Call reports 2010
CONNECT BANK — 2010
What CONNECT BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 93,786,000 | 94,902,000 | 102,325,000 | 100,556,000 |
| Total loans | 62,473,000 | 61,664,000 | 61,251,000 | 60,778,000 |
| Allowance for loan losses | 1,494,000 | 1,740,000 | 1,942,000 | 1,642,000 |
| Securities available for sale | 21,860,000 | 16,597,000 | 20,208,000 | 18,685,000 |
| Securities held to maturity | 1,297,000 | 7,389,000 | 11,830,000 | 15,048,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,789,000 | 77,242,000 | 79,118,000 | 78,969,000 |
| Interest-bearing deposits | 65,801,000 | 63,282,000 | 65,331,000 | 65,022,000 |
| Noninterest-bearing deposits | 11,988,000 | 13,960,000 | 13,787,000 | 13,947,000 |
| Equity capital | 11,766,000 | 12,173,000 | 12,557,000 | 11,522,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,278,000 | 2,578,000 | 3,841,000 | 5,138,000 |
| Interest expense | 285,000 | 561,000 | 833,000 | 1,119,000 |
| Net interest income | 993,000 | 2,017,000 | 3,008,000 | 4,019,000 |
| Noninterest income | 160,000 | 351,000 | 492,000 | 653,000 |
| Noninterest expense | 764,000 | 1,503,000 | 2,204,000 | 2,926,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 900,000 |
| Pretax income | 164,000 | 417,000 | 623,000 | 848,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 164,000 | 417,000 | 623,000 | 848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,596,000 | 11,848,000 | 12,054,000 | 11,649,000 |
| Total capital | 12,423,000 | 12,724,000 | 12,895,000 | 12,274,000 |
| Risk-weighted assets | 65,912,000 | 69,189,000 | 69,737,000 | 66,465,000 |