Call reports 2018
CONNECTONE BANK — 2018
What CONNECTONE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 5,157,196,000 | 5,274,739,000 | 5,368,078,000 | 5,461,570,000 |
| Total loans | 4,248,565,000 | 4,360,854,000 | 4,462,757,000 | 4,541,092,000 |
| Allowance for loan losses | 32,529,000 | 33,594,000 | 34,749,000 | 34,954,000 |
| Securities available for sale | 423,684,000 | 399,575,000 | 409,598,000 | 411,692,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,766,489,000 | 3,924,549,000 | 4,007,572,000 | 4,114,163,000 |
| Interest-bearing deposits | 3,010,413,000 | 3,140,259,000 | 3,230,552,000 | 3,323,508,000 |
| Noninterest-bearing deposits | 756,076,000 | 784,289,000 | 777,020,000 | 790,655,000 |
| Equity capital | 646,032,000 | 657,973,000 | 675,319,000 | 692,516,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 50,473,000 | 103,555,000 | 158,904,000 | 216,126,000 |
| Interest expense | 11,003,000 | 23,721,000 | 37,694,000 | 53,332,000 |
| Net interest income | 39,470,000 | 79,834,000 | 121,210,000 | 162,794,000 |
| Noninterest income | 1,407,000 | 2,795,000 | 4,225,000 | 5,739,000 |
| Noninterest expense | 16,938,000 | 33,999,000 | 52,169,000 | 70,453,000 |
| Provision for loan losses | 17,800,000 | 18,900,000 | 20,000,000 | 21,100,000 |
| Pretax income | 5,948,000 | 29,454,000 | 52,941,000 | 76,717,000 |
| Income tax | 444,000 | 5,042,000 | 7,144,000 | 10,782,000 |
| Net income | 5,504,000 | 24,412,000 | 45,797,000 | 65,935,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 504,086,000 | 517,335,000 | 536,863,000 | 552,310,000 |
| Total capital | 568,865,000 | 583,179,000 | 603,862,000 | 619,514,000 |
| Risk-weighted assets | 4,622,338,000 | 4,695,818,000 | 4,802,510,000 | 4,857,539,000 |