Call reports 2002
CONNECTIONS BANK — 2002
What CONNECTIONS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 16,638,000 | 17,771,000 | 20,450,000 | 20,451,000 |
| Total loans | 12,967,000 | 14,827,000 | 15,607,000 | 15,533,000 |
| Allowance for loan losses | 74,000 | 83,000 | 95,000 | 103,000 |
| Securities available for sale | 603,000 | 914,000 | 1,205,000 | 1,904,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,049,000 | 14,035,000 | 16,180,000 | 16,331,000 |
| Interest-bearing deposits | 11,740,000 | 13,152,000 | 15,219,000 | 15,216,000 |
| Noninterest-bearing deposits | 1,309,000 | 883,000 | 961,000 | 1,115,000 |
| Equity capital | 2,207,000 | 2,247,000 | 2,269,000 | 2,291,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 235,000 | 504,000 | 799,000 | 1,092,000 |
| Interest expense | 90,000 | 192,000 | 301,000 | 409,000 |
| Net interest income | 145,000 | 312,000 | 498,000 | 683,000 |
| Noninterest income | 13,000 | 33,000 | 46,000 | 59,000 |
| Noninterest expense | 137,000 | 282,000 | 448,000 | 617,000 |
| Provision for loan losses | 4,000 | 13,000 | 25,000 | 33,000 |
| Pretax income | 17,000 | 50,000 | 71,000 | 92,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 17,000 | 50,000 | 71,000 | 92,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,494,000 | 1,602,000 | 1,610,000 | 1,630,000 |
| Total capital | 1,568,000 | 1,685,000 | 1,705,000 | 1,733,000 |
| Risk-weighted assets | 14,802,000 | 16,719,000 | 15,600,000 | 15,743,000 |