Call reports 2022
LAKE ELMO BANK — 2022
What LAKE ELMO BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 532,386,000 | 538,733,000 | 548,965,000 | 530,050,000 |
| Total loans | 314,535,000 | 336,971,000 | 359,179,000 | 368,622,000 |
| Allowance for loan losses | 4,664,000 | 4,668,000 | 4,699,000 | 4,697,000 |
| Securities available for sale | 53,559,000 | 75,415,000 | 72,330,000 | 71,773,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 479,466,000 | 485,867,000 | 495,178,000 | 477,291,000 |
| Interest-bearing deposits | 358,656,000 | 354,603,000 | 362,956,000 | 350,420,000 |
| Noninterest-bearing deposits | 120,810,000 | 131,264,000 | 132,222,000 | 126,871,000 |
| Equity capital | 43,191,000 | 42,277,000 | 41,343,000 | 41,406,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,698,000 | 7,948,000 | 12,856,000 | 18,362,000 |
| Interest expense | 135,000 | 260,000 | 428,000 | 674,000 |
| Net interest income | 3,563,000 | 7,688,000 | 12,428,000 | 17,688,000 |
| Noninterest income | 878,000 | 1,534,000 | 2,234,000 | 2,795,000 |
| Noninterest expense | 3,090,000 | 6,077,000 | 9,219,000 | 12,791,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,351,000 | 3,145,000 | 5,443,000 | 7,692,000 |
| Income tax | 133,000 | 310,000 | 536,000 | 603,000 |
| Net income | 1,218,000 | 2,835,000 | 4,907,000 | 7,089,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,147,000 | 45,919,000 | 47,264,000 | 46,699,000 |
| Total capital | 48,749,000 | 49,773,000 | 51,316,000 | 50,846,000 |
| Risk-weighted assets | 287,130,000 | 307,476,000 | 323,520,000 | 331,255,000 |