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Call reports 2024

CONNECTONE BANK — 2024

What CONNECTONE BANK reported to the FFIEC in 2024, quarter by quarter.

PERIOD: 2024SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/a7ed7d91-6173-4272-a593-a046dc3ead25/2024

Balance sheet

What the bank holds and owes at quarter end

Measure2024Q12024Q22024Q32024Q4
Total assets9,845,796,0009,715,227,0009,630,812,0009,870,788,000
Total loans8,297,957,0008,158,338,0008,111,976,0008,275,553,000
Allowance for loan losses82,869,00082,077,00082,494,00082,685,000
Securities available for sale619,397,000620,579,000646,713,000612,847,000
Securities held to maturity0000
Trading assets0000
Total deposits7,622,191,0007,612,620,0007,560,480,0007,856,266,000
Interest-bearing deposits6,298,131,0006,307,132,0006,261,537,0006,398,070,000
Noninterest-bearing deposits1,324,060,0001,305,488,0001,298,943,0001,458,196,000
Equity capital1,256,039,0001,259,300,0001,275,718,0001,276,997,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2024Q12024Q22024Q32024Q4
Interest income129,607,000259,614,000389,856,000517,889,000
Interest expense67,996,000135,252,000203,296,000265,315,000
Net interest income61,611,000124,362,000186,560,000252,574,000
Noninterest income3,762,0008,369,00012,675,00016,248,000
Noninterest expense37,051,00074,593,000113,212,000151,165,000
Provision for loan losses4,057,0006,536,00010,459,00013,984,000
Pretax income24,159,00051,430,00075,890,000103,695,000
Income tax5,878,00012,566,00018,588,00024,673,000
Net income18,281,00038,864,00057,302,00079,022,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2024Q12024Q22024Q32024Q4
Tier 1 capital1,079,059,0001,086,753,0001,097,976,0001,109,149,000
Total capital1,164,450,0001,171,380,0001,182,876,0001,194,249,000
Risk-weighted assets8,681,843,0008,628,178,0008,587,652,0008,779,288,000

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