Call reports 2023
STATE BANK OF THE LAKES, NATIONAL ASSOCIATION — 2023
What STATE BANK OF THE LAKES, NATIONAL ASSOCIATION 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 | 1,880,960,000 | 1,967,603,000 | 1,967,106,000 | 1,945,853,000 |
| Total loans | 1,386,936,000 | 1,451,406,000 | 1,493,113,000 | 1,482,378,000 |
| Allowance for loan losses | 6,256,000 | 5,895,000 | 5,874,000 | 6,543,000 |
| Securities available for sale | 93,108,000 | 89,569,000 | 108,260,000 | 89,722,000 |
| Securities held to maturity | 171,974,000 | 170,194,000 | 168,449,000 | 165,563,000 |
| Trading assets | 2,424,000 | 2,541,000 | 3,209,000 | 2,375,000 |
| Total deposits | 1,574,444,000 | 1,660,610,000 | 1,652,507,000 | 1,613,736,000 |
| Interest-bearing deposits | 1,279,937,000 | 1,364,939,000 | 1,344,861,000 | 1,341,516,000 |
| Noninterest-bearing deposits | 294,507,000 | 295,671,000 | 307,646,000 | 272,220,000 |
| Equity capital | 212,799,000 | 218,259,000 | 223,106,000 | 234,909,000 |
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 | 20,376,000 | 44,276,000 | 70,704,000 | 97,442,000 |
| Interest expense | 5,575,000 | 13,821,000 | 23,770,000 | 34,316,000 |
| Net interest income | 14,801,000 | 30,455,000 | 46,934,000 | 63,126,000 |
| Noninterest income | 1,863,000 | 3,003,000 | 5,389,000 | 7,139,000 |
| Noninterest expense | 6,838,000 | 13,951,000 | 21,000,000 | 28,953,000 |
| Provision for loan losses | 404,000 | 209,000 | 507,000 | 1,755,000 |
| Pretax income | 9,911,000 | 19,915,000 | 31,385,000 | 39,866,000 |
| Income tax | 2,590,000 | 5,259,000 | 8,275,000 | 10,273,000 |
| Net income | 7,321,000 | 14,656,000 | 23,110,000 | 29,593,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 166,743,000 | 174,139,000 | 182,653,000 | 189,197,000 |
| Total capital | 174,322,000 | 181,190,000 | 189,706,000 | 197,243,000 |
| Risk-weighted assets | 1,545,188,000 | 1,600,244,000 | 1,662,694,000 | 1,652,180,000 |