Call reports 2008
LITCHFIELD NATIONAL BANK, THE — 2008
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 83,984,000 | 82,116,000 | 80,832,000 | 80,879,000 |
| Total loans | 45,651,000 | 47,692,000 | 51,318,000 | 53,368,000 |
| Allowance for loan losses | 405,000 | 420,000 | 421,000 | 406,000 |
| Securities available for sale | 26,218,000 | 30,570,000 | 25,432,000 | 21,597,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,997,000 | 74,252,000 | 70,234,000 | 72,919,000 |
| Interest-bearing deposits | 65,225,000 | 63,175,000 | 60,511,000 | 61,732,000 |
| Noninterest-bearing deposits | 10,772,000 | 11,077,000 | 9,723,000 | 11,187,000 |
| Equity capital | 6,482,000 | 6,504,000 | 6,366,000 | 6,580,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,226,000 | 2,427,000 | 3,610,000 | 4,797,000 |
| Interest expense | 508,000 | 983,000 | 1,420,000 | 1,814,000 |
| Net interest income | 718,000 | 1,444,000 | 2,190,000 | 2,983,000 |
| Noninterest income | 107,000 | 265,000 | 389,000 | 506,000 |
| Noninterest expense | 576,000 | 1,135,000 | 1,760,000 | 2,372,000 |
| Provision for loan losses | 0 | 0 | 0 | 15,000 |
| Pretax income | 249,000 | 574,000 | 819,000 | 1,102,000 |
| Income tax | 78,000 | 195,000 | 280,000 | 358,000 |
| Net income | 171,000 | 379,000 | 539,000 | 744,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,133,000 | 6,251,000 | 6,202,000 | 6,308,000 |
| Total capital | 6,538,000 | 6,671,000 | 6,623,000 | 6,714,000 |
| Risk-weighted assets | 47,497,000 | 48,632,000 | 51,428,000 | 52,212,000 |