Call reports 2024
LAKE CENTRAL BANK — 2024
What LAKE CENTRAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 216,854,000 | 272,170,000 | 278,442,000 | 276,956,000 |
| Total loans | 111,215,000 | 153,600,000 | 159,555,000 | 163,433,000 |
| Allowance for loan losses | 1,534,000 | 1,740,000 | 1,814,000 | 2,154,000 |
| Securities available for sale | 96,737,000 | 102,005,000 | 102,137,000 | 97,271,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,983,000 | 238,388,000 | 243,042,000 | 245,289,000 |
| Interest-bearing deposits | 152,854,000 | 192,626,000 | 194,921,000 | 196,311,000 |
| Noninterest-bearing deposits | 39,129,000 | 45,762,000 | 48,121,000 | 48,978,000 |
| Equity capital | 13,373,000 | 23,124,000 | 26,735,000 | 24,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,355,000 | 6,141,000 | 9,390,000 | 12,817,000 |
| Interest expense | 711,000 | 1,638,000 | 2,573,000 | 3,382,000 |
| Net interest income | 1,644,000 | 4,503,000 | 6,817,000 | 9,435,000 |
| Noninterest income | 384,000 | 893,000 | 1,463,000 | 2,153,000 |
| Noninterest expense | 1,322,000 | 3,198,000 | 4,796,000 | 6,492,000 |
| Provision for loan losses | 0 | 106,000 | 180,000 | 570,000 |
| Pretax income | 706,000 | 2,024,000 | 3,238,000 | 4,455,000 |
| Income tax | 36,000 | 110,000 | 169,000 | 227,000 |
| Net income | 670,000 | 1,914,000 | 3,069,000 | 4,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,748,000 | 27,548,000 | 28,618,000 | 29,193,000 |
| Total capital | 22,282,000 | 29,288,000 | 30,432,000 | — |
| Risk-weighted assets | 149,359,000 | 200,073,000 | 206,060,000 | — |