Call reports 2011
CONNECTIONS BANK — 2011
What CONNECTIONS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 90,870,000 | 90,877,000 | 88,122,000 | 94,199,000 |
| Total loans | 48,975,000 | 52,839,000 | 53,349,000 | 57,509,000 |
| Allowance for loan losses | 751,000 | 759,000 | 780,000 | 802,000 |
| Securities available for sale | 35,764,000 | 34,697,000 | 22,558,000 | 31,699,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,632,000 | 76,277,000 | 74,272,000 | 79,046,000 |
| Interest-bearing deposits | 67,431,000 | 64,440,000 | 61,418,000 | 64,849,000 |
| Noninterest-bearing deposits | 12,201,000 | 11,837,000 | 12,854,000 | 14,197,000 |
| Equity capital | 5,825,000 | 7,221,000 | 8,618,000 | 8,529,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,074,000 | 2,176,000 | 3,269,000 | 4,300,000 |
| Interest expense | 224,000 | 427,000 | 605,000 | 770,000 |
| Net interest income | 850,000 | 1,749,000 | 2,664,000 | 3,530,000 |
| Noninterest income | 116,000 | 232,000 | 402,000 | 557,000 |
| Noninterest expense | 497,000 | 995,000 | 1,490,000 | 1,971,000 |
| Provision for loan losses | 15,000 | 20,000 | 40,000 | 60,000 |
| Pretax income | 454,000 | 957,000 | 1,527,000 | 2,047,000 |
| Income tax | 17,000 | -53,000 | -31,000 | -12,000 |
| Net income | 437,000 | 1,010,000 | 1,558,000 | 2,059,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,150,000 | 7,442,000 | 7,685,000 | 7,626,000 |
| Total capital | 7,819,000 | 8,201,000 | 8,427,000 | 8,428,000 |
| Risk-weighted assets | 53,418,000 | 62,661,000 | 59,346,000 | 65,338,000 |