Call reports 2007
CONNECTIONS BANK — 2007
What CONNECTIONS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 39,982,000 | 40,067,000 | 39,644,000 | 42,873,000 |
| Total loans | 27,181,000 | 28,292,000 | 28,823,000 | 28,161,000 |
| Allowance for loan losses | 266,000 | 291,000 | 313,000 | 354,000 |
| Securities available for sale | 6,463,000 | 7,476,000 | 7,870,000 | 8,614,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,621,000 | 32,780,000 | 33,316,000 | 34,644,000 |
| Interest-bearing deposits | 29,899,000 | 29,967,000 | 29,898,000 | 31,934,000 |
| Noninterest-bearing deposits | 2,722,000 | 2,813,000 | 3,418,000 | 2,710,000 |
| Equity capital | 3,956,000 | 4,076,000 | 4,355,000 | 4,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 769,000 | 1,555,000 | 2,384,000 | 3,196,000 |
| Interest expense | 356,000 | 692,000 | 1,049,000 | 1,395,000 |
| Net interest income | 413,000 | 863,000 | 1,335,000 | 1,801,000 |
| Noninterest income | 24,000 | 58,000 | 88,000 | 144,000 |
| Noninterest expense | 300,000 | 589,000 | 880,000 | 1,228,000 |
| Provision for loan losses | 30,000 | 55,000 | 90,000 | 130,000 |
| Pretax income | 107,000 | 277,000 | 453,000 | 587,000 |
| Income tax | 0 | 0 | 5,000 | 15,000 |
| Net income | 107,000 | 277,000 | 448,000 | 572,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,259,000 | 3,428,000 | 3,600,000 | 3,597,000 |
| Total capital | 3,525,000 | 3,719,000 | 3,913,000 | 3,951,000 |
| Risk-weighted assets | 28,680,000 | 30,832,000 | 31,617,000 | 32,503,000 |