Call reports 2013
LITCHFIELD NATIONAL BANK, THE — 2013
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 87,157,000 | 87,573,000 | 83,876,000 | 83,272,000 |
| Total loans | 52,495,000 | 52,407,000 | 54,872,000 | 54,861,000 |
| Allowance for loan losses | 430,000 | 419,000 | 441,000 | 449,000 |
| Securities available for sale | 18,986,000 | 16,594,000 | 16,422,000 | 17,194,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,613,000 | 80,217,000 | 76,598,000 | 76,133,000 |
| Interest-bearing deposits | 63,285,000 | 62,548,000 | 60,664,000 | 58,608,000 |
| Noninterest-bearing deposits | 16,328,000 | 17,669,000 | 15,934,000 | 17,525,000 |
| Equity capital | 7,076,000 | 6,904,000 | 6,877,000 | 6,723,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 760,000 | 1,514,000 | 2,308,000 | 3,122,000 |
| Interest expense | 59,000 | 112,000 | 160,000 | 208,000 |
| Net interest income | 701,000 | 1,402,000 | 2,148,000 | 2,914,000 |
| Noninterest income | 118,000 | 271,000 | 430,000 | 439,000 |
| Noninterest expense | 573,000 | 1,192,000 | 1,834,000 | 2,536,000 |
| Provision for loan losses | 0 | 0 | 18,000 | 26,000 |
| Pretax income | 246,000 | 481,000 | 726,000 | 791,000 |
| Income tax | 87,000 | 180,000 | 283,000 | 298,000 |
| Net income | 159,000 | 301,000 | 443,000 | 493,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,077,000 | 7,164,000 | 7,251,000 | 7,248,000 |
| Total capital | 7,533,000 | 7,609,000 | 7,718,000 | 7,723,000 |
| Risk-weighted assets | 50,444,000 | 50,652,000 | 53,915,000 | 54,583,000 |