Call reports 2010
CONNECTIONS BANK — 2010
What CONNECTIONS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 80,215,000 | 81,307,000 | 84,954,000 | 86,909,000 |
| Total loans | 50,951,000 | 50,011,000 | 52,569,000 | 50,644,000 |
| Allowance for loan losses | 635,000 | 670,000 | 709,000 | 738,000 |
| Securities available for sale | 22,204,000 | 25,303,000 | 27,176,000 | 32,222,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,837,000 | 69,418,000 | 72,500,000 | 76,364,000 |
| Interest-bearing deposits | 57,073,000 | 57,888,000 | 60,862,000 | 63,617,000 |
| Noninterest-bearing deposits | 11,764,000 | 11,530,000 | 11,638,000 | 12,747,000 |
| Equity capital | 5,918,000 | 6,475,000 | 6,987,000 | 5,124,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,070,000 | 2,128,000 | 3,218,000 | 4,294,000 |
| Interest expense | 238,000 | 486,000 | 720,000 | 940,000 |
| Net interest income | 832,000 | 1,642,000 | 2,498,000 | 3,354,000 |
| Noninterest income | 142,000 | 287,000 | 430,000 | 628,000 |
| Noninterest expense | 480,000 | 947,000 | 1,458,000 | 1,954,000 |
| Provision for loan losses | 45,000 | 80,000 | 115,000 | 160,000 |
| Pretax income | 449,000 | 902,000 | 1,355,000 | 2,057,000 |
| Income tax | 22,000 | -35,000 | -14,000 | 19,000 |
| Net income | 427,000 | 937,000 | 1,369,000 | 2,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,103,000 | 6,374,000 | 6,595,000 | 6,893,000 |
| Total capital | 6,738,000 | 7,044,000 | 7,304,000 | 7,631,000 |
| Risk-weighted assets | 56,100,000 | 54,866,000 | 57,297,000 | 60,972,000 |