Call reports 2017
CONNECTONE BANK — 2017
What CONNECTONE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 4,459,723,000 | 4,680,188,000 | 4,843,644,000 | 5,107,342,000 |
| Total loans | 3,633,918,000 | 3,812,696,000 | 3,978,675,000 | 4,196,301,000 |
| Allowance for loan losses | 26,901,000 | 28,401,000 | 29,870,000 | 31,748,000 |
| Securities available for sale | 350,879,000 | 400,888,000 | 399,248,000 | 434,035,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,362,330,000 | 3,438,798,000 | 3,630,895,000 | 3,802,635,000 |
| Interest-bearing deposits | 2,684,294,000 | 2,734,851,000 | 2,904,187,000 | 3,018,285,000 |
| Noninterest-bearing deposits | 678,036,000 | 703,947,000 | 726,708,000 | 784,350,000 |
| Equity capital | 590,156,000 | 595,191,000 | 607,406,000 | 614,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 41,082,000 | 84,772,000 | 131,108,000 | 181,317,000 |
| Interest expense | 7,135,000 | 14,915,000 | 23,420,000 | 33,010,000 |
| Net interest income | 33,947,000 | 69,857,000 | 107,688,000 | 148,307,000 |
| Noninterest income | 1,406,000 | 2,828,000 | 4,584,000 | 6,608,000 |
| Noninterest expense | 18,249,000 | 43,551,000 | 62,193,000 | 78,759,000 |
| Provision for loan losses | 1,100,000 | 2,550,000 | 4,000,000 | 6,000,000 |
| Pretax income | 17,600,000 | 28,180,000 | 47,675,000 | 71,752,000 |
| Income tax | 4,914,000 | 7,001,000 | 12,608,000 | 25,294,000 |
| Net income | 12,686,000 | 21,179,000 | 35,067,000 | 46,458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 444,161,000 | 449,307,000 | 461,300,000 | 468,899,000 |
| Total capital | 471,062,000 | 477,708,000 | 491,170,000 | 500,647,000 |
| Risk-weighted assets | 4,026,922,000 | 4,221,538,000 | 4,378,193,000 | 4,593,794,000 |