Call reports 2013
CONNECTIONS BANK — 2013
What CONNECTIONS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 58,633,000 | 55,978,000 | 57,555,000 | 58,830,000 |
| Total loans | 42,239,000 | 45,029,000 | 46,421,000 | 46,216,000 |
| Allowance for loan losses | 593,000 | 569,000 | 586,000 | 611,000 |
| Securities available for sale | 297,000 | 272,000 | 253,000 | 240,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,851,000 | 45,065,000 | 46,507,000 | 47,659,000 |
| Interest-bearing deposits | 43,139,000 | 41,819,000 | 43,128,000 | 43,764,000 |
| Noninterest-bearing deposits | 4,712,000 | 3,246,000 | 3,379,000 | 3,895,000 |
| Equity capital | 5,162,000 | 5,301,000 | 5,418,000 | 5,534,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 610,000 | 1,274,000 | 1,948,000 | 2,621,000 |
| Interest expense | 146,000 | 289,000 | 438,000 | 584,000 |
| Net interest income | 464,000 | 985,000 | 1,510,000 | 2,037,000 |
| Noninterest income | 36,000 | 80,000 | 120,000 | 159,000 |
| Noninterest expense | 372,000 | 733,000 | 1,083,000 | 1,419,000 |
| Provision for loan losses | 7,000 | 20,000 | 77,000 | 149,000 |
| Pretax income | 121,000 | 312,000 | 470,000 | 628,000 |
| Income tax | 32,000 | 82,000 | 124,000 | 165,000 |
| Net income | 89,000 | 230,000 | 346,000 | 463,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,006,000 | 5,197,000 | 5,355,000 | 5,512,000 |
| Total capital | 5,482,000 | 5,691,000 | 5,868,000 | 6,022,000 |
| Risk-weighted assets | 37,989,000 | 39,429,000 | 40,996,000 | 40,703,000 |