Call reports 2011
CONNECTONE BANK — 2011
What CONNECTONE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 630,907,000 | 656,175,000 | 696,550,000 | 729,515,000 |
| Total loans | 532,601,000 | 569,951,000 | 622,440,000 | 629,510,000 |
| Allowance for loan losses | 8,024,000 | 8,716,000 | 9,526,000 | 9,616,000 |
| Securities available for sale | 30,861,000 | 33,711,000 | 31,232,000 | 27,435,000 |
| Securities held to maturity | 15,369,000 | 8,355,000 | 4,287,000 | 3,694,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 507,477,000 | 530,323,000 | 564,340,000 | 609,466,000 |
| Interest-bearing deposits | 409,105,000 | 418,891,000 | 451,279,000 | 490,718,000 |
| Noninterest-bearing deposits | 98,372,000 | 111,432,000 | 113,062,000 | 118,748,000 |
| Equity capital | 51,754,000 | 53,435,000 | 55,100,000 | 56,809,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 7,817,000 | 15,936,000 | 24,703,000 | 33,763,000 |
| Interest expense | 1,484,000 | 2,945,000 | 4,537,000 | 6,208,000 |
| Net interest income | 6,333,000 | 12,991,000 | 20,166,000 | 27,555,000 |
| Noninterest income | 176,000 | 368,000 | 592,000 | 930,000 |
| Noninterest expense | 3,312,000 | 6,860,000 | 10,642,000 | 15,056,000 |
| Provision for loan losses | 610,000 | 1,302,000 | 2,202,000 | 2,355,000 |
| Pretax income | 2,587,000 | 5,292,000 | 8,009,000 | 11,169,000 |
| Income tax | 1,044,000 | 2,135,000 | 3,230,000 | 4,504,000 |
| Net income | 1,543,000 | 3,157,000 | 4,779,000 | 6,665,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,127,000 | 52,662,000 | 54,182,000 | 55,851,000 |
| Total capital | 57,618,000 | 59,582,000 | 61,690,000 | 62,962,000 |
| Risk-weighted assets | 517,016,000 | 551,030,000 | 602,732,000 | 566,196,000 |