Call reports 2020
LAKE CENTRAL BANK — 2020
What LAKE CENTRAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 157,746,000 | 180,072,000 | 192,446,000 | 197,992,000 |
| Total loans | 84,870,000 | 95,425,000 | 94,900,000 | 90,404,000 |
| Allowance for loan losses | 1,373,000 | 1,374,000 | 1,373,000 | 1,374,000 |
| Securities available for sale | 61,923,000 | 64,205,000 | 64,611,000 | 76,675,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,953,000 | 152,997,000 | 165,197,000 | 171,594,000 |
| Interest-bearing deposits | 103,635,000 | 114,806,000 | 121,075,000 | 126,011,000 |
| Noninterest-bearing deposits | 31,318,000 | 38,191,000 | 44,122,000 | 45,583,000 |
| Equity capital | 21,815,000 | 25,385,000 | 24,715,000 | 25,403,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,384,000 | 3,998,000 | 5,690,000 | 7,444,000 |
| Interest expense | 102,000 | 191,000 | 281,000 | 369,000 |
| Net interest income | 2,282,000 | 3,807,000 | 5,409,000 | 7,075,000 |
| Noninterest income | 377,000 | 839,000 | 1,177,000 | 1,466,000 |
| Noninterest expense | 1,151,000 | 2,276,000 | 3,397,000 | 4,546,000 |
| Provision for loan losses | 250,000 | 250,000 | 250,000 | 250,000 |
| Pretax income | 1,719,000 | 2,581,000 | 3,400,000 | 4,206,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,719,000 | 2,581,000 | 3,400,000 | 4,206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,033,000 | 22,680,000 | 21,709,000 | 22,303,000 |
| Total capital | 23,406,000 | 24,054,000 | 23,082,000 | 23,677,000 |
| Risk-weighted assets | 124,479,000 | 134,509,000 | 139,796,000 | 135,486,000 |