Call reports 2017
CONNECT BANK — 2017
What CONNECT BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 90,136,000 | 90,584,000 | 91,520,000 | 91,977,000 |
| Total loans | 60,708,000 | 63,276,000 | 65,072,000 | 62,949,000 |
| Allowance for loan losses | 1,663,000 | 1,661,000 | 1,608,000 | 1,610,000 |
| Securities available for sale | 12,084,000 | 11,835,000 | 11,236,000 | 12,005,000 |
| Securities held to maturity | 11,109,000 | 11,109,000 | 10,768,000 | 11,018,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,675,000 | 74,080,000 | 75,748,000 | 77,568,000 |
| Interest-bearing deposits | 54,432,000 | 53,874,000 | 53,988,000 | 54,772,000 |
| Noninterest-bearing deposits | 21,243,000 | 20,206,000 | 21,760,000 | 22,796,000 |
| Equity capital | 13,603,000 | 14,156,000 | 14,573,000 | 13,689,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 997,000 | 2,033,000 | 3,100,000 | 4,186,000 |
| Interest expense | 59,000 | 119,000 | 183,000 | 250,000 |
| Net interest income | 938,000 | 1,914,000 | 2,917,000 | 3,936,000 |
| Noninterest income | 242,000 | 381,000 | 517,000 | 651,000 |
| Noninterest expense | 834,000 | 1,578,000 | 2,287,000 | 3,185,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 30,000 |
| Pretax income | 316,000 | 687,000 | 1,122,000 | 1,377,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 316,000 | 687,000 | 1,122,000 | 1,377,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,947,000 | 14,318,000 | 14,754,000 | 13,996,000 |
| Total capital | 14,765,000 | 15,147,000 | 15,615,000 | 14,820,000 |
| Risk-weighted assets | 64,623,000 | 65,454,000 | 68,117,000 | 65,197,000 |