Call reports 2022
LITCHFIELD NATIONAL BANK, THE — 2022
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 128,629,000 | 123,907,000 | 127,577,000 | 131,457,000 |
| Total loans | 76,937,000 | 77,721,000 | 80,048,000 | 82,267,000 |
| Allowance for loan losses | 690,000 | 703,000 | 762,000 | 778,000 |
| Securities available for sale | 35,102,000 | 35,655,000 | 34,351,000 | 34,112,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,351,000 | 113,209,000 | 113,195,000 | 118,467,000 |
| Interest-bearing deposits | 79,452,000 | 79,843,000 | 80,237,000 | 79,279,000 |
| Noninterest-bearing deposits | 34,899,000 | 33,366,000 | 32,958,000 | 39,188,000 |
| Equity capital | 8,607,000 | 6,975,000 | 6,434,000 | 6,346,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 980,000 | 1,980,000 | 3,075,000 | 4,256,000 |
| Interest expense | 42,000 | 101,000 | 204,000 | 407,000 |
| Net interest income | 938,000 | 1,879,000 | 2,871,000 | 3,849,000 |
| Noninterest income | 164,000 | 316,000 | 415,000 | 573,000 |
| Noninterest expense | 884,000 | 1,749,000 | 2,691,000 | 3,619,000 |
| Provision for loan losses | 15,000 | 50,000 | 65,000 | 456,000 |
| Pretax income | 203,000 | 396,000 | 530,000 | 347,000 |
| Income tax | 37,000 | 78,000 | 102,000 | 50,000 |
| Net income | 166,000 | 318,000 | 428,000 | 297,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,342,000 | 10,444,000 | 10,479,000 | 10,273,000 |
| Total capital | 11,058,000 | 11,173,000 | 11,267,000 | 11,077,000 |
| Risk-weighted assets | 77,663,000 | 78,839,000 | 80,394,000 | 81,802,000 |