Call reports 2018
CONNECT BANK — 2018
What CONNECT BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 90,165,000 | 94,669,000 | 94,524,000 | 92,923,000 |
| Total loans | 64,928,000 | 69,927,000 | 69,889,000 | 68,073,000 |
| Allowance for loan losses | 1,629,000 | 1,650,000 | 1,647,000 | 1,645,000 |
| Securities available for sale | 9,743,000 | 9,633,000 | 9,455,000 | 9,500,000 |
| Securities held to maturity | 11,252,000 | 11,052,000 | 11,052,000 | 11,052,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,686,000 | 74,715,000 | 75,688,000 | 76,457,000 |
| Interest-bearing deposits | 54,303,000 | 52,817,000 | 53,519,000 | 54,270,000 |
| Noninterest-bearing deposits | 21,383,000 | 21,898,000 | 22,169,000 | 22,187,000 |
| Equity capital | 13,834,000 | 14,194,000 | 14,498,000 | 13,946,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,080,000 | 2,231,000 | 3,454,000 | 4,686,000 |
| Interest expense | 72,000 | 170,000 | 297,000 | 443,000 |
| Net interest income | 1,008,000 | 2,061,000 | 3,157,000 | 4,243,000 |
| Noninterest income | 159,000 | 308,000 | 456,000 | 852,000 |
| Noninterest expense | 787,000 | 1,567,000 | 2,401,000 | 3,145,000 |
| Provision for loan losses | 30,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 363,000 | 765,000 | 1,175,000 | 1,913,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 363,000 | 765,000 | 1,175,000 | 1,913,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,358,000 | 14,760,000 | 15,170,000 | 14,499,000 |
| Total capital | 15,235,000 | 15,667,000 | 16,067,000 | 15,351,000 |
| Risk-weighted assets | 69,433,000 | 71,876,000 | 71,058,000 | 67,391,000 |