Call reports 2003
LAKE CENTRAL BANK — 2003
What LAKE CENTRAL BANK 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 | 96,005,000 | 102,404,000 | 105,809,000 | 106,646,000 |
| Total loans | 61,796,000 | 68,908,000 | 69,233,000 | 72,091,000 |
| Allowance for loan losses | 755,000 | 774,000 | 814,000 | 905,000 |
| Securities available for sale | 13,729,000 | 13,548,000 | 13,309,000 | 13,213,000 |
| Securities held to maturity | 15,418,000 | 14,867,000 | 15,080,000 | 14,156,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,799,000 | 88,594,000 | 92,660,000 | 93,944,000 |
| Interest-bearing deposits | 72,338,000 | 76,029,000 | 78,250,000 | 77,411,000 |
| Noninterest-bearing deposits | 12,461,000 | 12,565,000 | 14,410,000 | 16,533,000 |
| Equity capital | 10,519,000 | 10,947,000 | 11,161,000 | 10,759,000 |
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 | 1,470,000 | 3,003,000 | 4,573,000 | 6,079,000 |
| Interest expense | 374,000 | 739,000 | 1,103,000 | 1,450,000 |
| Net interest income | 1,096,000 | 2,264,000 | 3,470,000 | 4,629,000 |
| Noninterest income | 142,000 | 295,000 | 456,000 | 610,000 |
| Noninterest expense | 697,000 | 1,423,000 | 2,142,000 | 2,874,000 |
| Provision for loan losses | 30,000 | 60,000 | 120,000 | 320,000 |
| Pretax income | 511,000 | 1,076,000 | 1,664,000 | 2,045,000 |
| Income tax | 1,000 | 3,000 | 4,000 | 5,000 |
| Net income | 510,000 | 1,073,000 | 1,660,000 | 2,040,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,232,000 | 10,565,000 | 10,902,000 | 10,539,000 |
| Total capital | 10,987,000 | 11,339,000 | 11,716,000 | 11,403,000 |
| Risk-weighted assets | 61,880,000 | 67,194,000 | 67,761,000 | 69,103,000 |