Call reports 2010
CONNECTONE BANK — 2010
What CONNECTONE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 523,144,000 | 565,688,000 | 575,489,000 | 602,126,000 |
| Total loans | 410,993,000 | 435,116,000 | 476,550,000 | 494,525,000 |
| Allowance for loan losses | 5,340,000 | 5,795,000 | 6,468,000 | 7,414,000 |
| Securities available for sale | 23,868,000 | 24,913,000 | 23,780,000 | 24,024,000 |
| Securities held to maturity | 22,521,000 | 22,781,000 | 20,980,000 | 20,079,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 434,939,000 | 456,849,000 | 459,511,000 | 483,056,000 |
| Interest-bearing deposits | 363,107,000 | 376,579,000 | 380,373,000 | 385,845,000 |
| Noninterest-bearing deposits | 71,832,000 | 80,270,000 | 79,138,000 | 97,211,000 |
| Equity capital | 40,831,000 | 42,125,000 | 43,486,000 | 49,272,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 6,638,000 | 13,551,000 | 20,973,000 | 29,001,000 |
| Interest expense | 1,508,000 | 2,990,000 | 4,538,000 | 6,051,000 |
| Net interest income | 5,130,000 | 10,561,000 | 16,435,000 | 22,950,000 |
| Noninterest income | 159,000 | 346,000 | 575,000 | 861,000 |
| Noninterest expense | 3,104,000 | 6,298,000 | 9,674,000 | 12,940,000 |
| Provision for loan losses | 581,000 | 1,163,000 | 1,953,000 | 2,930,000 |
| Pretax income | 1,604,000 | 3,446,000 | 5,383,000 | 7,941,000 |
| Income tax | 651,000 | 1,399,000 | 2,180,000 | 3,212,000 |
| Net income | 953,000 | 2,047,000 | 3,203,000 | 4,729,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,122,000 | 41,279,000 | 42,679,000 | 48,579,000 |
| Total capital | 45,289,000 | 46,715,000 | 48,617,000 | 54,615,000 |
| Risk-weighted assets | 413,149,000 | 441,587,000 | 475,371,000 | 480,779,000 |