Call reports 2010
LITCHFIELD NATIONAL BANK, THE — 2010
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 89,036,000 | 91,227,000 | 87,275,000 | 88,546,000 |
| Total loans | 52,121,000 | 51,268,000 | 52,395,000 | 53,538,000 |
| Allowance for loan losses | 427,000 | 436,000 | 469,000 | 759,000 |
| Securities available for sale | 23,090,000 | 18,132,000 | 18,143,000 | 21,423,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,875,000 | 84,086,000 | 80,269,000 | 82,237,000 |
| Interest-bearing deposits | 69,411,000 | 72,715,000 | 68,944,000 | 69,786,000 |
| Noninterest-bearing deposits | 12,464,000 | 11,371,000 | 11,325,000 | 12,451,000 |
| Equity capital | 6,594,000 | 6,705,000 | 6,674,000 | 5,950,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,064,000 | 2,146,000 | 3,176,000 | 4,099,000 |
| Interest expense | 282,000 | 574,000 | 817,000 | 1,036,000 |
| Net interest income | 782,000 | 1,572,000 | 2,359,000 | 3,063,000 |
| Noninterest income | 104,000 | 215,000 | 304,000 | 440,000 |
| Noninterest expense | 648,000 | 1,261,000 | 1,980,000 | 2,680,000 |
| Provision for loan losses | 40,000 | 46,000 | 101,000 | 481,000 |
| Pretax income | 198,000 | 480,000 | 582,000 | 342,000 |
| Income tax | 63,000 | 163,000 | 202,000 | 107,000 |
| Net income | 135,000 | 317,000 | 380,000 | 235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,521,000 | 6,604,000 | 6,567,000 | 6,321,000 |
| Total capital | 6,948,000 | 7,040,000 | 7,036,000 | 6,996,000 |
| Risk-weighted assets | 54,621,000 | 50,568,000 | 52,206,000 | 53,948,000 |