Call reports 2009
CONNECTONE BANK — 2009
What CONNECTONE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 421,483,000 | 472,991,000 | 490,479,000 | 514,712,000 |
| Total loans | 326,025,000 | 346,904,000 | 375,006,000 | 398,160,000 |
| Allowance for loan losses | 3,556,000 | 3,734,000 | 4,084,000 | 4,759,000 |
| Securities available for sale | 24,580,000 | 24,863,000 | 30,891,000 | 27,537,000 |
| Securities held to maturity | 14,150,000 | 20,004,000 | 14,865,000 | 18,264,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 342,486,000 | 396,948,000 | 414,181,000 | 429,804,000 |
| Interest-bearing deposits | 295,043,000 | 343,143,000 | 351,873,000 | 363,075,000 |
| Noninterest-bearing deposits | 47,443,000 | 53,805,000 | 62,308,000 | 66,729,000 |
| Equity capital | 32,449,000 | 33,935,000 | 34,811,000 | 39,817,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 5,353,000 | 11,121,000 | 17,280,000 | 23,851,000 |
| Interest expense | 2,086,000 | 4,097,000 | 6,082,000 | 7,928,000 |
| Net interest income | 3,267,000 | 7,024,000 | 11,198,000 | 15,923,000 |
| Noninterest income | 73,000 | 155,000 | 261,000 | 415,000 |
| Noninterest expense | 2,365,000 | 5,177,000 | 8,027,000 | 10,969,000 |
| Provision for loan losses | 240,000 | 430,000 | 780,000 | 1,455,000 |
| Pretax income | 735,000 | 1,572,000 | 2,652,000 | 3,914,000 |
| Income tax | 289,000 | 614,000 | 1,037,000 | 1,538,000 |
| Net income | 446,000 | 958,000 | 1,615,000 | 2,376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,024,000 | 33,336,000 | 34,043,000 | 39,154,000 |
| Total capital | 35,580,000 | 37,070,000 | 38,127,000 | 43,913,000 |
| Risk-weighted assets | 326,726,000 | 352,718,000 | 373,229,000 | 401,537,000 |