Call reports 2011
CONNECTIONS BANK — 2011
What CONNECTIONS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 40,641,000 | 47,801,000 | 49,937,000 | 51,585,000 |
| Total loans | 32,238,000 | 37,959,000 | 36,770,000 | 37,403,000 |
| Allowance for loan losses | 500,000 | 499,000 | 498,000 | 798,000 |
| Securities available for sale | 413,000 | 385,000 | 454,000 | 424,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,824,000 | 37,325,000 | 38,730,000 | 41,474,000 |
| Interest-bearing deposits | 29,972,000 | 34,686,000 | 36,393,000 | 38,203,000 |
| Noninterest-bearing deposits | 2,852,000 | 2,639,000 | 2,337,000 | 3,271,000 |
| Equity capital | 3,216,000 | 4,369,000 | 4,583,000 | 4,508,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 507,000 | 1,116,000 | 1,769,000 | 2,396,000 |
| Interest expense | 145,000 | 299,000 | 468,000 | 626,000 |
| Net interest income | 362,000 | 817,000 | 1,301,000 | 1,770,000 |
| Noninterest income | 24,000 | 50,000 | 79,000 | 105,000 |
| Noninterest expense | 260,000 | 545,000 | 839,000 | 1,118,000 |
| Provision for loan losses | 137,000 | 137,000 | 137,000 | 437,000 |
| Pretax income | -11,000 | 185,000 | 404,000 | 320,000 |
| Income tax | 25,000 | 64,000 | 132,000 | 121,000 |
| Net income | -36,000 | 121,000 | 272,000 | 199,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,837,000 | 4,014,000 | 4,283,000 | 4,184,000 |
| Total capital | 3,205,000 | 4,437,000 | 4,739,000 | 4,659,000 |
| Risk-weighted assets | 29,291,000 | 33,728,000 | 36,459,000 | 37,712,000 |