Call reports 2018
LITCHFIELD BANCORP — 2018
What LITCHFIELD BANCORP reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 247,345,000 | 252,160,000 | 252,234,000 | 253,661,000 |
| Total loans | 185,673,000 | 191,172,000 | 190,978,000 | 193,436,000 |
| Allowance for loan losses | 1,454,000 | 1,478,000 | 1,519,000 | 1,559,000 |
| Securities available for sale | 38,681,000 | 41,364,000 | 41,876,000 | 41,533,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 207,243,000 | 213,056,000 | 211,765,000 | 218,902,000 |
| Interest-bearing deposits | 171,472,000 | 174,258,000 | 174,595,000 | 179,556,000 |
| Noninterest-bearing deposits | 35,771,000 | 38,797,000 | 37,170,000 | 39,346,000 |
| Equity capital | 19,124,000 | 19,233,000 | 19,225,000 | 20,106,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,247,000 | 4,622,000 | 7,017,000 | 9,503,000 |
| Interest expense | 337,000 | 680,000 | 1,066,000 | 1,466,000 |
| Net interest income | 1,910,000 | 3,942,000 | 5,951,000 | 8,037,000 |
| Noninterest income | 257,000 | 527,000 | 798,000 | 1,084,000 |
| Noninterest expense | 1,841,000 | 3,734,000 | 5,666,000 | 7,655,000 |
| Provision for loan losses | 37,000 | 74,000 | 113,000 | 152,000 |
| Pretax income | 299,000 | 664,000 | 973,000 | 1,317,000 |
| Income tax | 55,000 | 121,000 | 193,000 | 265,000 |
| Net income | 244,000 | 543,000 | 780,000 | 1,052,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,012,000 | 20,312,000 | 20,549,000 | 20,821,000 |
| Total capital | 21,501,000 | 21,826,000 | 22,099,000 | 22,421,000 |
| Risk-weighted assets | 160,615,000 | 164,270,000 | 166,669,000 | 167,531,000 |