Call reports 2018
LITCHFIELD NATIONAL BANK, THE — 2018
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 106,700,000 | 103,495,000 | 102,483,000 | 101,359,000 |
| Total loans | 70,166,000 | 67,983,000 | 67,065,000 | 63,955,000 |
| Allowance for loan losses | 728,000 | 719,000 | 645,000 | 587,000 |
| Securities available for sale | 21,121,000 | 26,456,000 | 27,327,000 | 27,841,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,570,000 | 94,529,000 | 91,782,000 | 92,187,000 |
| Interest-bearing deposits | 74,889,000 | 73,398,000 | 70,603,000 | 69,004,000 |
| Noninterest-bearing deposits | 21,681,000 | 21,131,000 | 21,179,000 | 23,183,000 |
| Equity capital | 8,567,000 | 8,272,000 | 8,283,000 | 8,644,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,064,000 | 2,150,000 | 3,258,000 | 4,333,000 |
| Interest expense | 160,000 | 334,000 | 509,000 | 700,000 |
| Net interest income | 904,000 | 1,816,000 | 2,749,000 | 3,633,000 |
| Noninterest income | 131,000 | 269,000 | 406,000 | 543,000 |
| Noninterest expense | 773,000 | 1,658,000 | 2,464,000 | 3,286,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 262,000 | 427,000 | 691,000 | 890,000 |
| Income tax | 58,000 | 103,000 | 152,000 | 143,000 |
| Net income | 204,000 | 324,000 | 539,000 | 747,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,930,000 | 8,720,000 | 8,855,000 | 8,983,000 |
| Total capital | 9,684,000 | 9,465,000 | 9,526,000 | 9,596,000 |
| Risk-weighted assets | 70,608,000 | 69,561,000 | 69,360,000 | 66,305,000 |