Call reports 2017
LITCHFIELD NATIONAL BANK, THE — 2017
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 101,612,000 | 100,731,000 | 102,398,000 | 103,890,000 |
| Total loans | 69,901,000 | 71,741,000 | 74,120,000 | 77,458,000 |
| Allowance for loan losses | 711,000 | 706,000 | 692,000 | 728,000 |
| Securities available for sale | 19,235,000 | 20,399,000 | 20,366,000 | 19,368,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,634,000 | 91,552,000 | 90,415,000 | 91,871,000 |
| Interest-bearing deposits | 71,834,000 | 71,988,000 | 71,202,000 | 71,004,000 |
| Noninterest-bearing deposits | 20,800,000 | 19,564,000 | 19,213,000 | 20,867,000 |
| Equity capital | 8,301,000 | 8,503,000 | 8,595,000 | 8,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 984,000 | 2,024,000 | 3,091,000 | 4,221,000 |
| Interest expense | 120,000 | 247,000 | 387,000 | 545,000 |
| Net interest income | 864,000 | 1,777,000 | 2,704,000 | 3,676,000 |
| Noninterest income | 133,000 | 332,000 | 496,000 | 631,000 |
| Noninterest expense | 684,000 | 1,506,000 | 2,247,000 | 3,044,000 |
| Provision for loan losses | 0 | 25,000 | 75,000 | 125,000 |
| Pretax income | 313,000 | 578,000 | 878,000 | 1,138,000 |
| Income tax | 107,000 | 210,000 | 327,000 | 358,000 |
| Net income | 206,000 | 368,000 | 551,000 | 780,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,442,000 | 8,534,000 | 8,647,000 | 8,806,000 |
| Total capital | 9,179,000 | 9,266,000 | 9,365,000 | 9,560,000 |
| Risk-weighted assets | 68,853,000 | 72,017,000 | 74,588,000 | 76,843,000 |