Call reports 2023
LAKE ELMO BANK — 2023
What LAKE ELMO BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 531,271,000 | 511,361,000 | 496,680,000 | 501,653,000 |
| Total loans | 372,172,000 | 378,076,000 | 383,208,000 | 382,747,000 |
| Allowance for loan losses | 4,923,000 | 5,067,000 | 5,215,000 | 5,106,000 |
| Securities available for sale | 68,851,000 | 67,307,000 | 65,988,000 | 66,678,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 474,490,000 | 455,187,000 | 441,377,000 | 446,188,000 |
| Interest-bearing deposits | 346,532,000 | 330,758,000 | 321,510,000 | 327,358,000 |
| Noninterest-bearing deposits | 127,958,000 | 124,429,000 | 119,867,000 | 118,830,000 |
| Equity capital | 44,646,000 | 44,498,000 | 45,972,000 | 47,638,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,459,000 | 11,097,000 | 16,847,000 | 22,585,000 |
| Interest expense | 402,000 | 882,000 | 1,472,000 | 2,241,000 |
| Net interest income | 5,057,000 | 10,215,000 | 15,375,000 | 20,344,000 |
| Noninterest income | 638,000 | 1,253,000 | 2,447,000 | 3,062,000 |
| Noninterest expense | 3,060,000 | 6,070,000 | 9,116,000 | 12,073,000 |
| Provision for loan losses | 213,000 | 436,000 | 641,000 | 632,000 |
| Pretax income | 2,422,000 | 4,962,000 | 8,065,000 | 10,542,000 |
| Income tax | 198,000 | 406,000 | 612,000 | 825,000 |
| Net income | 2,224,000 | 4,556,000 | 7,453,000 | 9,717,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,923,000 | 49,705,000 | 51,821,000 | 51,553,000 |
| Total capital | 53,069,000 | 53,890,000 | 56,055,000 | 55,808,000 |
| Risk-weighted assets | 330,937,000 | 333,897,000 | 337,739,000 | 339,365,000 |