Call reports 2020
BANK OF LAKE MILLS — 2020
What BANK OF LAKE MILLS 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 | 248,728,000 | 253,881,000 | 245,263,000 | 261,622,000 |
| Total loans | 204,619,000 | 211,521,000 | 206,156,000 | 193,336,000 |
| Allowance for loan losses | 1,983,000 | 2,125,000 | 2,227,000 | 2,249,000 |
| Securities available for sale | 20,486,000 | 21,269,000 | 21,352,000 | 25,917,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 190,921,000 | 203,043,000 | 209,001,000 | 224,727,000 |
| Interest-bearing deposits | 151,412,000 | 153,470,000 | 157,448,000 | 173,525,000 |
| Noninterest-bearing deposits | 39,509,000 | 49,573,000 | 51,553,000 | 51,202,000 |
| Equity capital | 30,156,000 | 30,988,000 | 31,319,000 | 32,134,000 |
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 | 3,015,000 | 5,976,000 | 8,970,000 | 11,874,000 |
| Interest expense | 526,000 | 967,000 | 1,373,000 | 1,746,000 |
| Net interest income | 2,489,000 | 5,009,000 | 7,597,000 | 10,128,000 |
| Noninterest income | 938,000 | 2,636,000 | 4,596,000 | 5,700,000 |
| Noninterest expense | 1,767,000 | 5,913,000 | 8,174,000 | 10,113,000 |
| Provision for loan losses | 0 | 140,000 | 240,000 | 260,000 |
| Pretax income | 1,660,000 | 1,592,000 | 3,779,000 | 5,455,000 |
| Income tax | 117,000 | 302,000 | 440,000 | 644,000 |
| Net income | 1,543,000 | 1,290,000 | 3,339,000 | 4,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,451,000 | 30,199,000 | 30,530,000 | 31,336,000 |
| Total capital | 32,434,000 | 32,324,000 | 32,757,000 | 33,577,000 |
| Risk-weighted assets | 188,160,000 | 189,416,000 | 185,463,000 | 179,351,000 |