Call reports 2024
CONNECTION BANK — 2024
What CONNECTION BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 507,699,000 | 501,080,000 | 508,944,000 | 488,603,000 |
| Total loans | 421,630,000 | 432,353,000 | 429,988,000 | 441,055,000 |
| Allowance for loan losses | 4,776,000 | 4,874,000 | 4,917,000 | 4,960,000 |
| Securities available for sale | 14,022,000 | 13,728,000 | 15,631,000 | 14,847,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 424,266,000 | 416,118,000 | 423,520,000 | 408,955,000 |
| Interest-bearing deposits | 315,246,000 | 306,848,000 | 318,753,000 | 307,749,000 |
| Noninterest-bearing deposits | 109,020,000 | 109,270,000 | 104,767,000 | 101,206,000 |
| Equity capital | 46,881,000 | 47,595,000 | 48,761,000 | 48,350,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,090,000 | 12,328,000 | 18,850,000 | 25,465,000 |
| Interest expense | 2,651,000 | 5,366,000 | 8,309,000 | 11,310,000 |
| Net interest income | 3,439,000 | 6,962,000 | 10,541,000 | 14,155,000 |
| Noninterest income | 613,000 | 1,235,000 | 1,870,000 | 2,499,000 |
| Noninterest expense | 2,591,000 | 5,190,000 | 7,894,000 | 10,923,000 |
| Provision for loan losses | 42,000 | 140,000 | 185,000 | 230,000 |
| Pretax income | 1,416,000 | 2,864,000 | 4,329,000 | 5,498,000 |
| Income tax | 57,000 | 106,000 | 161,000 | 204,000 |
| Net income | 1,359,000 | 2,758,000 | 4,168,000 | 5,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,533,000 | 46,287,000 | 47,052,000 | 47,132,000 |
| Total capital | 50,349,000 | 51,194,000 | 52,002,000 | 52,126,000 |
| Risk-weighted assets | 421,896,000 | 423,887,000 | 423,786,000 | 427,550,000 |
Machine access — free, no API key
Every figure shown here about CONNECTION BANK — 2024 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.