Call reports 2014
CONNECTIONS BANK — 2014
What CONNECTIONS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 58,715,000 | 59,609,000 | 60,733,000 | 60,254,000 |
| Total loans | 44,860,000 | 45,960,000 | 46,079,000 | 46,179,000 |
| Allowance for loan losses | 635,000 | 635,000 | 657,000 | 693,000 |
| Securities available for sale | 424,000 | 611,000 | 596,000 | 592,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,374,000 | 48,196,000 | 49,196,000 | 48,525,000 |
| Interest-bearing deposits | 43,647,000 | 44,067,000 | 45,736,000 | 44,302,000 |
| Noninterest-bearing deposits | 3,727,000 | 4,129,000 | 3,460,000 | 4,223,000 |
| Equity capital | 5,708,000 | 5,812,000 | 5,917,000 | 6,053,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 657,000 | 1,294,000 | 1,942,000 | 2,598,000 |
| Interest expense | 141,000 | 279,000 | 420,000 | 559,000 |
| Net interest income | 516,000 | 1,015,000 | 1,522,000 | 2,039,000 |
| Noninterest income | 89,000 | 130,000 | 177,000 | 216,000 |
| Noninterest expense | 346,000 | 690,000 | 1,037,000 | 1,377,000 |
| Provision for loan losses | 22,000 | 30,000 | 58,000 | 58,000 |
| Pretax income | 237,000 | 425,000 | 604,000 | 820,000 |
| Income tax | 62,000 | 146,000 | 218,000 | 301,000 |
| Net income | 175,000 | 279,000 | 386,000 | 519,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,707,000 | 5,811,000 | 5,917,000 | 6,050,000 |
| Total capital | 6,203,000 | 6,303,000 | 6,435,000 | 6,566,000 |
| Risk-weighted assets | 39,558,000 | 39,239,000 | 41,319,000 | 41,091,000 |