Call reports 2012
CONNECTONE BANK — 2012
What CONNECTONE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 762,868,000 | 822,322,000 | 882,526,000 | 929,260,000 |
| Total loans | 690,419,000 | 729,846,000 | 804,746,000 | 849,247,000 |
| Allowance for loan losses | 10,382,000 | 11,298,000 | 12,248,000 | 13,246,000 |
| Securities available for sale | 24,454,000 | 23,493,000 | 21,982,000 | 19,252,000 |
| Securities held to maturity | 3,145,000 | 2,733,000 | 2,305,000 | 1,985,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 625,611,000 | 666,432,000 | 724,358,000 | 769,344,000 |
| Interest-bearing deposits | 503,141,000 | 533,038,000 | 575,593,000 | 598,963,000 |
| Noninterest-bearing deposits | 122,470,000 | 133,394,000 | 148,765,000 | 170,381,000 |
| Equity capital | 64,486,000 | 67,953,000 | 70,108,000 | 72,312,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 9,247,000 | 19,222,000 | 29,949,000 | 40,854,000 |
| Interest expense | 1,561,000 | 3,113,000 | 4,725,000 | 6,319,000 |
| Net interest income | 7,686,000 | 16,109,000 | 25,224,000 | 34,535,000 |
| Noninterest income | 301,000 | 973,000 | 824,000 | 1,075,000 |
| Noninterest expense | 4,146,000 | 8,606,000 | 12,938,000 | 17,489,000 |
| Provision for loan losses | 750,000 | 1,890,000 | 2,840,000 | 3,990,000 |
| Pretax income | 3,091,000 | 6,586,000 | 10,270,000 | 14,131,000 |
| Income tax | 1,248,000 | 2,666,000 | 4,153,000 | 5,711,000 |
| Net income | 1,843,000 | 3,920,000 | 6,117,000 | 8,420,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,639,000 | 67,056,000 | 69,181,000 | 71,556,000 |
| Total capital | 71,395,000 | 75,368,000 | 78,314,000 | 81,249,000 |
| Risk-weighted assets | 621,920,000 | 663,873,000 | 730,311,000 | 771,709,000 |