Call reports 2020
LITCHFIELD BANCORP — 2020
What LITCHFIELD BANCORP reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 251,710,000 | 279,310,000 | 290,004,000 | 310,866,000 |
| Total loans | 199,968,000 | 217,346,000 | 217,875,000 | 212,821,000 |
| Allowance for loan losses | 1,785,000 | 1,832,000 | 1,934,000 | 2,025,000 |
| Securities available for sale | 26,440,000 | 24,253,000 | 26,836,000 | 38,686,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,083,000 | 253,519,000 | 263,964,000 | 285,279,000 |
| Interest-bearing deposits | 178,788,000 | 194,657,000 | 202,421,000 | 209,714,000 |
| Noninterest-bearing deposits | 45,294,000 | 58,862,000 | 61,543,000 | 75,565,000 |
| Equity capital | 20,943,000 | 21,021,000 | 20,996,000 | 20,915,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,333,000 | 4,619,000 | 6,891,000 | 9,402,000 |
| Interest expense | 319,000 | 600,000 | 829,000 | 1,026,000 |
| Net interest income | 2,014,000 | 4,019,000 | 6,062,000 | 8,376,000 |
| Noninterest income | 300,000 | 593,000 | 987,000 | 1,562,000 |
| Noninterest expense | 2,132,000 | 4,334,000 | 6,652,000 | 9,011,000 |
| Provision for loan losses | 57,000 | 105,000 | 204,000 | 303,000 |
| Pretax income | 238,000 | 394,000 | 637,000 | 1,157,000 |
| Income tax | 62,000 | 117,000 | 173,000 | 282,000 |
| Net income | 176,000 | 277,000 | 464,000 | 875,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,671,000 | 21,772,000 | 21,959,000 | 22,370,000 |
| Total capital | 23,502,000 | — | 23,947,000 | 24,447,000 |
| Risk-weighted assets | 168,769,000 | — | 188,894,000 | 186,306,000 |