Call reports 2023
BANK OF LAKE VILLAGE — 2023
What BANK OF LAKE VILLAGE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 82,988,000 | 88,729,000 | 96,461,000 | 85,755,000 |
| Total loans | 41,934,000 | 61,082,000 | 64,575,000 | 48,954,000 |
| Allowance for loan losses | 1,733,000 | 1,741,000 | 1,855,000 | 2,019,000 |
| Securities available for sale | 21,380,000 | 20,868,000 | 20,302,000 | 20,706,000 |
| Securities held to maturity | 692,000 | 625,000 | 630,000 | 545,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,671,000 | 70,342,000 | 76,212,000 | 74,842,000 |
| Interest-bearing deposits | 44,167,000 | 42,667,000 | 47,030,000 | 46,247,000 |
| Noninterest-bearing deposits | 29,504,000 | 27,675,000 | 29,182,000 | 28,595,000 |
| Equity capital | 9,083,000 | 9,629,000 | 9,670,000 | 10,343,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,098,000 | 2,392,000 | 4,041,000 | 5,486,000 |
| Interest expense | 79,000 | 209,000 | 526,000 | 904,000 |
| Net interest income | 1,019,000 | 2,183,000 | 3,515,000 | 4,582,000 |
| Noninterest income | 50,000 | 96,000 | 141,000 | 177,000 |
| Noninterest expense | 467,000 | 1,039,000 | 1,571,000 | 2,611,000 |
| Provision for loan losses | 0 | 8,000 | 121,000 | 285,000 |
| Pretax income | 602,000 | 1,232,000 | 1,964,000 | 1,863,000 |
| Income tax | 164,000 | 337,000 | 569,000 | -23,000 |
| Net income | 438,000 | 895,000 | 1,395,000 | 1,886,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,959,000 | 11,717,000 | 12,036,000 | 12,128,000 |
| Total capital | 11,700,000 | 12,613,000 | 12,960,000 | 12,916,000 |
| Risk-weighted assets | 58,251,000 | 70,846,000 | 72,999,000 | 61,783,000 |