Call reports 2010
CONNECTIONS BANK — 2010
What CONNECTIONS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 26,296,000 | 29,492,000 | 36,075,000 | 40,473,000 |
| Total loans | 21,721,000 | 26,696,000 | 27,862,000 | 30,441,000 |
| Allowance for loan losses | 229,000 | 281,000 | 321,000 | 338,000 |
| Securities available for sale | 564,000 | 526,000 | 489,000 | 445,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,517,000 | 24,196,000 | 28,253,000 | 32,594,000 |
| Interest-bearing deposits | 21,075,000 | 22,412,000 | 26,210,000 | 29,152,000 |
| Noninterest-bearing deposits | 1,442,000 | 1,784,000 | 2,044,000 | 3,442,000 |
| Equity capital | 2,671,000 | 2,686,000 | 3,181,000 | 3,252,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 349,000 | 773,000 | 1,259,000 | 1,770,000 |
| Interest expense | 110,000 | 228,000 | 361,000 | 520,000 |
| Net interest income | 239,000 | 545,000 | 898,000 | 1,250,000 |
| Noninterest income | 16,000 | 31,000 | 58,000 | 81,000 |
| Noninterest expense | 210,000 | 463,000 | 711,000 | 974,000 |
| Provision for loan losses | 0 | 53,000 | 94,000 | 124,000 |
| Pretax income | 45,000 | 60,000 | 151,000 | 233,000 |
| Income tax | 0 | 0 | -404,000 | -394,000 |
| Net income | 45,000 | 60,000 | 555,000 | 627,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,657,000 | 2,670,000 | 2,762,000 | 2,848,000 |
| Total capital | 2,885,000 | 2,951,000 | 3,083,000 | 3,186,000 |
| Risk-weighted assets | 21,264,000 | 24,519,000 | 27,162,000 | 27,979,000 |