Call reports 2014
CONNECTIONS BANK — 2014
What CONNECTIONS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 55,854,000 | 55,909,000 | 49,701,000 | 48,792,000 |
| Total loans | 23,211,000 | 24,612,000 | 23,706,000 | 24,613,000 |
| Allowance for loan losses | 501,000 | 508,000 | 403,000 | 1,096,000 |
| Securities available for sale | 23,658,000 | 22,289,000 | 20,405,000 | 19,484,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,389,000 | 48,336,000 | 42,179,000 | 40,919,000 |
| Interest-bearing deposits | 45,662,000 | 43,120,000 | 38,825,000 | 36,981,000 |
| Noninterest-bearing deposits | 2,727,000 | 5,216,000 | 3,354,000 | 3,938,000 |
| Equity capital | 6,232,000 | 6,427,000 | 6,353,000 | 5,774,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 665,000 | 1,239,000 | 1,782,000 | 2,297,000 |
| Interest expense | 129,000 | 253,000 | 365,000 | 465,000 |
| Net interest income | 536,000 | 986,000 | 1,417,000 | 1,832,000 |
| Noninterest income | 33,000 | 9,000 | -256,000 | -216,000 |
| Noninterest expense | 289,000 | 721,000 | 1,113,000 | 1,609,000 |
| Provision for loan losses | 0 | 0 | 0 | 885,000 |
| Pretax income | 249,000 | 273,000 | 26,000 | -896,000 |
| Income tax | 100,000 | 100,000 | -17,000 | -304,000 |
| Net income | 149,000 | 173,000 | 43,000 | -592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,683,000 | 5,705,000 | 5,577,000 | 4,942,000 |
| Total capital | 6,085,000 | 6,120,000 | 5,961,000 | 5,333,000 |
| Risk-weighted assets | 32,132,000 | 33,028,000 | 30,765,000 | 30,622,000 |