Call reports 2016
CONNECTONE BANK — 2016
What CONNECTONE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 4,089,975,000 | 4,263,742,000 | 4,326,748,000 | 4,425,259,000 |
| Total loans | 3,263,813,000 | 3,375,980,000 | 3,460,588,000 | 3,553,837,000 |
| Allowance for loan losses | 29,074,000 | 32,763,000 | 37,615,000 | 25,744,000 |
| Securities available for sale | 189,434,000 | 206,663,000 | 337,042,000 | 351,734,000 |
| Securities held to maturity | 219,373,000 | 214,718,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,896,655,000 | 3,207,090,000 | 3,272,733,000 | 3,351,279,000 |
| Interest-bearing deposits | 2,278,564,000 | 2,552,330,000 | 2,613,265,000 | 2,649,294,000 |
| Noninterest-bearing deposits | 618,091,000 | 654,760,000 | 659,468,000 | 701,984,000 |
| Equity capital | 525,357,000 | 534,124,000 | 549,955,000 | 580,048,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 38,539,000 | 78,605,000 | 119,870,000 | 161,367,000 |
| Interest expense | 6,395,000 | 13,227,000 | 20,568,000 | 27,850,000 |
| Net interest income | 32,144,000 | 65,378,000 | 99,302,000 | 133,517,000 |
| Noninterest income | 1,189,000 | 2,627,000 | 3,985,000 | 5,557,000 |
| Noninterest expense | 14,354,000 | 28,705,000 | 43,256,000 | 58,506,000 |
| Provision for loan losses | 3,000,000 | 6,750,000 | 13,500,000 | 38,700,000 |
| Pretax income | 15,979,000 | 32,653,000 | 50,765,000 | 46,102,000 |
| Income tax | 4,778,000 | 9,782,000 | 15,224,000 | 11,776,000 |
| Net income | 11,201,000 | 22,871,000 | 35,541,000 | 34,326,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 382,063,000 | 390,454,000 | 401,385,000 | 434,067,000 |
| Total capital | 411,137,000 | 423,217,000 | 439,000,000 | 459,811,000 |
| Risk-weighted assets | 3,656,796,000 | 3,744,882,000 | 3,795,254,000 | 3,954,305,000 |