Call reports 2021
CONNECT BANK — 2021
What CONNECT BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 108,688,000 | 111,222,000 | 113,349,000 | 112,640,000 |
| Total loans | 63,312,000 | 66,897,000 | 66,164,000 | 63,590,000 |
| Allowance for loan losses | 1,363,000 | 1,391,000 | 1,340,000 | 1,338,000 |
| Securities available for sale | 18,474,000 | 20,783,000 | 25,250,000 | 26,356,000 |
| Securities held to maturity | 10,010,000 | 9,426,000 | 10,948,000 | 10,291,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,521,000 | 91,672,000 | 93,692,000 | 95,368,000 |
| Interest-bearing deposits | 57,203,000 | 59,814,000 | 58,663,000 | 61,457,000 |
| Noninterest-bearing deposits | 32,318,000 | 31,858,000 | 35,029,000 | 33,911,000 |
| Equity capital | 15,827,000 | 16,388,000 | 16,721,000 | 14,535,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,458,000 | 2,846,000 | 4,031,000 | 5,210,000 |
| Interest expense | 95,000 | 178,000 | 257,000 | 328,000 |
| Net interest income | 1,363,000 | 2,668,000 | 3,774,000 | 4,882,000 |
| Noninterest income | 174,000 | 334,000 | 516,000 | 726,000 |
| Noninterest expense | 850,000 | 1,713,000 | 2,610,000 | 3,511,000 |
| Provision for loan losses | 30,000 | 60,000 | 80,000 | 80,000 |
| Pretax income | 657,000 | 1,234,000 | 1,605,000 | 2,022,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 657,000 | 1,234,000 | 1,605,000 | 2,022,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,847,000 | 16,424,000 | 16,794,000 | 15,212,000 |