Call reports 2024
LAKE REGION BANK — 2024
What LAKE REGION 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 | 144,547,000 | 136,756,000 | 140,800,000 | 140,310,000 |
| Total loans | 53,451,000 | 55,142,000 | 58,107,000 | 62,036,000 |
| Allowance for loan losses | 666,000 | 677,000 | 697,000 | 709,000 |
| Securities available for sale | 71,443,000 | 70,437,000 | 70,986,000 | 67,351,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,491,000 | 126,110,000 | 124,753,000 | 128,146,000 |
| Interest-bearing deposits | 92,659,000 | 88,504,000 | 86,640,000 | 87,527,000 |
| Noninterest-bearing deposits | 40,832,000 | 37,606,000 | 38,113,000 | 40,619,000 |
| Equity capital | 10,167,000 | 9,747,000 | 12,154,000 | 11,061,000 |
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 | 1,638,000 | 3,244,000 | 4,912,000 | 6,599,000 |
| Interest expense | 172,000 | 361,000 | 552,000 | 777,000 |
| Net interest income | 1,466,000 | 2,883,000 | 4,360,000 | 5,822,000 |
| Noninterest income | 515,000 | 1,120,000 | 1,697,000 | 2,374,000 |
| Noninterest expense | 1,367,000 | 2,743,000 | 4,176,000 | 5,703,000 |
| Provision for loan losses | 19,000 | 23,000 | 40,000 | 43,000 |
| Pretax income | 594,000 | 1,222,000 | 1,834,000 | 2,090,000 |
| Income tax | 41,000 | 83,000 | 126,000 | 168,000 |
| Net income | 553,000 | 1,139,000 | 1,708,000 | 1,922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,710,000 | 16,296,000 | 16,865,000 | 16,579,000 |
| Total capital | 17,376,000 | 16,973,000 | 17,562,000 | 17,288,000 |
| Risk-weighted assets | 68,044,000 | 69,699,000 | 71,939,000 | 74,364,000 |