Call reports 2015
LITCHFIELD NATIONAL BANK, THE — 2015
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 77,842,000 | 78,368,000 | 81,212,000 | 90,015,000 |
| Total loans | 58,101,000 | 60,658,000 | 62,551,000 | 65,918,000 |
| Allowance for loan losses | 489,000 | 495,000 | 730,000 | 732,000 |
| Securities available for sale | 9,994,000 | 9,893,000 | 7,000,000 | 8,949,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,607,000 | 70,300,000 | 72,941,000 | 81,616,000 |
| Interest-bearing deposits | 51,686,000 | 52,907,000 | 56,307,000 | 62,287,000 |
| Noninterest-bearing deposits | 17,921,000 | 17,393,000 | 16,634,000 | 19,329,000 |
| Equity capital | 7,707,000 | 7,644,000 | 7,845,000 | 7,880,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 756,000 | 1,554,000 | 2,385,000 | 3,253,000 |
| Interest expense | 35,000 | 73,000 | 124,000 | 210,000 |
| Net interest income | 721,000 | 1,481,000 | 2,261,000 | 3,043,000 |
| Noninterest income | 127,000 | 271,000 | 415,000 | 558,000 |
| Noninterest expense | 597,000 | 1,367,000 | 2,025,000 | 2,822,000 |
| Provision for loan losses | 0 | 14,000 | 14,000 | 14,000 |
| Pretax income | 253,000 | 402,000 | 668,000 | 796,000 |
| Income tax | 83,000 | 143,000 | 219,000 | 226,000 |
| Net income | 170,000 | 259,000 | 449,000 | 570,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,676,000 | 7,705,000 | 7,835,000 | 7,895,000 |
| Total capital | 8,191,000 | 8,226,000 | 8,586,000 | 8,653,000 |
| Risk-weighted assets | 55,075,000 | 57,753,000 | 60,084,000 | 63,803,000 |