Call reports 2019
CONNECTONE BANK — 2019
What CONNECTONE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 6,048,227,000 | 6,108,911,000 | 6,161,114,000 | 6,173,877,000 |
| Total loans | 4,973,019,000 | 5,090,492,000 | 5,143,716,000 | 5,146,777,000 |
| Allowance for loan losses | 36,858,000 | 37,698,000 | 38,771,000 | 38,293,000 |
| Securities available for sale | 516,367,000 | 441,761,000 | 425,699,000 | 404,551,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,614,085,000 | 4,661,816,000 | 4,770,940,000 | 4,788,934,000 |
| Interest-bearing deposits | 3,760,908,000 | 3,827,508,000 | 3,923,044,000 | 3,905,813,000 |
| Noninterest-bearing deposits | 853,177,000 | 834,308,000 | 847,896,000 | 883,121,000 |
| Equity capital | 762,576,000 | 779,327,000 | 801,473,000 | 810,705,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 65,207,000 | 133,082,000 | 203,471,000 | 271,479,000 |
| Interest expense | 18,832,000 | 39,754,000 | 60,313,000 | 79,471,000 |
| Net interest income | 46,375,000 | 93,328,000 | 143,158,000 | 192,008,000 |
| Noninterest income | 1,627,000 | 3,420,000 | 5,729,000 | 8,013,000 |
| Noninterest expense | 28,059,000 | 49,645,000 | 70,024,000 | 92,220,000 |
| Provision for loan losses | 4,500,000 | 5,600,000 | 7,600,000 | 8,100,000 |
| Pretax income | 15,591,000 | 41,801,000 | 71,361,000 | 99,760,000 |
| Income tax | 2,493,000 | 7,994,000 | 14,434,000 | 20,631,000 |
| Net income | 13,098,000 | 33,807,000 | 56,927,000 | 79,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 599,115,000 | 607,500,000 | 628,233,000 | 638,078,000 |
| Total capital | 668,223,000 | 677,448,000 | 699,254,000 | 708,621,000 |
| Risk-weighted assets | 5,361,524,000 | 5,464,956,000 | 5,593,672,000 | 5,609,610,000 |