Call reports 2016
LITCHFIELD NATIONAL BANK, THE — 2016
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 93,191,000 | 92,727,000 | 93,992,000 | 93,445,000 |
| Total loans | 65,252,000 | 65,748,000 | 69,756,000 | 68,806,000 |
| Allowance for loan losses | 732,000 | 733,000 | 706,000 | 711,000 |
| Securities available for sale | 13,003,000 | 17,027,000 | 14,425,000 | 15,176,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,448,000 | 83,862,000 | 82,132,000 | 84,623,000 |
| Interest-bearing deposits | 64,808,000 | 63,509,000 | 63,143,000 | 63,911,000 |
| Noninterest-bearing deposits | 19,640,000 | 20,353,000 | 18,989,000 | 20,712,000 |
| Equity capital | 8,021,000 | 8,109,000 | 8,218,000 | 8,116,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 893,000 | 1,825,000 | 2,766,000 | 3,736,000 |
| Interest expense | 96,000 | 196,000 | 298,000 | 415,000 |
| Net interest income | 797,000 | 1,629,000 | 2,468,000 | 3,321,000 |
| Noninterest income | 128,000 | 279,000 | 449,000 | 591,000 |
| Noninterest expense | 678,000 | 1,434,000 | 2,160,000 | 2,919,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 10,000 |
| Pretax income | 247,000 | 474,000 | 747,000 | 983,000 |
| Income tax | 77,000 | 159,000 | 247,000 | 312,000 |
| Net income | 170,000 | 315,000 | 500,000 | 671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,000,000 | 8,080,000 | 8,200,000 | 8,306,000 |
| Total capital | 8,758,000 | 8,839,000 | 8,932,000 | 9,043,000 |
| Risk-weighted assets | 64,130,000 | 65,645,000 | 67,752,000 | 67,069,000 |