Call reports 2014
CONNECTIONS BANK — 2014
What CONNECTIONS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 108,345,000 | 109,927,000 | 114,906,000 | 122,421,000 |
| Total loans | 75,497,000 | 81,771,000 | 86,350,000 | 91,827,000 |
| Allowance for loan losses | 1,090,000 | 1,107,000 | 1,125,000 | 1,141,000 |
| Securities available for sale | 23,579,000 | 23,678,000 | 23,791,000 | 24,623,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,684,000 | 93,123,000 | 98,106,000 | 105,771,000 |
| Interest-bearing deposits | 74,537,000 | 72,739,000 | 78,946,000 | 86,307,000 |
| Noninterest-bearing deposits | 19,147,000 | 20,384,000 | 19,160,000 | 19,464,000 |
| Equity capital | 9,782,000 | 10,229,000 | 10,547,000 | 11,007,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,237,000 | 2,517,000 | 3,864,000 | 5,271,000 |
| Interest expense | 116,000 | 233,000 | 353,000 | 479,000 |
| Net interest income | 1,121,000 | 2,284,000 | 3,511,000 | 4,792,000 |
| Noninterest income | 110,000 | 215,000 | 337,000 | 449,000 |
| Noninterest expense | 643,000 | 1,252,000 | 1,890,000 | 2,554,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 573,000 | 1,217,000 | 1,913,000 | 2,627,000 |
| Income tax | -75,000 | -57,000 | -37,000 | -17,000 |
| Net income | 648,000 | 1,274,000 | 1,950,000 | 2,644,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,726,000 | 9,827,000 | 10,028,000 | 10,352,000 |
| Total capital | 10,675,000 | 10,836,000 | 11,083,000 | 11,477,000 |
| Risk-weighted assets | 75,755,000 | 80,657,000 | 84,353,000 | 90,005,000 |