 |