Call reports 2007
CONNECTONE BANK — 2007
What CONNECTONE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 202,890,000 | 223,993,000 | 235,613,000 | 260,139,000 |
| Total loans | 147,747,000 | 167,204,000 | 189,694,000 | 209,346,000 |
| Allowance for loan losses | 1,418,000 | 1,607,000 | 1,830,000 | 2,002,000 |
| Securities available for sale | 14,752,000 | 16,289,000 | 16,235,000 | 13,154,000 |
| Securities held to maturity | 14,919,000 | 15,552,000 | 15,203,000 | 12,959,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,514,000 | 199,915,000 | 203,874,000 | 228,277,000 |
| Interest-bearing deposits | 159,260,000 | 170,771,000 | 174,029,000 | 194,729,000 |
| Noninterest-bearing deposits | 20,254,000 | 29,144,000 | 29,845,000 | 33,548,000 |
| Equity capital | 19,716,000 | 19,739,000 | 20,135,000 | 23,043,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,077,000 | 6,661,000 | 10,519,000 | 14,714,000 |
| Interest expense | 1,596,000 | 3,489,000 | 5,485,000 | 7,666,000 |
| Net interest income | 1,481,000 | 3,172,000 | 5,034,000 | 7,048,000 |
| Noninterest income | 62,000 | 141,000 | 202,000 | 266,000 |
| Noninterest expense | 1,378,000 | 2,846,000 | 4,440,000 | 6,186,000 |
| Provision for loan losses | 99,000 | 288,000 | 511,000 | 714,000 |
| Pretax income | 66,000 | 179,000 | 285,000 | 414,000 |
| Income tax | 1,000 | 4,000 | 8,000 | -630,000 |
| Net income | 65,000 | 175,000 | 277,000 | 1,044,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,826,000 | 19,965,000 | 20,219,000 | 23,020,000 |
| Total capital | 21,244,000 | 21,572,000 | 22,049,000 | 25,022,000 |
| Risk-weighted assets | 155,413,000 | 173,306,000 | 190,543,000 | 208,173,000 |