Call reports 2020
CONNECT BANK — 2020
What CONNECT BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 97,553,000 | 100,417,000 | 102,200,000 | 101,382,000 |
| Total loans | 68,553,000 | 69,644,000 | 70,228,000 | 62,332,000 |
| Allowance for loan losses | 1,711,000 | 1,285,000 | 1,415,000 | 1,335,000 |
| Securities available for sale | 10,186,000 | 10,172,000 | 13,720,000 | 14,015,000 |
| Securities held to maturity | 9,498,000 | 10,888,000 | 10,813,000 | 10,665,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,947,000 | 80,591,000 | 82,262,000 | 82,431,000 |
| Interest-bearing deposits | 56,872,000 | 55,276,000 | 55,431,000 | 56,412,000 |
| Noninterest-bearing deposits | 21,075,000 | 25,315,000 | 26,831,000 | 26,019,000 |
| Equity capital | 15,292,000 | 15,735,000 | 16,139,000 | 15,345,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,192,000 | 2,536,000 | 3,758,000 | 4,896,000 |
| Interest expense | 176,000 | 333,000 | 474,000 | 594,000 |
| Net interest income | 1,016,000 | 2,203,000 | 3,284,000 | 4,302,000 |
| Noninterest income | 164,000 | 308,000 | 483,000 | 636,000 |
| Noninterest expense | 872,000 | 1,743,000 | 2,630,000 | 3,529,000 |
| Provision for loan losses | 30,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 284,000 | 724,000 | 1,107,000 | 1,384,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 284,000 | 724,000 | 1,107,000 | 1,384,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,114,000 | 15,554,000 | 15,938,000 | 15,189,000 |