Call reports 2014
LAKESTONE BANK & TRUST — 2014
What LAKESTONE BANK & TRUST reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 320,552,000 | 321,309,000 | 317,141,000 | 321,276,000 |
| Total loans | 157,651,000 | 157,878,000 | 156,711,000 | 171,371,000 |
| Allowance for loan losses | 4,008,000 | 3,940,000 | 3,395,000 | 2,721,000 |
| Securities available for sale | 115,326,000 | 115,428,000 | 111,333,000 | 125,842,000 |
| Securities held to maturity | 23,824,000 | 24,078,000 | 24,181,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 285,477,000 | 285,267,000 | 283,163,000 | 277,110,000 |
| Interest-bearing deposits | 238,096,000 | 237,873,000 | 233,511,000 | 226,268,000 |
| Noninterest-bearing deposits | 47,381,000 | 47,394,000 | 49,652,000 | 50,842,000 |
| Equity capital | 29,243,000 | 31,398,000 | 32,173,000 | 34,403,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,928,000 | 5,856,000 | 8,757,000 | 11,631,000 |
| Interest expense | 181,000 | 363,000 | 535,000 | 694,000 |
| Net interest income | 2,747,000 | 5,493,000 | 8,222,000 | 10,937,000 |
| Noninterest income | 897,000 | 1,847,000 | 2,706,000 | 3,500,000 |
| Noninterest expense | 2,548,000 | 5,093,000 | 7,621,000 | 9,723,000 |
| Provision for loan losses | 0 | 0 | 0 | -650,000 |
| Pretax income | 1,012,000 | 2,165,000 | 3,184,000 | 5,171,000 |
| Income tax | 259,000 | 554,000 | 839,000 | 1,482,000 |
| Net income | 753,000 | 1,611,000 | 2,345,000 | 3,689,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,362,000 | 34,038,000 | 34,513,000 | 35,229,000 |
| Total capital | 35,597,000 | 36,246,000 | 36,673,000 | 37,530,000 |
| Risk-weighted assets | 177,063,000 | 174,931,000 | 171,491,000 | 183,659,000 |