Call reports 2016
CONNECT BANK — 2016
What CONNECT BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 92,812,000 | 89,378,000 | 90,858,000 | 91,436,000 |
| Total loans | 60,650,000 | 64,122,000 | 64,004,000 | 58,845,000 |
| Allowance for loan losses | 1,642,000 | 1,667,000 | 1,664,000 | 1,637,000 |
| Securities available for sale | 14,619,000 | 6,428,000 | 5,372,000 | 9,428,000 |
| Securities held to maturity | 8,251,000 | 13,717,000 | 13,707,000 | 12,599,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,965,000 | 71,320,000 | 75,476,000 | 77,170,000 |
| Interest-bearing deposits | 57,266,000 | 53,544,000 | 54,640,000 | 54,720,000 |
| Noninterest-bearing deposits | 20,699,000 | 17,776,000 | 20,836,000 | 22,450,000 |
| Equity capital | 13,644,000 | 13,976,000 | 14,308,000 | 13,257,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,033,000 | 2,069,000 | 3,127,000 | 4,148,000 |
| Interest expense | 60,000 | 121,000 | 182,000 | 243,000 |
| Net interest income | 973,000 | 1,948,000 | 2,945,000 | 3,905,000 |
| Noninterest income | 101,000 | 213,000 | 336,000 | 503,000 |
| Noninterest expense | 769,000 | 1,533,000 | 2,311,000 | 3,097,000 |
| Provision for loan losses | 75,000 | 75,000 | 75,000 | 75,000 |
| Pretax income | 244,000 | 579,000 | 981,000 | 1,324,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 244,000 | 579,000 | 981,000 | 1,324,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,526,000 | 13,860,000 | 14,263,000 | 13,631,000 |
| Total capital | 14,315,000 | 14,728,000 | 15,087,000 | 14,419,000 |
| Risk-weighted assets | 62,256,000 | 68,657,000 | 65,078,000 | 62,156,000 |