Call reports 2019
LAKE CITY FEDERAL BANK — 2019
What LAKE CITY FEDERAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 69,640,000 | 69,336,000 | 69,267,000 | 71,178,000 |
| Total loans | 50,936,000 | 50,561,000 | 51,516,000 | 50,811,000 |
| Allowance for loan losses | 1,157,000 | 1,179,000 | 783,000 | 757,000 |
| Securities available for sale | 10,567,000 | 10,412,000 | 10,173,000 | 11,599,000 |
| Securities held to maturity | 136,000 | 136,000 | 135,000 | 134,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,738,000 | 58,699,000 | 58,724,000 | 60,540,000 |
| Interest-bearing deposits | 44,560,000 | 43,749,000 | 43,565,000 | 43,597,000 |
| Noninterest-bearing deposits | 14,178,000 | 14,950,000 | 15,159,000 | 16,943,000 |
| Equity capital | 8,480,000 | 8,742,000 | 9,198,000 | 9,306,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 677,000 | 1,360,000 | 2,040,000 | 2,749,000 |
| Interest expense | 97,000 | 200,000 | 305,000 | 411,000 |
| Net interest income | 580,000 | 1,160,000 | 1,735,000 | 2,338,000 |
| Noninterest income | 47,000 | 114,000 | 167,000 | 214,000 |
| Noninterest expense | 494,000 | 967,000 | 1,438,000 | 1,941,000 |
| Provision for loan losses | 0 | 0 | -400,000 | -400,000 |
| Pretax income | 133,000 | 307,000 | 864,000 | 1,011,000 |
| Income tax | 35,000 | 81,000 | 246,000 | 285,000 |
| Net income | 98,000 | 226,000 | 618,000 | 726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,570,000 | 8,698,000 | 9,090,000 | 9,198,000 |
| Total capital | 9,090,000 | 9,209,000 | 9,607,000 | 9,727,000 |
| Risk-weighted assets | 40,988,000 | 40,205,000 | 41,135,000 | 42,131,000 |