Call reports 2016
CONNECTIONS BANK — 2016
What CONNECTIONS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 63,922,000 | 60,762,000 | 59,176,000 | 57,958,000 |
| Total loans | 43,324,000 | 45,306,000 | 44,893,000 | 43,265,000 |
| Allowance for loan losses | 550,000 | 555,000 | 555,000 | 556,000 |
| Securities available for sale | 3,576,000 | 4,749,000 | 4,049,000 | 3,911,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,782,000 | 51,018,000 | 50,294,000 | 48,910,000 |
| Interest-bearing deposits | 49,398,000 | 46,827,000 | 45,561,000 | 43,970,000 |
| Noninterest-bearing deposits | 4,384,000 | 4,191,000 | 4,733,000 | 4,940,000 |
| Equity capital | 6,387,000 | 6,516,000 | 6,629,000 | 6,765,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 638,000 | 1,273,000 | 1,878,000 | 2,507,000 |
| Interest expense | 152,000 | 281,000 | 404,000 | 519,000 |
| Net interest income | 486,000 | 992,000 | 1,474,000 | 1,988,000 |
| Noninterest income | 90,000 | 118,000 | 160,000 | 201,000 |
| Noninterest expense | 372,000 | 706,000 | 1,036,000 | 1,316,000 |
| Provision for loan losses | 12,000 | 12,000 | 12,000 | 12,000 |
| Pretax income | 192,000 | 392,000 | 586,000 | 861,000 |
| Income tax | 72,000 | 144,000 | 218,000 | 322,000 |
| Net income | 120,000 | 248,000 | 368,000 | 539,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,382,000 | 6,516,000 | 6,629,000 | 6,802,000 |
| Total capital | 6,847,000 | 6,995,000 | 7,093,000 | 7,247,000 |
| Risk-weighted assets | 37,094,000 | 38,259,000 | 37,007,000 | 35,514,000 |