Call reports 2014
CONNECTONE BANK — 2014
What CONNECTONE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,347,723,000 | 1,456,381,000 | 3,356,255,000 | 3,446,273,000 |
| Total loans | 1,246,155,000 | 1,323,057,000 | 2,427,685,000 | 2,538,641,000 |
| Allowance for loan losses | 17,035,000 | 18,267,000 | 12,118,000 | 14,160,000 |
| Securities available for sale | 27,199,000 | 27,714,000 | 307,502,000 | 285,627,000 |
| Securities held to maturity | 898,000 | 763,000 | 217,568,000 | 224,682,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,027,835,000 | 1,049,746,000 | 2,465,164,000 | 2,476,153,000 |
| Interest-bearing deposits | 790,884,000 | 814,868,000 | 1,994,013,000 | 1,983,364,000 |
| Noninterest-bearing deposits | 236,951,000 | 234,878,000 | 471,151,000 | 492,789,000 |
| Equity capital | 132,930,000 | 136,419,000 | 444,843,000 | 450,185,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 13,710,000 | 28,187,000 | 61,124,000 | 94,308,000 |
| Interest expense | 2,009,000 | 4,223,000 | 10,141,000 | 14,651,000 |
| Net interest income | 11,701,000 | 23,964,000 | 50,983,000 | 79,657,000 |
| Noninterest income | 343,000 | 734,000 | 3,251,000 | 4,545,000 |
| Noninterest expense | 6,672,000 | 12,994,000 | 39,068,000 | 54,200,000 |
| Provision for loan losses | 1,300,000 | 2,550,000 | 2,209,000 | 4,683,000 |
| Pretax income | 4,072,000 | 9,154,000 | 15,057,000 | 28,136,000 |
| Income tax | 1,464,000 | 3,425,000 | 3,851,000 | 8,970,000 |
| Net income | 2,608,000 | 5,729,000 | 11,206,000 | 19,166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 132,667,000 | 135,757,000 | 293,194,000 | 300,399,000 |
| Total capital | 147,810,000 | 151,694,000 | 305,522,000 | 314,770,000 |
| Risk-weighted assets | 1,212,089,000 | 1,303,572,000 | 2,767,722,000 | 2,887,321,000 |