Call reports 2021
CONNECTIONS BANK — 2021
What CONNECTIONS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 322,676,000 | 326,954,000 | 336,382,000 | 337,033,000 |
| Total loans | 219,992,000 | 231,481,000 | 234,929,000 | 242,168,000 |
| Allowance for loan losses | 3,017,000 | 3,061,000 | 3,106,000 | 3,123,000 |
| Securities available for sale | 8,804,000 | 7,885,000 | 7,871,000 | 7,549,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,480,000 | 298,800,000 | 307,468,000 | 307,626,000 |
| Interest-bearing deposits | 221,742,000 | 226,018,000 | 230,684,000 | 226,494,000 |
| Noninterest-bearing deposits | 73,739,000 | 72,782,000 | 76,784,000 | 81,131,000 |
| Equity capital | 26,809,000 | 27,576,000 | 28,427,000 | 29,017,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,008,000 | 6,114,000 | 9,354,000 | 12,486,000 |
| Interest expense | 229,000 | 450,000 | 643,000 | 825,000 |
| Net interest income | 2,779,000 | 5,664,000 | 8,711,000 | 11,661,000 |
| Noninterest income | 519,000 | 982,000 | 1,352,000 | 1,681,000 |
| Noninterest expense | 1,669,000 | 3,388,000 | 5,094,000 | 6,760,000 |
| Provision for loan losses | 150,000 | 195,000 | 240,000 | 270,000 |
| Pretax income | 1,479,000 | 3,063,000 | 4,729,000 | 6,312,000 |
| Income tax | 0 | 2,000 | 4,000 | 6,000 |
| Net income | 1,479,000 | 3,061,000 | 4,725,000 | 6,306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,388,000 | 27,178,000 | 28,042,000 | 28,674,000 |
| Total capital | — | — | 31,148,000 | 31,797,000 |
| Risk-weighted assets | — | — | 266,977,000 | 270,443,000 |