Call reports 2017
CONNECTIONS BANK — 2017
What CONNECTIONS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 54,765,000 | 52,544,000 | 53,731,000 | 51,608,000 |
| Total loans | 43,684,000 | 43,732,000 | 43,870,000 | 43,299,000 |
| Allowance for loan losses | 558,000 | 0 | 35,000 | 33,000 |
| Securities available for sale | 3,837,000 | 3,793,000 | 3,477,000 | 3,432,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,649,000 | 43,915,000 | 45,285,000 | 43,947,000 |
| Interest-bearing deposits | 40,850,000 | 39,397,000 | 40,961,000 | 39,048,000 |
| Noninterest-bearing deposits | 4,800,000 | 4,518,000 | 4,324,000 | 4,899,000 |
| Equity capital | 6,928,000 | 6,121,000 | 5,914,000 | 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 | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 602,000 | 98,000 | 747,000 | 1,363,000 |
| Interest expense | 103,000 | 16,000 | 120,000 | 227,000 |
| Net interest income | 499,000 | 82,000 | 627,000 | 1,136,000 |
| Noninterest income | 34,000 | 3,000 | 32,000 | 88,000 |
| Noninterest expense | 292,000 | 52,000 | 336,000 | 622,000 |
| Provision for loan losses | 0 | 0 | 36,000 | 33,000 |
| Pretax income | 241,000 | 33,000 | 287,000 | 569,000 |
| Income tax | 90,000 | 12,000 | 108,000 | 224,000 |
| Net income | 151,000 | 21,000 | 179,000 | 345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,929,000 | 4,811,000 | 4,973,000 | 5,288,000 |
| Total capital | 7,379,000 | 4,811,000 | 5,009,000 | 5,321,000 |
| Risk-weighted assets | 35,866,000 | 39,199,000 | 38,509,000 | 38,361,000 |