Call reports 2023
LAKE CENTRAL BANK — 2023
What LAKE CENTRAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 203,296,000 | 208,554,000 | 217,058,000 | 218,079,000 |
| Total loans | 104,254,000 | 109,658,000 | 117,094,000 | 111,815,000 |
| Allowance for loan losses | 1,648,000 | 1,476,000 | 1,551,000 | 1,551,000 |
| Securities available for sale | 89,773,000 | 87,217,000 | 88,502,000 | 95,860,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,817,000 | 190,572,000 | 205,474,000 | 195,314,000 |
| Interest-bearing deposits | 141,224,000 | 147,116,000 | 161,674,000 | 150,536,000 |
| Noninterest-bearing deposits | 43,593,000 | 43,456,000 | 43,800,000 | 44,778,000 |
| Equity capital | 17,116,000 | 16,844,000 | 10,481,000 | 13,687,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,806,000 | 3,746,000 | 5,835,000 | 8,162,000 |
| Interest expense | 263,000 | 630,000 | 1,151,000 | 1,766,000 |
| Net interest income | 1,543,000 | 3,116,000 | 4,684,000 | 6,396,000 |
| Noninterest income | 373,000 | 966,000 | 1,384,000 | 1,881,000 |
| Noninterest expense | 1,242,000 | 2,491,000 | 3,772,000 | 5,052,000 |
| Provision for loan losses | 0 | 350,000 | 426,000 | 426,000 |
| Pretax income | 678,000 | 1,245,000 | 1,874,000 | 2,803,000 |
| Income tax | 31,000 | 79,000 | 127,000 | 175,000 |
| Net income | 647,000 | 1,166,000 | 1,747,000 | 2,628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,704,000 | 25,225,000 | 20,759,000 | 20,392,000 |
| Total capital | 26,352,000 | 26,701,000 | 22,310,000 | 21,943,000 |
| Risk-weighted assets | 143,859,000 | 146,622,000 | 152,959,000 | 151,440,000 |