Call reports 2021
LITCHFIELD NATIONAL BANK, THE — 2021
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 132,311,000 | 123,253,000 | 120,504,000 | 122,376,000 |
| Total loans | 72,180,000 | 73,671,000 | 78,042,000 | 78,811,000 |
| Allowance for loan losses | 642,000 | 659,000 | 688,000 | 692,000 |
| Securities available for sale | 26,259,000 | 32,727,000 | 31,606,000 | 32,355,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,156,000 | 107,809,000 | 105,302,000 | 107,009,000 |
| Interest-bearing deposits | 81,626,000 | 76,247,000 | 75,475,000 | 75,060,000 |
| Noninterest-bearing deposits | 36,530,000 | 31,562,000 | 29,827,000 | 31,949,000 |
| Equity capital | 9,432,000 | 9,723,000 | 9,736,000 | 9,823,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,086,000 | 2,166,000 | 3,124,000 | 4,104,000 |
| Interest expense | 105,000 | 176,000 | 238,000 | 294,000 |
| Net interest income | 981,000 | 1,990,000 | 2,886,000 | 3,810,000 |
| Noninterest income | 166,000 | 337,000 | 497,000 | 660,000 |
| Noninterest expense | 898,000 | 1,760,000 | 2,698,000 | 3,435,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 75,000 |
| Pretax income | 234,000 | 537,000 | 640,000 | 960,000 |
| Income tax | 53,000 | 124,000 | 136,000 | 225,000 |
| Net income | 181,000 | 413,000 | 504,000 | 735,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,747,000 | 9,979,000 | 9,945,000 | 10,176,000 |
| Total capital | — | 10,664,000 | 10,659,000 | 10,894,000 |
| Risk-weighted assets | — | 71,150,000 | 74,670,000 | 78,052,000 |