Call reports 2016
BANK OF LAKE VILLAGE — 2016
What BANK OF LAKE VILLAGE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 63,457,000 | 63,659,000 | 65,278,000 | 64,301,000 |
| Total loans | 27,219,000 | 34,580,000 | 39,042,000 | 26,676,000 |
| Allowance for loan losses | 589,000 | 659,000 | 654,000 | 505,000 |
| Securities available for sale | 21,691,000 | 22,597,000 | 19,349,000 | 21,323,000 |
| Securities held to maturity | 1,455,000 | 1,402,000 | 1,402,000 | 1,354,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,209,000 | 54,489,000 | 55,607,000 | 57,305,000 |
| Interest-bearing deposits | 40,718,000 | 40,401,000 | 40,675,000 | 40,197,000 |
| Noninterest-bearing deposits | 15,491,000 | 14,088,000 | 14,932,000 | 17,108,000 |
| Equity capital | 7,073,000 | 7,062,000 | 7,068,000 | 6,889,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 523,000 | 1,124,000 | 1,804,000 | 2,380,000 |
| Interest expense | 33,000 | 67,000 | 106,000 | 141,000 |
| Net interest income | 490,000 | 1,057,000 | 1,698,000 | 2,239,000 |
| Noninterest income | 310,000 | 348,000 | 386,000 | 422,000 |
| Noninterest expense | 511,000 | 1,026,000 | 1,532,000 | 2,073,000 |
| Provision for loan losses | 0 | 70,000 | 70,000 | 94,000 |
| Pretax income | 300,000 | 327,000 | 549,000 | 561,000 |
| Income tax | 92,000 | 123,000 | 193,000 | 134,000 |
| Net income | 208,000 | 204,000 | 356,000 | 427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,011,000 | 6,938,000 | 7,019,000 | 7,020,000 |
| Total capital | 7,400,000 | 7,351,000 | 7,458,000 | 7,400,000 |
| Risk-weighted assets | 30,930,000 | 32,805,000 | 34,918,000 | 30,323,000 |