Call reports 2010
CONNECTIONS BANK — 2010
What CONNECTIONS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 59,575,000 | 60,496,000 | 61,941,000 | 61,068,000 |
| Total loans | 28,840,000 | 29,175,000 | 28,836,000 | 27,274,000 |
| Allowance for loan losses | 745,000 | 716,000 | 607,000 | 666,000 |
| Securities available for sale | 25,897,000 | 25,218,000 | 25,683,000 | 25,135,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,978,000 | 53,160,000 | 53,887,000 | 53,051,000 |
| Interest-bearing deposits | 48,662,000 | 49,930,000 | 50,330,000 | 49,394,000 |
| Noninterest-bearing deposits | 3,316,000 | 3,230,000 | 3,557,000 | 3,657,000 |
| Equity capital | 5,508,000 | 5,729,000 | 5,918,000 | 5,898,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 881,000 | 1,786,000 | 2,696,000 | 3,626,000 |
| Interest expense | 263,000 | 522,000 | 777,000 | 1,026,000 |
| Net interest income | 618,000 | 1,264,000 | 1,919,000 | 2,600,000 |
| Noninterest income | 38,000 | 95,000 | 166,000 | 215,000 |
| Noninterest expense | 369,000 | 725,000 | 1,074,000 | 1,454,000 |
| Provision for loan losses | 70,000 | 120,000 | 230,000 | 380,000 |
| Pretax income | 184,000 | 357,000 | 505,000 | 610,000 |
| Income tax | 60,000 | 120,000 | 170,000 | 205,000 |
| Net income | 124,000 | 237,000 | 335,000 | 405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,010,000 | 5,078,000 | 5,224,000 | 5,293,000 |
| Total capital | 5,452,000 | 5,534,000 | 5,693,000 | 5,766,000 |
| Risk-weighted assets | 35,084,000 | 36,234,000 | 37,382,000 | 37,644,000 |