Call reports 2014
LAKE CITY FEDERAL BANK — 2014
What LAKE CITY FEDERAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 69,907,000 | 69,640,000 | 67,642,000 | 67,420,000 |
| Total loans | 52,316,000 | 50,825,000 | 50,821,000 | 50,447,000 |
| Allowance for loan losses | 1,289,000 | 1,186,000 | 1,184,000 | 1,210,000 |
| Securities available for sale | 8,751,000 | 7,344,000 | 6,950,000 | 7,452,000 |
| Securities held to maturity | 1,716,000 | 1,712,000 | 1,709,000 | 1,596,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,126,000 | 53,688,000 | 52,209,000 | 51,942,000 |
| Interest-bearing deposits | 40,974,000 | 41,007,000 | 40,341,000 | 38,784,000 |
| Noninterest-bearing deposits | 12,152,000 | 12,681,000 | 11,868,000 | 13,158,000 |
| Equity capital | 7,283,000 | 7,434,000 | 7,419,000 | 7,504,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 705,000 | 1,488,000 | 2,134,000 | 2,802,000 |
| Interest expense | 176,000 | 350,000 | 504,000 | 650,000 |
| Net interest income | 529,000 | 1,138,000 | 1,630,000 | 2,152,000 |
| Noninterest income | 52,000 | 84,000 | 141,000 | 229,000 |
| Noninterest expense | 522,000 | 1,049,000 | 1,577,000 | 2,090,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 59,000 | 173,000 | 194,000 | 291,000 |
| Income tax | 22,000 | 66,000 | 73,000 | 111,000 |
| Net income | 37,000 | 107,000 | 121,000 | 180,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,187,000 | 7,257,000 | 7,271,000 | 7,331,000 |
| Total capital | 7,778,000 | 7,833,000 | 7,851,000 | 7,897,000 |
| Risk-weighted assets | 46,574,000 | 45,467,000 | 45,771,000 | 44,642,000 |