First Bank of the Lake Logo
First Bank of the Lake Logo
FDIC Digital Sign, using the official FDIC wordmark. This digital sign indicates the deposit institution is backed by the full faith and credit of the US government.
Smoothing Out Business Cash Flow

Smoothing Out Business Cash Flow

Keep Cash Flowing Smoothly Through Your Business Of all the important measurable metrics, a business can live and die on cash flow as readily as any other. If you don’t have enough liquid capital on hand, you could struggle to pay your bills and your employees on...
Year-End Financial Tips for Small Businesses

Year-End Financial Tips for Small Businesses

Setting the Stage for Success With the holiday season around the corner, small business owners are not only gearing up for celebrations but also getting ready to conclude their fiscal year. Year-end financial planning is important for businesses of all sizes, to...
What to Know About Profit and Loss Statements

What to Know About Profit and Loss Statements

Income Statements Are a Key Indicator of Your Financial Status Profit and loss statements, also called income statements, are a key indicator of your company’s financial well-being. This document should contain a summary of the revenues, expenses, and costs of doing...
Financial Trouble for Your Business

Financial Trouble for Your Business

What are some early indicators of trouble? Every entrepreneur wants their business to flourish — and to achieve that goal, it’s important to be aware of the signs that your company is struggling. Here’s a look at four factors that indicate your company has to address...