Call reports 2004
CONNECTIONS BANK — 2004
What CONNECTIONS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 27,159,000 | 27,515,000 | 29,084,000 | 30,374,000 |
| Total loans | 19,890,000 | 20,803,000 | 22,063,000 | 23,104,000 |
| Allowance for loan losses | 164,000 | 175,000 | 187,000 | 196,000 |
| Securities available for sale | 3,374,000 | 4,252,000 | 4,324,000 | 4,597,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,605,000 | 23,971,000 | 23,806,000 | 24,681,000 |
| Interest-bearing deposits | 21,928,000 | 21,721,000 | 21,425,000 | 22,177,000 |
| Noninterest-bearing deposits | 1,677,000 | 2,250,000 | 2,381,000 | 2,504,000 |
| Equity capital | 2,485,000 | 2,447,000 | 2,648,000 | 2,771,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 357,000 | 739,000 | 1,160,000 | 1,601,000 |
| Interest expense | 109,000 | 221,000 | 338,000 | 473,000 |
| Net interest income | 248,000 | 518,000 | 822,000 | 1,128,000 |
| Noninterest income | 20,000 | 41,000 | 67,000 | 91,000 |
| Noninterest expense | 217,000 | 452,000 | 720,000 | 966,000 |
| Provision for loan losses | 16,000 | 31,000 | 43,000 | 67,000 |
| Pretax income | 35,000 | 76,000 | 126,000 | 186,000 |
| Income tax | 5,000 | 10,000 | 15,000 | 15,000 |
| Net income | 30,000 | 66,000 | 111,000 | 171,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,837,000 | 1,873,000 | 2,017,000 | 2,158,000 |
| Total capital | 2,001,000 | 2,048,000 | 2,204,000 | 2,354,000 |
| Risk-weighted assets | 19,552,000 | 20,264,000 | 21,337,000 | 22,507,000 |