Call reports 2007
LITCHFIELD NATIONAL BANK, THE — 2007
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 75,785,000 | 75,393,000 | 76,773,000 | 79,569,000 |
| Total loans | 41,290,000 | 43,666,000 | 43,920,000 | 44,887,000 |
| Allowance for loan losses | 374,000 | 409,000 | 406,000 | 399,000 |
| Securities available for sale | 27,097,000 | 27,951,000 | 26,228,000 | 26,398,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,790,000 | 67,440,000 | 68,542,000 | 71,412,000 |
| Interest-bearing deposits | 58,346,000 | 57,453,000 | 59,005,000 | 60,489,000 |
| Noninterest-bearing deposits | 10,444,000 | 9,987,000 | 9,537,000 | 10,923,000 |
| Equity capital | 5,865,000 | 5,819,000 | 6,027,000 | 6,200,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,125,000 | 2,295,000 | 3,507,000 | 4,730,000 |
| Interest expense | 441,000 | 890,000 | 1,373,000 | 1,865,000 |
| Net interest income | 684,000 | 1,405,000 | 2,134,000 | 2,865,000 |
| Noninterest income | 118,000 | 390,000 | 528,000 | 614,000 |
| Noninterest expense | 585,000 | 1,345,000 | 1,885,000 | 2,458,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 217,000 | 450,000 | 777,000 | 1,021,000 |
| Income tax | 70,000 | 150,000 | 252,000 | 336,000 |
| Net income | 147,000 | 300,000 | 525,000 | 685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,923,000 | 5,976,000 | 5,918,000 | 5,982,000 |
| Total capital | 6,297,000 | 6,385,000 | 6,324,000 | 6,381,000 |
| Risk-weighted assets | 43,156,000 | 50,077,000 | 46,055,000 | 46,776,000 |