Call reports 2016
CONNECTIONS BANK — 2016
What CONNECTIONS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 45,020,000 | 43,549,000 | 42,084,000 | 41,252,000 |
| Total loans | 23,062,000 | 23,854,000 | 22,837,000 | 23,112,000 |
| Allowance for loan losses | 67,000 | 127,000 | 175,000 | 220,000 |
| Securities available for sale | 14,474,000 | 13,747,000 | 12,833,000 | 11,967,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,528,000 | 33,815,000 | 32,898,000 | 33,009,000 |
| Interest-bearing deposits | 29,840,000 | 30,810,000 | 29,674,000 | 28,629,000 |
| Noninterest-bearing deposits | 4,688,000 | 3,005,000 | 3,224,000 | 4,380,000 |
| Equity capital | 6,062,000 | 6,212,000 | 6,333,000 | 6,142,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 532,000 | 1,054,000 | 1,577,000 | 2,072,000 |
| Interest expense | 65,000 | 136,000 | 207,000 | 271,000 |
| Net interest income | 467,000 | 918,000 | 1,370,000 | 1,801,000 |
| Noninterest income | 54,000 | 89,000 | 90,000 | 155,000 |
| Noninterest expense | 361,000 | 698,000 | 987,000 | 1,311,000 |
| Provision for loan losses | 61,000 | 116,000 | 161,000 | 206,000 |
| Pretax income | 99,000 | 193,000 | 323,000 | 450,000 |
| Income tax | 35,000 | 71,000 | 104,000 | 144,000 |
| Net income | 64,000 | 122,000 | 219,000 | 306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,385,000 | 5,305,000 | 5,374,000 | 5,439,000 |
| Total capital | 5,452,000 | 5,432,000 | 5,549,000 | 5,659,000 |
| Risk-weighted assets | 28,717,000 | 27,877,000 | 25,446,000 | 24,649,000 |