Call reports 2005
CONNECTONE BANK — 2005
What CONNECTONE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 42,829,000 | 79,227,000 | 88,901,000 | 101,491,000 |
| Total loans | 8,603,000 | 26,450,000 | 39,462,000 | 54,469,000 |
| Allowance for loan losses | 108,000 | 297,000 | 546,000 | 611,000 |
| Securities available for sale | 0 | 6,987,000 | 11,371,000 | 18,001,000 |
| Securities held to maturity | 0 | 8,472,000 | 12,120,000 | 16,716,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,430,000 | 68,256,000 | 78,181,000 | 87,604,000 |
| Interest-bearing deposits | 24,089,000 | 54,186,000 | 67,701,000 | 72,150,000 |
| Noninterest-bearing deposits | 7,341,000 | 14,070,000 | 10,480,000 | 15,454,000 |
| Equity capital | 11,283,000 | 10,800,000 | 10,393,000 | 13,542,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 160,000 | 755,000 | 1,809,000 | 3,147,000 |
| Interest expense | 66,000 | 381,000 | 890,000 | 1,491,000 |
| Net interest income | 94,000 | 374,000 | 919,000 | 1,656,000 |
| Noninterest income | 21,000 | 70,000 | 122,000 | 188,000 |
| Noninterest expense | 540,000 | 1,185,000 | 1,857,000 | 2,777,000 |
| Provision for loan losses | 108,000 | 297,000 | 546,000 | 611,000 |
| Pretax income | -533,000 | -1,038,000 | -1,362,000 | -1,544,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -533,000 | -1,038,000 | -1,362,000 | -1,544,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,283,000 | 10,778,000 | 10,457,000 | 13,676,000 |
| Total capital | 11,391,000 | 11,075,000 | 11,003,000 | 14,287,000 |
| Risk-weighted assets | 16,021,000 | 37,285,000 | 49,934,000 | 63,846,000 |