Call reports 2024
BANK OF LAKE VILLAGE — 2024
What BANK OF LAKE VILLAGE 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 | 89,558,000 | 84,183,000 | 91,735,000 | 84,046,000 |
| Total loans | 49,090,000 | 57,694,000 | 63,258,000 | 44,619,000 |
| Allowance for loan losses | 2,019,000 | 2,019,000 | 2,042,000 | 2,543,000 |
| Securities available for sale | 20,299,000 | 20,189,000 | 20,695,000 | 20,103,000 |
| Securities held to maturity | 545,000 | 474,000 | 477,000 | 297,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,645,000 | 69,964,000 | 68,895,000 | 72,453,000 |
| Interest-bearing deposits | 48,891,000 | 46,835,000 | 45,146,000 | 48,727,000 |
| Noninterest-bearing deposits | 26,754,000 | 23,129,000 | 23,749,000 | 23,726,000 |
| Equity capital | 10,526,000 | 10,753,000 | 11,531,000 | 11,248,000 |
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 | 1,360,000 | 2,789,000 | 4,317,000 | 5,723,000 |
| Interest expense | 294,000 | 660,000 | 1,065,000 | 1,278,000 |
| Net interest income | 1,066,000 | 2,129,000 | 3,252,000 | 4,445,000 |
| Noninterest income | 46,000 | 89,000 | 136,000 | 187,000 |
| Noninterest expense | 484,000 | 1,071,000 | 1,606,000 | 3,107,000 |
| Provision for loan losses | 0 | 0 | 23,000 | 524,000 |
| Pretax income | 628,000 | 1,147,000 | 1,759,000 | 1,001,000 |
| Income tax | 172,000 | 313,000 | 485,000 | -484,000 |
| Net income | 456,000 | 834,000 | 1,274,000 | 1,485,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,401,000 | 12,580,000 | 12,839,000 | 12,868,000 |
| Total capital | 13,232,000 | 13,434,000 | 13,699,000 | 13,558,000 |
| Risk-weighted assets | 65,290,000 | 67,163,000 | 67,638,000 | 53,370,000 |