Call reports 2003
LITCHFIELD NATIONAL BANK, THE — 2003
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 82,265,000 | 84,000,000 | 80,811,000 | 80,732,000 |
| Total loans | 44,755,000 | 44,937,000 | 45,129,000 | 44,554,000 |
| Allowance for loan losses | 588,000 | 581,000 | 584,000 | 577,000 |
| Securities available for sale | 26,479,000 | 25,473,000 | 27,285,000 | 27,099,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,784,000 | 75,341,000 | 72,306,000 | 72,686,000 |
| Interest-bearing deposits | 65,495,000 | 65,894,000 | 64,173,000 | 61,792,000 |
| Noninterest-bearing deposits | 8,289,000 | 9,447,000 | 8,133,000 | 10,894,000 |
| Equity capital | 7,342,000 | 7,358,000 | 7,400,000 | 7,333,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,132,000 | 2,175,000 | 3,185,000 | 4,181,000 |
| Interest expense | 440,000 | 833,000 | 1,181,000 | 1,472,000 |
| Net interest income | 692,000 | 1,342,000 | 2,004,000 | 2,709,000 |
| Noninterest income | 87,000 | 300,000 | 451,000 | 641,000 |
| Noninterest expense | 504,000 | 1,127,000 | 1,645,000 | 2,360,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 275,000 | 515,000 | 810,000 | 990,000 |
| Income tax | 87,000 | 192,000 | 249,000 | 316,000 |
| Net income | 188,000 | 323,000 | 561,000 | 674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,156,000 | 7,198,000 | 7,317,000 | 7,330,000 |
| Total capital | 7,729,000 | 7,779,000 | 7,892,000 | 7,905,000 |
| Risk-weighted assets | 45,809,000 | 46,674,000 | 45,962,000 | 45,994,000 |