Call reports 2024
LITCHFIELD NATIONAL BANK, THE — 2024
What LITCHFIELD NATIONAL BANK, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 133,097,000 | 128,158,000 | 128,288,000 | 131,635,000 |
| Total loans | 77,437,000 | 75,933,000 | 79,818,000 | 80,452,000 |
| Allowance for loan losses | 808,000 | 807,000 | 816,000 | 819,000 |
| Securities available for sale | 37,877,000 | 38,757,000 | 38,689,000 | 37,250,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,215,000 | 113,817,000 | 112,405,000 | 115,991,000 |
| Interest-bearing deposits | 86,664,000 | 85,800,000 | 83,347,000 | 82,730,000 |
| Noninterest-bearing deposits | 32,551,000 | 28,017,000 | 29,058,000 | 33,261,000 |
| Equity capital | 7,932,000 | 8,283,000 | 9,219,000 | 8,734,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,305,000 | 2,668,000 | 4,018,000 | 5,478,000 |
| Interest expense | 525,000 | 1,089,000 | 1,665,000 | 2,231,000 |
| Net interest income | 780,000 | 1,579,000 | 2,353,000 | 3,247,000 |
| Noninterest income | 135,000 | 315,000 | 471,000 | 636,000 |
| Noninterest expense | 888,000 | 1,689,000 | 2,509,000 | 3,369,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 29,000 | 201,000 | 322,000 | 515,000 |
| Income tax | 0 | 22,000 | 40,000 | 77,000 |
| Net income | 29,000 | 179,000 | 282,000 | 438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,118,000 | 11,268,000 | 11,371,000 | 11,477,000 |
| Total capital | 11,952,000 | 12,101,000 | 12,213,000 | 12,322,000 |
| Risk-weighted assets | 74,356,000 | 74,805,000 | 77,323,000 | 77,530,000 |