Call reports 2016
LAKE CITY FEDERAL BANK — 2016
What LAKE CITY FEDERAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 68,798,000 | 72,137,000 | 70,844,000 | 71,922,000 |
| Total loans | 51,431,000 | 52,798,000 | 53,412,000 | 54,173,000 |
| Allowance for loan losses | 1,160,000 | 1,169,000 | 1,162,000 | 1,143,000 |
| Securities available for sale | 9,181,000 | 8,837,000 | 8,437,000 | 8,103,000 |
| Securities held to maturity | 267,000 | 265,000 | 263,000 | 261,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,269,000 | 58,430,000 | 58,157,000 | 59,355,000 |
| Interest-bearing deposits | 42,690,000 | 44,744,000 | 43,775,000 | 44,653,000 |
| Noninterest-bearing deposits | 12,579,000 | 13,686,000 | 14,382,000 | 14,702,000 |
| Equity capital | 7,586,000 | 7,755,000 | 7,798,000 | 7,686,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 613,000 | 1,339,000 | 1,985,000 | 2,582,000 |
| Interest expense | 113,000 | 235,000 | 361,000 | 476,000 |
| Net interest income | 500,000 | 1,104,000 | 1,624,000 | 2,106,000 |
| Noninterest income | 52,000 | 107,000 | 127,000 | 180,000 |
| Noninterest expense | 534,000 | 992,000 | 1,434,000 | 1,920,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 18,000 | 219,000 | 332,000 | 384,000 |
| Income tax | 5,000 | 80,000 | 120,000 | 136,000 |
| Net income | 13,000 | 139,000 | 212,000 | 248,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,587,000 | 7,666,000 | 7,738,000 | 7,820,000 |
| Total capital | 8,157,000 | 8,243,000 | 8,314,000 | 8,411,000 |
| Risk-weighted assets | 45,048,000 | 45,585,000 | 45,533,000 | 46,728,000 |