Call reports 2003
LAKESTONE BANK & TRUST — 2003
What LAKESTONE BANK & TRUST reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 244,398,000 | 245,381,000 | 247,084,000 | 248,266,000 |
| Total loans | 155,821,000 | 154,106,000 | 150,520,000 | 161,714,000 |
| Allowance for loan losses | 2,172,000 | 2,161,000 | 2,160,000 | 2,136,000 |
| Securities available for sale | 32,653,000 | 36,587,000 | 39,447,000 | 42,590,000 |
| Securities held to maturity | 23,827,000 | 24,437,000 | 23,932,000 | 23,167,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,923,000 | 211,963,000 | 213,632,000 | 214,974,000 |
| Interest-bearing deposits | 173,187,000 | 172,164,000 | 172,308,000 | 175,508,000 |
| Noninterest-bearing deposits | 38,736,000 | 39,799,000 | 41,324,000 | 39,466,000 |
| Equity capital | 30,130,000 | 31,025,000 | 31,320,000 | 31,341,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,307,000 | 6,556,000 | 9,619,000 | 12,696,000 |
| Interest expense | 755,000 | 1,483,000 | 2,143,000 | 2,773,000 |
| Net interest income | 2,552,000 | 5,073,000 | 7,476,000 | 9,923,000 |
| Noninterest income | 659,000 | 1,350,000 | 2,105,000 | 2,785,000 |
| Noninterest expense | 1,942,000 | 3,914,000 | 5,941,000 | 7,909,000 |
| Provision for loan losses | 15,000 | 30,000 | 35,000 | 35,000 |
| Pretax income | 1,254,000 | 2,479,000 | 3,605,000 | 4,792,000 |
| Income tax | 300,000 | 590,000 | 847,000 | 1,129,000 |
| Net income | 954,000 | 1,889,000 | 2,758,000 | 3,663,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,807,000 | 28,457,000 | 29,041,000 | 29,174,000 |
| Total capital | 30,999,000 | 31,704,000 | 32,300,000 | 32,525,000 |
| Risk-weighted assets | 159,508,000 | 157,453,000 | 158,444,000 | 167,219,000 |