Call reports 2017
LITCHFIELD BANCORP — 2017
What LITCHFIELD BANCORP reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 244,942,000 | 247,661,000 | 247,186,000 | 247,544,000 |
| Total loans | 174,922,000 | 179,229,000 | 184,001,000 | 187,242,000 |
| Allowance for loan losses | 1,379,000 | 1,367,000 | 1,389,000 | 1,422,000 |
| Securities available for sale | 47,526,000 | 47,584,000 | 43,696,000 | 41,243,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,737,000 | 203,858,000 | 194,089,000 | 202,329,000 |
| Interest-bearing deposits | 171,055,000 | 166,918,000 | 160,446,000 | 165,975,000 |
| Noninterest-bearing deposits | 34,682,000 | 36,940,000 | 33,642,000 | 36,355,000 |
| Equity capital | 19,421,000 | 19,753,000 | 19,997,000 | 19,336,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,088,000 | 4,205,000 | 6,415,000 | 8,568,000 |
| Interest expense | 213,000 | 449,000 | 748,000 | 1,066,000 |
| Net interest income | 1,875,000 | 3,756,000 | 5,667,000 | 7,502,000 |
| Noninterest income | 257,000 | 523,000 | 803,000 | 1,098,000 |
| Noninterest expense | 1,796,000 | 3,622,000 | 5,490,000 | 7,598,000 |
| Provision for loan losses | 40,000 | 79,000 | 116,000 | 154,000 |
| Pretax income | 296,000 | 578,000 | 886,000 | 878,000 |
| Income tax | 98,000 | 203,000 | 309,000 | 805,000 |
| Net income | 198,000 | 375,000 | 577,000 | 73,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,896,000 | 20,073,000 | 20,276,000 | 19,857,000 |
| Total capital | 21,305,000 | 21,473,000 | 21,697,000 | 21,316,000 |
| Risk-weighted assets | 154,716,000 | 157,714,000 | 158,904,000 | 162,368,000 |