Call reports 2006
CONNECTIONS BANK — 2006
What CONNECTIONS BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 15,417,000 | 16,505,000 | 18,432,000 | 20,544,000 |
| Total loans | 1,803,000 | 4,647,000 | 5,360,000 | 7,130,000 |
| Allowance for loan losses | 19,000 | 39,000 | 54,000 | 79,000 |
| Securities available for sale | 2,145,000 | 3,129,000 | 3,773,000 | 5,280,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,742,000 | 12,910,000 | 14,866,000 | 17,374,000 |
| Interest-bearing deposits | 10,223,000 | 11,699,000 | 13,415,000 | 15,849,000 |
| Noninterest-bearing deposits | 1,519,000 | 1,211,000 | 1,451,000 | 1,525,000 |
| Equity capital | 3,638,000 | 3,541,000 | 3,477,000 | 3,054,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 125,000 | 312,000 | 540,000 | 799,000 |
| Interest expense | 79,000 | 196,000 | 329,000 | 496,000 |
| Net interest income | 46,000 | 116,000 | 211,000 | 303,000 |
| Noninterest income | 14,000 | 26,000 | 26,000 | 53,000 |
| Noninterest expense | 170,000 | 356,000 | 567,000 | 793,000 |
| Provision for loan losses | 8,000 | 28,000 | 43,000 | 68,000 |
| Pretax income | -118,000 | -242,000 | -373,000 | -505,000 |
| Income tax | -45,000 | -90,000 | -138,000 | -187,000 |
| Net income | -73,000 | -152,000 | -235,000 | -318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,641,000 | 3,588,000 | 3,494,000 | 3,058,000 |
| Total capital | 3,660,000 | 3,627,000 | 3,548,000 | 3,137,000 |
| Risk-weighted assets | 5,587,000 | 7,570,000 | 8,289,000 | 9,517,000 |