Call reports 2021
LAKE ELMO BANK — 2021
What LAKE ELMO BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 499,127,000 | 511,313,000 | 527,621,000 | 541,594,000 |
| Total loans | 289,459,000 | 292,558,000 | 297,584,000 | 306,027,000 |
| Allowance for loan losses | 5,002,000 | 5,149,000 | 5,166,000 | 4,659,000 |
| Securities available for sale | 51,988,000 | 56,146,000 | 60,051,000 | 62,220,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 446,092,000 | 458,858,000 | 472,189,000 | 487,826,000 |
| Interest-bearing deposits | 331,561,000 | 342,601,000 | 353,000,000 | 365,292,000 |
| Noninterest-bearing deposits | 114,531,000 | 116,257,000 | 119,189,000 | 122,534,000 |
| Equity capital | 43,608,000 | 43,648,000 | 44,497,000 | 44,496,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,849,000 | 7,539,000 | 11,448,000 | 15,521,000 |
| Interest expense | 189,000 | 375,000 | 543,000 | 694,000 |
| Net interest income | 3,660,000 | 7,164,000 | 10,905,000 | 14,827,000 |
| Noninterest income | 1,239,000 | 2,168,000 | 3,032,000 | 3,989,000 |
| Noninterest expense | 2,787,000 | 5,557,000 | 8,463,000 | 11,591,000 |
| Provision for loan losses | 150,000 | 250,000 | 250,000 | -250,000 |
| Pretax income | 1,962,000 | 3,525,000 | 5,224,000 | 7,475,000 |
| Income tax | 4,000 | 4,000 | 4,000 | 602,000 |
| Net income | 1,958,000 | 3,521,000 | 5,220,000 | 6,873,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,411,000 | 42,475,000 | 43,455,000 | 43,929,000 |
| Total capital | 45,453,000 | 45,560,000 | 46,678,000 | 47,411,000 |
| Risk-weighted assets | 241,369,000 | 244,756,000 | 255,912,000 | 277,378,000 |