Call reports 2001
LITCHFIELD NATIONAL BANK, THE — 2001
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 88,782,000 | 84,706,000 | 84,893,000 | 85,981,000 |
| Total loans | 48,101,000 | 47,553,000 | 48,665,000 | 49,053,000 |
| Allowance for loan losses | 486,000 | 521,000 | 502,000 | 488,000 |
| Securities available for sale | 29,677,000 | 29,727,000 | 26,924,000 | 26,806,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,978,000 | 76,447,000 | 76,409,000 | 77,779,000 |
| Interest-bearing deposits | 73,446,000 | 69,921,000 | 70,235,000 | 70,867,000 |
| Noninterest-bearing deposits | 6,532,000 | 6,526,000 | 6,174,000 | 6,912,000 |
| Equity capital | 6,902,000 | 7,059,000 | 7,258,000 | 7,271,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,643,000 | 3,233,000 | 4,754,000 | 6,235,000 |
| Interest expense | 893,000 | 1,771,000 | 2,578,000 | 3,345,000 |
| Net interest income | 750,000 | 1,462,000 | 2,176,000 | 2,890,000 |
| Noninterest income | 72,000 | 170,000 | 253,000 | 360,000 |
| Noninterest expense | 566,000 | 1,042,000 | 1,583,000 | 2,158,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | 40,000 |
| Pretax income | 241,000 | 560,000 | 816,000 | 1,052,000 |
| Income tax | 72,000 | 166,000 | 254,000 | 334,000 |
| Net income | 169,000 | 394,000 | 562,000 | 718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,643,000 | 6,768,000 | 6,837,000 | 6,892,000 |
| Total capital | 7,129,000 | 7,289,000 | 7,339,000 | 7,380,000 |
| Risk-weighted assets | 47,512,000 | 47,767,000 | 49,039,000 | 49,130,000 |