Call reports 2003
CONNECTIONS BANK — 2003
What CONNECTIONS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 21,053,000 | 21,819,000 | 22,872,000 | 25,715,000 |
| Total loans | 16,049,000 | 16,745,000 | 16,679,000 | 19,882,000 |
| Allowance for loan losses | 112,000 | 124,000 | 133,000 | 147,000 |
| Securities available for sale | 2,104,000 | 2,705,000 | 2,916,000 | 3,458,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,889,000 | 18,591,000 | 19,482,000 | 21,008,000 |
| Interest-bearing deposits | 16,780,000 | 17,498,000 | 18,079,000 | 19,619,000 |
| Noninterest-bearing deposits | 1,109,000 | 1,093,000 | 1,403,000 | 1,389,000 |
| Equity capital | 2,292,000 | 2,355,000 | 2,340,000 | 2,322,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 293,000 | 611,000 | 919,000 | 1,266,000 |
| Interest expense | 99,000 | 196,000 | 294,000 | 397,000 |
| Net interest income | 194,000 | 415,000 | 625,000 | 869,000 |
| Noninterest income | 27,000 | 50,000 | 62,000 | 87,000 |
| Noninterest expense | 179,000 | 355,000 | 558,000 | 784,000 |
| Provision for loan losses | 9,000 | 21,000 | 33,000 | 65,000 |
| Pretax income | 33,000 | 89,000 | 107,000 | 118,000 |
| Income tax | 0 | 5,000 | 7,000 | 13,000 |
| Net income | 33,000 | 84,000 | 100,000 | 105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,635,000 | 1,686,000 | 1,702,000 | 1,707,000 |
| Total capital | 1,747,000 | 1,810,000 | 1,835,000 | 1,854,000 |
| Risk-weighted assets | 16,106,000 | 16,614,000 | 16,642,000 | 19,209,000 |