Call reports 2020
LAKE CITY FEDERAL BANK — 2020
What LAKE CITY FEDERAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 72,229,000 | 75,622,000 | 76,106,000 | 79,473,000 |
| Total loans | 51,841,000 | 53,336,000 | 52,434,000 | 50,859,000 |
| Allowance for loan losses | 758,000 | 750,000 | 754,000 | 745,000 |
| Securities available for sale | 11,594,000 | 11,119,000 | 10,738,000 | 9,969,000 |
| Securities held to maturity | 94,000 | 93,000 | 93,000 | 93,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,226,000 | 63,593,000 | 63,962,000 | 67,205,000 |
| Interest-bearing deposits | 44,558,000 | 45,019,000 | 45,349,000 | 46,508,000 |
| Noninterest-bearing deposits | 15,668,000 | 18,574,000 | 18,613,000 | 20,697,000 |
| Equity capital | 9,637,000 | 9,634,000 | 9,727,000 | 9,809,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 671,000 | 1,391,000 | 2,056,000 | 2,699,000 |
| Interest expense | 113,000 | 219,000 | 317,000 | 407,000 |
| Net interest income | 558,000 | 1,172,000 | 1,739,000 | 2,292,000 |
| Noninterest income | 44,000 | 80,000 | 121,000 | 160,000 |
| Noninterest expense | 535,000 | 1,043,000 | 1,569,000 | 2,063,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 67,000 | 209,000 | 291,000 | 389,000 |
| Income tax | 14,000 | 50,000 | 68,000 | 87,000 |
| Net income | 53,000 | 159,000 | 223,000 | 302,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,252,000 | 9,358,000 | 9,421,000 | 9,501,000 |