Call reports 2008
LAKESTONE BANK & TRUST — 2008
What LAKESTONE BANK & TRUST reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 261,230,000 | 259,039,000 | 251,356,000 | 256,139,000 |
| Total loans | 181,944,000 | 182,364,000 | 178,746,000 | 169,809,000 |
| Allowance for loan losses | 2,743,000 | 1,196,000 | 5,082,000 | 2,463,000 |
| Securities available for sale | 38,372,000 | 38,412,000 | 33,304,000 | 49,364,000 |
| Securities held to maturity | 21,703,000 | 17,101,000 | 17,096,000 | 16,535,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,557,000 | 227,822,000 | 223,142,000 | 228,150,000 |
| Interest-bearing deposits | 193,663,000 | 189,339,000 | 185,861,000 | 194,389,000 |
| Noninterest-bearing deposits | 35,894,000 | 38,483,000 | 37,281,000 | 33,761,000 |
| Equity capital | 30,361,000 | 29,918,000 | 26,654,000 | 26,442,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,664,000 | 7,150,000 | 10,626,000 | 13,766,000 |
| Interest expense | 1,154,000 | 2,114,000 | 3,031,000 | 3,886,000 |
| Net interest income | 2,510,000 | 5,036,000 | 7,595,000 | 9,880,000 |
| Noninterest income | 838,000 | 1,694,000 | 2,684,000 | 3,474,000 |
| Noninterest expense | 2,114,000 | 4,201,000 | 6,373,000 | 8,471,000 |
| Provision for loan losses | 900,000 | 2,100,000 | 6,250,000 | 7,950,000 |
| Pretax income | 334,000 | 457,000 | -5,168,000 | -5,872,000 |
| Income tax | 0 | 0 | -2,084,000 | -2,479,000 |
| Net income | 334,000 | 457,000 | -3,084,000 | -3,393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,009,000 | 29,807,000 | 26,104,000 | 25,687,000 |
| Total capital | 32,819,000 | 31,594,000 | 28,755,000 | 28,131,000 |
| Risk-weighted assets | 184,054,000 | 184,805,000 | 177,445,000 | 175,526,000 |