Call reports 2021
FIRST BANK OF THE LAKE — 2021
What FIRST BANK OF THE LAKE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,096,782,000 | 964,578,000 | 794,797,000 | 654,950,000 |
| Total loans | 1,004,442,000 | 896,518,000 | 747,615,000 | 615,528,000 |
| Allowance for loan losses | 2,685,000 | 3,209,000 | 3,062,000 | 3,137,000 |
| Securities available for sale | 16,441,000 | 16,348,000 | 16,261,000 | 16,119,000 |
| Securities held to maturity | 1,279,000 | 1,294,000 | 1,309,000 | 1,323,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,783,000 | 222,749,000 | 226,870,000 | 266,887,000 |
| Interest-bearing deposits | 169,407,000 | 203,351,000 | 211,693,000 | 251,679,000 |
| Noninterest-bearing deposits | 19,376,000 | 19,398,000 | 15,177,000 | 15,208,000 |
| Equity capital | 25,781,000 | 28,460,000 | 32,654,000 | 36,742,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 9,289,000 | 18,845,000 | 27,909,000 | 36,838,000 |
| Interest expense | 1,133,000 | 2,342,000 | 3,425,000 | 4,338,000 |
| Net interest income | 8,156,000 | 16,503,000 | 24,484,000 | 32,500,000 |
| Noninterest income | 589,000 | 3,042,000 | 3,360,000 | 3,391,000 |
| Noninterest expense | 3,309,000 | 7,007,000 | 11,115,000 | 14,977,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 1,200,000 | 1,200,000 |
| Pretax income | 4,836,000 | 11,338,000 | 15,529,000 | 19,714,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,836,000 | 11,338,000 | 15,529,000 | 19,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,200,000 | 25,554,000 | 29,904,000 | 34,342,000 |
| Total capital | 24,303,000 | 26,698,000 | 31,460,000 | 36,212,000 |
| Risk-weighted assets | 86,707,000 | 89,299,000 | 123,001,000 | 148,305,000 |