Call reports 2014
LITCHFIELD NATIONAL BANK, THE — 2014
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 86,553,000 | 82,085,000 | 76,120,000 | 77,558,000 |
| Total loans | 52,854,000 | 52,975,000 | 57,081,000 | 57,920,000 |
| Allowance for loan losses | 466,000 | 468,000 | 467,000 | 487,000 |
| Securities available for sale | 16,477,000 | 16,726,000 | 13,770,000 | 7,942,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,073,000 | 74,418,000 | 68,385,000 | 69,681,000 |
| Interest-bearing deposits | 60,064,000 | 56,563,000 | 52,139,000 | 50,426,000 |
| Noninterest-bearing deposits | 19,009,000 | 17,855,000 | 16,246,000 | 19,255,000 |
| Equity capital | 7,003,000 | 7,253,000 | 7,405,000 | 7,547,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 778,000 | 1,573,000 | 2,370,000 | 3,178,000 |
| Interest expense | 40,000 | 78,000 | 114,000 | 153,000 |
| Net interest income | 738,000 | 1,495,000 | 2,256,000 | 3,025,000 |
| Noninterest income | 112,000 | 246,000 | 397,000 | 536,000 |
| Noninterest expense | 640,000 | 1,304,000 | 1,929,000 | 2,659,000 |
| Provision for loan losses | 0 | 0 | 0 | 46,000 |
| Pretax income | 210,000 | 437,000 | 725,000 | 857,000 |
| Income tax | 81,000 | 168,000 | 278,000 | 326,000 |
| Net income | 129,000 | 269,000 | 447,000 | 531,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,322,000 | 7,407,000 | 7,529,000 | 7,559,000 |
| Total capital | 7,814,000 | 7,901,000 | 8,022,000 | 8,072,000 |
| Risk-weighted assets | 51,845,000 | 52,242,000 | 54,982,000 | 55,132,000 |