Call reports 2011
CONNECTIONS BANK — 2011
What CONNECTIONS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 59,799,000 | 62,540,000 | 63,086,000 | 61,116,000 |
| Total loans | 26,658,000 | 26,218,000 | 24,683,000 | 22,787,000 |
| Allowance for loan losses | 537,000 | 541,000 | 598,000 | 637,000 |
| Securities available for sale | 25,772,000 | 30,220,000 | 30,859,000 | 29,917,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,071,000 | 53,418,000 | 53,416,000 | 51,502,000 |
| Interest-bearing deposits | 49,008,000 | 50,299,000 | 50,245,000 | 47,760,000 |
| Noninterest-bearing deposits | 3,063,000 | 3,119,000 | 3,171,000 | 3,742,000 |
| Equity capital | 6,096,000 | 6,432,000 | 6,845,000 | 6,830,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 856,000 | 1,654,000 | 2,514,000 | 3,343,000 |
| Interest expense | 227,000 | 449,000 | 671,000 | 873,000 |
| Net interest income | 629,000 | 1,205,000 | 1,843,000 | 2,470,000 |
| Noninterest income | 55,000 | 134,000 | 171,000 | 189,000 |
| Noninterest expense | 365,000 | 724,000 | 1,104,000 | 1,500,000 |
| Provision for loan losses | 150,000 | 300,000 | 425,000 | 581,000 |
| Pretax income | 126,000 | 286,000 | 407,000 | 484,000 |
| Income tax | 34,000 | 71,000 | 111,000 | 151,000 |
| Net income | 92,000 | 215,000 | 296,000 | 333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,385,000 | 5,509,000 | 5,589,000 | 5,627,000 |
| Total capital | 5,858,000 | 5,906,000 | 6,020,000 | 6,075,000 |
| Risk-weighted assets | 37,725,000 | 38,821,000 | 39,996,000 | 35,707,000 |