Call reports 2023
LITCHFIELD NATIONAL BANK, THE — 2023
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 131,330,000 | 130,962,000 | 129,149,000 | 128,617,000 |
| Total loans | 78,019,000 | 78,726,000 | 79,404,000 | 79,185,000 |
| Allowance for loan losses | 902,000 | 877,000 | 853,000 | 862,000 |
| Securities available for sale | 37,136,000 | 37,109,000 | 36,213,000 | 37,381,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,580,000 | 115,625,000 | 113,561,000 | 114,796,000 |
| Interest-bearing deposits | 84,722,000 | 81,847,000 | 83,094,000 | 85,929,000 |
| Noninterest-bearing deposits | 38,858,000 | 33,778,000 | 30,467,000 | 28,867,000 |
| Equity capital | 6,921,000 | 7,401,000 | 7,006,000 | 8,055,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,168,000 | 2,388,000 | 3,627,000 | 4,921,000 |
| Interest expense | 241,000 | 542,000 | 923,000 | 1,400,000 |
| Net interest income | 927,000 | 1,846,000 | 2,704,000 | 3,521,000 |
| Noninterest income | 145,000 | 393,000 | 538,000 | 732,000 |
| Noninterest expense | 978,000 | 1,829,000 | 2,788,000 | 3,660,000 |
| Provision for loan losses | 135,000 | 150,000 | 165,000 | 180,000 |
| Pretax income | -41,000 | 260,000 | 289,000 | 413,000 |
| Income tax | 0 | 6,000 | 6,000 | 47,000 |
| Net income | -41,000 | 254,000 | 283,000 | 366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,682,000 | 10,977,000 | 11,006,000 | 11,088,000 |
| Total capital | 11,610,000 | 11,880,000 | 11,885,000 | 11,976,000 |
| Risk-weighted assets | 78,683,000 | 78,385,000 | 78,324,000 | 77,765,000 |