Call reports 2020
BANK OF LAKE VILLAGE — 2020
What BANK OF LAKE VILLAGE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 63,404,000 | 71,039,000 | 72,527,000 | 71,130,000 |
| Total loans | 31,371,000 | 46,355,000 | 50,763,000 | 34,308,000 |
| Allowance for loan losses | 899,000 | 883,000 | 926,000 | 941,000 |
| Securities available for sale | 16,404,000 | 14,802,000 | 13,795,000 | 20,948,000 |
| Securities held to maturity | 1,121,000 | 1,062,000 | 1,062,000 | 987,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,914,000 | 57,897,000 | 59,835,000 | 61,879,000 |
| Interest-bearing deposits | 36,981,000 | 39,076,000 | 40,460,000 | 39,812,000 |
| Noninterest-bearing deposits | 17,933,000 | 18,821,000 | 19,375,000 | 22,067,000 |
| Equity capital | 8,321,000 | 8,777,000 | 8,830,000 | 8,981,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 653,000 | 1,597,000 | 2,444,000 | 3,140,000 |
| Interest expense | 75,000 | 145,000 | 220,000 | 283,000 |
| Net interest income | 578,000 | 1,452,000 | 2,224,000 | 2,857,000 |
| Noninterest income | 44,000 | 98,000 | 138,000 | 408,000 |
| Noninterest expense | 454,000 | 939,000 | 1,434,000 | 2,097,000 |
| Provision for loan losses | 0 | 44,000 | 87,000 | 102,000 |
| Pretax income | 304,000 | 703,000 | 977,000 | 1,202,000 |
| Income tax | 64,000 | 146,000 | 278,000 | 303,000 |
| Net income | 240,000 | 557,000 | 699,000 | 899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,281,000 | 8,527,000 | 8,600,000 | 8,730,000 |
| Total capital | 8,748,000 | 9,037,000 | 9,126,000 | 9,230,000 |
| Risk-weighted assets | 36,939,000 | 40,366,000 | 41,698,000 | 39,581,000 |