Call reports 2017
CONNECTIONS BANK — 2017
What CONNECTIONS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 41,191,000 | 43,585,000 | 42,516,000 | 40,160,000 |
| Total loans | 24,275,000 | 26,764,000 | 25,167,000 | 26,101,000 |
| Allowance for loan losses | 238,000 | 203,000 | 218,000 | 215,000 |
| Securities available for sale | 11,208,000 | 10,718,000 | 9,941,000 | 9,404,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,861,000 | 34,101,000 | 34,834,000 | 32,338,000 |
| Interest-bearing deposits | 28,221,000 | 30,031,000 | 30,638,000 | 28,640,000 |
| Noninterest-bearing deposits | 3,640,000 | 4,070,000 | 4,196,000 | 3,698,000 |
| Equity capital | 6,355,000 | 4,371,000 | 4,413,000 | 4,340,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 599,000 | 1,082,000 | 1,553,000 | 2,040,000 |
| Interest expense | 66,000 | 142,000 | 234,000 | 324,000 |
| Net interest income | 533,000 | 940,000 | 1,319,000 | 1,716,000 |
| Noninterest income | 45,000 | 112,000 | 125,000 | 113,000 |
| Noninterest expense | 310,000 | 666,000 | 965,000 | 1,349,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 45,000 |
| Pretax income | 253,000 | 356,000 | 440,000 | 441,000 |
| Income tax | 87,000 | 117,000 | 141,000 | 133,000 |
| Net income | 166,000 | 239,000 | 299,000 | 308,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,608,000 | 3,518,000 | 3,676,000 | 3,692,000 |
| Total capital | 5,846,000 | 3,721,000 | 3,894,000 | 3,908,000 |
| Risk-weighted assets | 25,454,000 | 27,542,000 | 25,813,000 | 25,891,000 |