Call reports 2003
BANK OF LAKE VILLAGE — 2003
What BANK OF LAKE VILLAGE 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 | 68,850,000 | 72,105,000 | 73,438,000 | 65,671,000 |
| Total loans | 49,139,000 | 56,250,000 | 58,059,000 | 50,487,000 |
| Allowance for loan losses | 1,180,000 | 1,317,000 | 2,632,000 | 2,589,000 |
| Securities available for sale | 10,695,000 | 10,167,000 | 10,225,000 | 10,202,000 |
| Securities held to maturity | 1,035,000 | 980,000 | 978,000 | 878,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,023,000 | 57,492,000 | 58,632,000 | 54,928,000 |
| Interest-bearing deposits | 49,316,000 | 49,886,000 | 50,858,000 | 46,884,000 |
| Noninterest-bearing deposits | 7,707,000 | 7,606,000 | 7,774,000 | 8,044,000 |
| Equity capital | 8,032,000 | 7,812,000 | 6,332,000 | 7,050,000 |
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 | 1,074,000 | 2,086,000 | 3,187,000 | 4,296,000 |
| Interest expense | 336,000 | 652,000 | 970,000 | 1,246,000 |
| Net interest income | 738,000 | 1,434,000 | 2,217,000 | 3,050,000 |
| Noninterest income | 100,000 | 308,000 | 423,000 | 374,000 |
| Noninterest expense | 528,000 | 1,064,000 | 1,641,000 | 2,199,000 |
| Provision for loan losses | 166,000 | 595,000 | 2,060,000 | 2,236,000 |
| Pretax income | 141,000 | 32,000 | -1,113,000 | -1,060,000 |
| Income tax | 102,000 | 78,000 | 290,000 | -391,000 |
| Net income | 39,000 | -46,000 | -1,403,000 | -669,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,937,000 | 7,744,000 | 6,279,000 | 6,799,000 |
| Total capital | 8,634,000 | 8,493,000 | 7,054,000 | 7,492,000 |
| Risk-weighted assets | 55,299,000 | 59,377,000 | 59,911,000 | 53,507,000 |