Call reports 2007
CONNECTIONS BANK — 2007
What CONNECTIONS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 21,236,000 | 22,306,000 | 22,262,000 | 23,141,000 |
| Total loans | 8,577,000 | 11,597,000 | 12,129,000 | 13,862,000 |
| Allowance for loan losses | 94,000 | 125,000 | 134,000 | 158,000 |
| Securities available for sale | 5,963,000 | 6,551,000 | 6,547,000 | 5,086,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,186,000 | 19,358,000 | 19,397,000 | 20,344,000 |
| Interest-bearing deposits | 16,776,000 | 17,731,000 | 17,734,000 | 18,762,000 |
| Noninterest-bearing deposits | 1,410,000 | 1,627,000 | 1,664,000 | 1,581,000 |
| Equity capital | 2,953,000 | 2,834,000 | 2,732,000 | 2,654,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 291,000 | 617,000 | 953,000 | 1,300,000 |
| Interest expense | 190,000 | 392,000 | 602,000 | 797,000 |
| Net interest income | 101,000 | 225,000 | 351,000 | 503,000 |
| Noninterest income | 16,000 | 45,000 | 67,000 | 88,000 |
| Noninterest expense | 205,000 | 420,000 | 701,000 | 941,000 |
| Provision for loan losses | 15,000 | 46,000 | 55,000 | 79,000 |
| Pretax income | -103,000 | -196,000 | -338,000 | -429,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -103,000 | -196,000 | -338,000 | -429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,955,000 | 2,844,000 | 2,720,000 | 2,629,000 |
| Total capital | 3,049,000 | 2,969,000 | 2,854,000 | 2,787,000 |
| Risk-weighted assets | 10,636,000 | 12,917,000 | 13,234,000 | 14,851,000 |