Call reports 2020
CONNECTIONS BANK — 2020
What CONNECTIONS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 244,238,000 | 265,769,000 | 272,328,000 | 293,261,000 |
| Total loans | 203,383,000 | 227,735,000 | 228,485,000 | 220,851,000 |
| Allowance for loan losses | 2,228,000 | 2,475,000 | 2,872,000 | 2,871,000 |
| Securities available for sale | 15,270,000 | 14,504,000 | 12,153,000 | 9,273,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,855,000 | 240,880,000 | 246,278,000 | 266,644,000 |
| Interest-bearing deposits | 171,670,000 | 180,068,000 | 185,588,000 | 195,613,000 |
| Noninterest-bearing deposits | 48,185,000 | 60,812,000 | 60,689,000 | 71,031,000 |
| Equity capital | 24,045,000 | 24,549,000 | 25,483,000 | 26,272,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,923,000 | 5,999,000 | 9,183,000 | 12,493,000 |
| Interest expense | 321,000 | 565,000 | 806,000 | 1,058,000 |
| Net interest income | 2,602,000 | 5,434,000 | 8,377,000 | 11,435,000 |
| Noninterest income | 252,000 | 732,000 | 1,583,000 | 2,356,000 |
| Noninterest expense | 1,443,000 | 3,089,000 | 4,723,000 | 6,349,000 |
| Provision for loan losses | 150,000 | 400,000 | 800,000 | 1,200,000 |
| Pretax income | 1,261,000 | 2,677,000 | 4,437,000 | 6,243,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,261,000 | 2,677,000 | 4,437,000 | 6,243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,467,000 | 23,941,000 | 24,833,000 | 25,797,000 |