Call reports 2024
FIRST BANK OF THE LAKE — 2024
What FIRST BANK OF THE LAKE 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 | 1,165,328,000 | 1,333,075,000 | 1,463,331,000 | 1,572,595,000 |
| Total loans | 1,084,292,000 | 1,252,973,000 | 1,408,951,000 | 1,507,531,000 |
| Allowance for loan losses | 3,610,000 | 4,383,000 | 6,415,000 | 7,935,000 |
| Securities available for sale | 25,771,000 | 43,532,000 | 4,177,000 | 5,004,000 |
| Securities held to maturity | 1,447,000 | 1,460,000 | 1,473,000 | 1,484,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 914,054,000 | 1,150,119,000 | 1,177,100,000 | 1,400,717,000 |
| Interest-bearing deposits | 893,042,000 | 1,133,696,000 | 1,157,616,000 | 1,380,940,000 |
| Noninterest-bearing deposits | 21,012,000 | 16,423,000 | 19,484,000 | 19,777,000 |
| Equity capital | 90,773,000 | 101,997,000 | 103,325,000 | 112,737,000 |
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 | 22,634,000 | 48,463,000 | 76,870,000 | 106,621,000 |
| Interest expense | 10,902,000 | 24,285,000 | 39,727,000 | 55,645,000 |
| Net interest income | 11,732,000 | 24,178,000 | 37,143,000 | 50,976,000 |
| Noninterest income | 242,000 | 1,404,000 | 1,832,000 | 3,089,000 |
| Noninterest expense | 6,529,000 | 14,721,000 | 24,779,000 | 35,706,000 |
| Provision for loan losses | 1,115,000 | 3,065,000 | 5,184,000 | 6,689,000 |
| Pretax income | 4,350,000 | 7,789,000 | 9,024,000 | 11,682,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,350,000 | 7,789,000 | 9,024,000 | 11,682,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,160,000 | 100,342,000 | 101,649,000 | 110,740,000 |
| Total capital | 92,661,000 | 104,643,000 | 107,982,000 | 118,593,000 |
| Risk-weighted assets | 561,594,000 | 634,930,000 | 702,097,000 | 757,536,000 |