Call reports 2022
CONNECT BANK — 2022
What CONNECT BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 110,313,000 | 110,393,000 | 112,873,000 | 110,550,000 |
| Total loans | 65,523,000 | 69,247,000 | 70,565,000 | 71,066,000 |
| Allowance for loan losses | 1,362,000 | 1,379,000 | 1,412,000 | 1,396,000 |
| Securities available for sale | 26,565,000 | 23,943,000 | 22,707,000 | 22,290,000 |
| Securities held to maturity | 9,350,000 | 8,948,000 | 8,947,000 | 8,820,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,416,000 | 96,270,000 | 98,857,000 | 97,805,000 |
| Interest-bearing deposits | 62,721,000 | 64,109,000 | 62,904,000 | 63,194,000 |
| Noninterest-bearing deposits | 31,695,000 | 32,161,000 | 35,953,000 | 34,611,000 |
| Equity capital | 13,451,000 | 11,877,000 | 12,000,000 | 10,898,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,149,000 | 2,371,000 | 3,650,000 | 4,944,000 |
| Interest expense | 66,000 | 130,000 | 205,000 | 323,000 |
| Net interest income | 1,083,000 | 2,241,000 | 3,445,000 | 4,621,000 |
| Noninterest income | 215,000 | 402,000 | 579,000 | 756,000 |
| Noninterest expense | 857,000 | 1,700,000 | 2,619,000 | 3,482,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 90,000 |
| Pretax income | 411,000 | 883,000 | 1,315,000 | 1,805,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 411,000 | 883,000 | 1,315,000 | 1,805,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,623,000 | 16,095,000 | 16,527,000 | 15,680,000 |
| Total capital | — | 17,085,000 | — | 16,644,000 |
| Risk-weighted assets | — | 78,843,000 | — | 76,740,000 |