Call reports 2004
LITCHFIELD NATIONAL BANK, THE — 2004
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 80,452,000 | 75,816,000 | 79,518,000 | 76,851,000 |
| Total loans | 42,867,000 | 42,765,000 | 44,132,000 | 44,690,000 |
| Allowance for loan losses | 433,000 | 433,000 | 462,000 | 454,000 |
| Securities available for sale | 22,181,000 | 23,879,000 | 22,055,000 | 26,953,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,150,000 | 69,875,000 | 73,277,000 | 70,530,000 |
| Interest-bearing deposits | 62,655,000 | 60,254,000 | 63,385,000 | 60,676,000 |
| Noninterest-bearing deposits | 9,495,000 | 9,621,000 | 9,892,000 | 9,854,000 |
| Equity capital | 7,438,000 | 5,221,000 | 5,429,000 | 5,377,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 949,000 | 1,849,000 | 2,755,000 | 3,703,000 |
| Interest expense | 264,000 | 513,000 | 752,000 | 994,000 |
| Net interest income | 685,000 | 1,336,000 | 2,003,000 | 2,709,000 |
| Noninterest income | 117,000 | 240,000 | 304,000 | 403,000 |
| Noninterest expense | 536,000 | 1,179,000 | 1,705,000 | 2,323,000 |
| Provision for loan losses | 84,000 | 84,000 | 84,000 | 84,000 |
| Pretax income | 182,000 | 313,000 | 518,000 | 705,000 |
| Income tax | 45,000 | 110,000 | 147,000 | 223,000 |
| Net income | 137,000 | 203,000 | 371,000 | 482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,367,000 | 5,343,000 | 5,415,000 | 5,427,000 |
| Total capital | 7,800,000 | 5,776,000 | 5,877,000 | 5,881,000 |
| Risk-weighted assets | 44,649,000 | 43,521,000 | 44,667,000 | 43,662,000 |