Call reports 2021
CONNECTONE BANK — 2021
What CONNECTONE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 7,449,488,000 | 7,709,752,000 | 7,948,834,000 | 8,128,599,000 |
| Total loans | 6,284,091,000 | 6,414,063,000 | 6,582,035,000 | 6,828,872,000 |
| Allowance for loan losses | 80,568,000 | 78,684,000 | 77,986,000 | 78,773,000 |
| Securities available for sale | 441,872,000 | 458,782,000 | 462,733,000 | 534,357,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,983,551,000 | 6,224,836,000 | 6,535,711,000 | 6,466,601,000 |
| Interest-bearing deposits | 4,566,373,000 | 4,706,561,000 | 4,897,584,000 | 4,715,904,000 |
| Noninterest-bearing deposits | 1,417,178,000 | 1,518,275,000 | 1,638,127,000 | 1,750,697,000 |
| Equity capital | 1,025,424,000 | 1,054,017,000 | 1,082,807,000 | 1,111,520,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 72,621,000 | 145,672,000 | 222,698,000 | 301,739,000 |
| Interest expense | 9,710,000 | 18,004,000 | 25,036,000 | 31,868,000 |
| Net interest income | 62,911,000 | 127,668,000 | 197,662,000 | 269,871,000 |
| Noninterest income | 3,613,000 | 7,867,000 | 11,961,000 | 15,868,000 |
| Noninterest expense | 26,483,000 | 52,741,000 | 80,872,000 | 108,944,000 |
| Provision for loan losses | -5,276,000 | -6,962,000 | -6,046,000 | -5,018,000 |
| Pretax income | 45,620,000 | 90,240,000 | 135,050,000 | 182,172,000 |
| Income tax | 10,871,000 | 21,523,000 | 32,404,000 | 44,705,000 |
| Net income | 34,749,000 | 68,717,000 | 102,646,000 | 137,467,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 803,447,000 | 832,047,000 | 862,103,000 | 891,730,000 |
| Total capital | 914,276,000 | 942,981,000 | 972,339,000 | 1,002,753,000 |
| Risk-weighted assets | 6,284,303,000 | 6,699,988,000 | 7,146,894,000 | 7,458,694,000 |