Call reports 2014
CONNECT BANK — 2014
What CONNECT BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 93,214,000 | 94,366,000 | 93,300,000 | 92,770,000 |
| Total loans | 55,716,000 | 58,492,000 | 57,942,000 | 58,421,000 |
| Allowance for loan losses | 1,731,000 | 1,779,000 | 1,850,000 | 1,737,000 |
| Securities available for sale | 16,859,000 | 15,403,000 | 14,097,000 | 12,240,000 |
| Securities held to maturity | 15,099,000 | 14,720,000 | 14,686,000 | 12,938,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,403,000 | 75,796,000 | 77,159,000 | 77,322,000 |
| Interest-bearing deposits | 59,612,000 | 58,916,000 | 59,196,000 | 60,180,000 |
| Noninterest-bearing deposits | 15,791,000 | 16,880,000 | 17,963,000 | 17,142,000 |
| Equity capital | 12,279,000 | 12,881,000 | 13,373,000 | 13,049,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,098,000 | 2,197,000 | 3,300,000 | 4,359,000 |
| Interest expense | 110,000 | 204,000 | 281,000 | 357,000 |
| Net interest income | 988,000 | 1,993,000 | 3,019,000 | 4,002,000 |
| Noninterest income | 93,000 | 243,000 | 340,000 | 601,000 |
| Noninterest expense | 734,000 | 1,513,000 | 2,221,000 | 3,062,000 |
| Provision for loan losses | 150,000 | 225,000 | 300,000 | 370,000 |
| Pretax income | 197,000 | 498,000 | 838,000 | 1,178,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 197,000 | 498,000 | 838,000 | 1,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,904,000 | 13,205,000 | 13,545,000 | 13,037,000 |
| Total capital | 13,706,000 | 14,035,000 | 14,349,000 | 13,284,000 |
| Risk-weighted assets | 63,855,000 | 65,459,000 | 63,270,000 | 63,399,000 |