Call reports 2022
CONNECTIONS BANK — 2022
What CONNECTIONS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 361,514,000 | 366,126,000 | 354,404,000 | 368,809,000 |
| Total loans | 257,626,000 | 264,792,000 | 273,759,000 | 289,003,000 |
| Allowance for loan losses | 3,182,000 | 3,242,000 | 3,304,000 | 3,363,000 |
| Securities available for sale | 36,730,000 | 41,172,000 | 34,878,000 | 34,811,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 331,779,000 | 335,676,000 | 322,893,000 | 336,579,000 |
| Interest-bearing deposits | 248,075,000 | 254,847,000 | 239,980,000 | 248,023,000 |
| Noninterest-bearing deposits | 83,704,000 | 80,828,000 | 82,913,000 | 88,555,000 |
| Equity capital | 29,277,000 | 29,958,000 | 30,809,000 | 31,682,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,033,000 | 6,468,000 | 10,114,000 | 14,019,000 |
| Interest expense | 179,000 | 367,000 | 716,000 | 1,224,000 |
| Net interest income | 2,854,000 | 6,101,000 | 9,398,000 | 12,795,000 |
| Noninterest income | 302,000 | 613,000 | 894,000 | 1,136,000 |
| Noninterest expense | 1,665,000 | 3,302,000 | 4,967,000 | 6,646,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,431,000 | 3,292,000 | 5,145,000 | 7,045,000 |
| Income tax | 2,000 | 3,000 | 5,000 | 7,000 |
| Net income | 1,429,000 | 3,289,000 | 5,140,000 | 7,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,121,000 | 30,188,000 | 31,247,000 | 32,153,000 |
| Total capital | 32,303,000 | 33,391,000 | 34,415,000 | — |
| Risk-weighted assets | 271,689,000 | 256,216,000 | 253,329,000 | — |