Call reports 2019
LITCHFIELD BANCORP — 2019
What LITCHFIELD BANCORP reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 253,597,000 | 250,025,000 | 253,193,000 | 256,160,000 |
| Total loans | 194,848,000 | 198,799,000 | 203,752,000 | 194,913,000 |
| Allowance for loan losses | 1,594,000 | 1,659,000 | 1,702,000 | 1,727,000 |
| Securities available for sale | 37,840,000 | 34,528,000 | 33,346,000 | 32,624,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 217,961,000 | 218,345,000 | 220,768,000 | 228,063,000 |
| Interest-bearing deposits | 180,312,000 | 178,893,000 | 176,680,000 | 179,664,000 |
| Noninterest-bearing deposits | 37,649,000 | 39,451,000 | 44,089,000 | 48,399,000 |
| Equity capital | 20,495,000 | 21,192,000 | 21,462,000 | 19,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,469,000 | 4,937,000 | 7,407,000 | 9,849,000 |
| Interest expense | 430,000 | 847,000 | 1,267,000 | 1,643,000 |
| Net interest income | 2,039,000 | 4,090,000 | 6,140,000 | 8,206,000 |
| Noninterest income | 259,000 | 549,000 | 854,000 | 1,194,000 |
| Noninterest expense | 2,040,000 | 4,094,000 | 6,160,000 | 8,344,000 |
| Provision for loan losses | 40,000 | 75,000 | 116,000 | 155,000 |
| Pretax income | 241,000 | 551,000 | 863,000 | 1,085,000 |
| Income tax | 80,000 | 179,000 | 285,000 | 317,000 |
| Net income | 161,000 | 372,000 | 578,000 | 768,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,887,000 | 21,098,000 | 21,304,000 | 21,495,000 |
| Total capital | 22,523,000 | 22,802,000 | 23,054,000 | 23,267,000 |
| Risk-weighted assets | 165,972,000 | 173,686,000 | 167,608,000 | 167,196,000 |