Call reports 2023
LAKE CITY FEDERAL BANK — 2023
What LAKE CITY FEDERAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 78,612,000 | 77,247,000 | 75,986,000 | 80,412,000 |
| Total loans | 44,000,000 | 44,021,000 | 44,710,000 | 45,650,000 |
| Allowance for loan losses | 929,000 | 936,000 | 650,000 | 658,000 |
| Securities available for sale | 13,191,000 | 12,858,000 | 9,127,000 | 8,642,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,812,000 | 66,427,000 | 65,103,000 | 69,143,000 |
| Interest-bearing deposits | 43,995,000 | 42,600,000 | 41,787,000 | 40,489,000 |
| Noninterest-bearing deposits | 23,817,000 | 23,827,000 | 23,316,000 | 28,654,000 |
| Equity capital | 9,855,000 | 9,855,000 | 9,931,000 | 10,349,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 662,000 | 1,376,000 | 2,141,000 | 2,940,000 |
| Interest expense | 97,000 | 231,000 | 377,000 | 551,000 |
| Net interest income | 565,000 | 1,145,000 | 1,764,000 | 2,389,000 |
| Noninterest income | 37,000 | 74,000 | 109,000 | 151,000 |
| Noninterest expense | 489,000 | 1,002,000 | 1,587,000 | 2,125,000 |
| Provision for loan losses | 0 | 0 | -292,000 | -290,000 |
| Pretax income | 113,000 | 217,000 | 578,000 | 705,000 |
| Income tax | 25,000 | 48,000 | 145,000 | 174,000 |
| Net income | 88,000 | 169,000 | 433,000 | 531,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,272,000 | 10,353,000 | 10,618,000 | 10,716,000 |