Call reports 2023
CONNECTONE BANK — 2023
What CONNECTONE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 9,955,819,000 | 9,717,234,000 | 9,672,207,000 | 9,848,491,000 |
| Total loans | 8,143,316,000 | 8,149,629,000 | 8,181,109,000 | 8,345,145,000 |
| Allowance for loan losses | 87,002,000 | 89,205,000 | 88,230,000 | 81,974,000 |
| Securities available for sale | 629,001,000 | 612,819,000 | 581,867,000 | 617,162,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,790,191,000 | 7,574,577,000 | 7,472,873,000 | 7,572,088,000 |
| Interest-bearing deposits | 6,407,911,000 | 6,182,004,000 | 6,214,370,000 | 6,276,838,000 |
| Noninterest-bearing deposits | 1,382,280,000 | 1,392,573,000 | 1,258,503,000 | 1,295,250,000 |
| Equity capital | 1,196,987,000 | 1,235,866,000 | 1,227,904,000 | 1,253,497,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 116,097,000 | 237,422,000 | 361,107,000 | 490,065,000 |
| Interest expense | 47,254,000 | 103,950,000 | 163,966,000 | 229,789,000 |
| Net interest income | 68,843,000 | 133,472,000 | 197,141,000 | 260,276,000 |
| Noninterest income | 2,965,000 | 6,631,000 | 10,449,000 | 14,099,000 |
| Noninterest expense | 34,844,000 | 70,254,000 | 106,002,000 | 143,818,000 |
| Provision for loan losses | 972,000 | 4,217,000 | 5,721,000 | 8,424,000 |
| Pretax income | 35,903,000 | 65,632,000 | 95,649,000 | 122,371,000 |
| Income tax | 9,077,000 | 16,514,000 | 23,742,000 | 29,955,000 |
| Net income | 26,826,000 | 49,118,000 | 71,907,000 | 92,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,015,381,000 | 1,054,606,000 | 1,066,568,000 | 1,074,204,000 |
| Total capital | 1,130,514,000 | 1,145,897,000 | 1,156,880,000 | 1,158,572,000 |
| Risk-weighted assets | 8,516,692,000 | 8,598,858,000 | 8,611,827,000 | 8,725,397,000 |