Call reports 2011
CONNECT BANK — 2011
What CONNECT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 100,637,000 | 103,277,000 | 102,140,000 | 104,442,000 |
| Total loans | 61,848,000 | 66,107,000 | 65,601,000 | 63,649,000 |
| Allowance for loan losses | 1,864,000 | 2,084,000 | 1,864,000 | 1,757,000 |
| Securities available for sale | 17,806,000 | 15,936,000 | 12,053,000 | 14,868,000 |
| Securities held to maturity | 15,011,000 | 16,138,000 | 15,010,000 | 16,261,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,422,000 | 80,023,000 | 80,069,000 | 83,475,000 |
| Interest-bearing deposits | 65,226,000 | 65,853,000 | 63,659,000 | 65,009,000 |
| Noninterest-bearing deposits | 14,196,000 | 14,170,000 | 16,410,000 | 18,466,000 |
| Equity capital | 11,753,000 | 12,276,000 | 12,735,000 | 12,250,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,266,000 | 2,566,000 | 3,892,000 | 5,179,000 |
| Interest expense | 260,000 | 517,000 | 766,000 | 1,002,000 |
| Net interest income | 1,006,000 | 2,049,000 | 3,126,000 | 4,177,000 |
| Noninterest income | 152,000 | 281,000 | 459,000 | 595,000 |
| Noninterest expense | 739,000 | 1,474,000 | 2,224,000 | 3,007,000 |
| Provision for loan losses | 225,000 | 450,000 | 600,000 | 785,000 |
| Pretax income | 194,000 | 406,000 | 761,000 | 980,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 194,000 | 406,000 | 761,000 | 980,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,844,000 | 12,056,000 | 12,409,000 | 11,954,000 |
| Total capital | 12,693,000 | 12,962,000 | 13,304,000 | 12,868,000 |
| Risk-weighted assets | 67,822,000 | 71,308,000 | 70,655,000 | 72,343,000 |