Call reports 2024
BANK OF LAKE MILLS — 2024
What BANK OF LAKE MILLS reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 370,835,000 | 335,897,000 | 421,535,000 | 417,234,000 |
| Total loans | 304,291,000 | 270,629,000 | 357,698,000 | 349,300,000 |
| Allowance for loan losses | 2,279,000 | 2,250,000 | 2,250,000 | 2,165,000 |
| Securities available for sale | 45,420,000 | 44,134,000 | 44,366,000 | 41,813,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,482,000 | 248,754,000 | 283,595,000 | 329,095,000 |
| Interest-bearing deposits | 221,208,000 | 190,162,000 | 233,561,000 | 275,000,000 |
| Noninterest-bearing deposits | 55,274,000 | 58,592,000 | 50,034,000 | 54,095,000 |
| Equity capital | 39,791,000 | 40,570,000 | 42,854,000 | 43,338,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,773,000 | 11,263,000 | 17,181,000 | 24,732,000 |
| Interest expense | 2,525,000 | 4,718,000 | 7,210,000 | 10,192,000 |
| Net interest income | 3,248,000 | 6,545,000 | 9,971,000 | 14,540,000 |
| Noninterest income | 606,000 | 1,228,000 | 1,985,000 | 2,880,000 |
| Noninterest expense | 2,794,000 | 5,535,000 | 8,383,000 | 11,846,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,060,000 | 2,238,000 | 3,573,000 | 5,574,000 |
| Income tax | 2,000 | -246,000 | -246,000 | -246,000 |
| Net income | 1,058,000 | 2,484,000 | 3,819,000 | 5,820,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,376,000 | 45,361,000 | 46,326,000 | 48,328,000 |
| Total capital | 46,655,000 | 47,611,000 | 48,576,000 | 50,568,000 |
| Risk-weighted assets | 281,119,000 | 248,859,000 | 335,217,000 | 331,082,000 |