Call reports 2021
LAKE CITY FEDERAL BANK — 2021
What LAKE CITY FEDERAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 81,836,000 | 80,893,000 | 81,341,000 | 81,718,000 |
| Total loans | 50,909,000 | 50,481,000 | 48,922,000 | 46,279,000 |
| Allowance for loan losses | 733,000 | 737,000 | 742,000 | 920,000 |
| Securities available for sale | 9,389,000 | 9,021,000 | 11,773,000 | 12,820,000 |
| Securities held to maturity | 47,000 | 2,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,578,000 | 68,373,000 | 68,729,000 | 70,697,000 |
| Interest-bearing deposits | 49,619,000 | 48,862,000 | 47,556,000 | 48,422,000 |
| Noninterest-bearing deposits | 19,959,000 | 19,511,000 | 21,173,000 | 22,275,000 |
| Equity capital | 9,802,000 | 10,072,000 | 10,105,000 | 10,095,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 606,000 | 1,450,000 | 2,123,000 | 2,689,000 |
| Interest expense | 80,000 | 149,000 | 213,000 | 280,000 |
| Net interest income | 526,000 | 1,301,000 | 1,910,000 | 2,409,000 |
| Noninterest income | 49,000 | 89,000 | 129,000 | 210,000 |
| Noninterest expense | 496,000 | 994,000 | 1,516,000 | 2,058,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 79,000 | 396,000 | 523,000 | 561,000 |
| Income tax | 4,000 | 78,000 | 96,000 | 92,000 |
| Net income | 75,000 | 318,000 | 427,000 | 469,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,576,000 | 9,819,000 | 9,928,000 | 9,970,000 |