Call reports 2018
CONNECTIONS BANK — 2018
What CONNECTIONS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 51,967,000 | 51,360,000 | 52,216,000 | 86,426,000 |
| Total loans | 43,676,000 | 44,281,000 | 43,401,000 | 66,181,000 |
| Allowance for loan losses | 33,000 | 96,000 | 141,000 | 342,000 |
| Securities available for sale | 3,341,000 | 3,293,000 | 3,218,000 | 11,320,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,227,000 | 41,805,000 | 41,303,000 | 69,075,000 |
| Interest-bearing deposits | 39,214,000 | 37,268,000 | 35,951,000 | 60,395,000 |
| Noninterest-bearing deposits | 5,013,000 | 4,537,000 | 5,353,000 | 8,680,000 |
| Equity capital | 6,218,000 | 6,350,000 | 6,256,000 | 10,856,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 635,000 | 1,260,000 | 1,907,000 | 4,463,000 |
| Interest expense | 103,000 | 213,000 | 342,000 | 917,000 |
| Net interest income | 532,000 | 1,047,000 | 1,565,000 | 3,546,000 |
| Noninterest income | 28,000 | 58,000 | 84,000 | 208,000 |
| Noninterest expense | 313,000 | 623,000 | 944,000 | 2,620,000 |
| Provision for loan losses | 0 | 63,000 | 108,000 | 133,000 |
| Pretax income | 247,000 | 419,000 | 597,000 | 1,001,000 |
| Income tax | 61,000 | 102,000 | 146,000 | 224,000 |
| Net income | 186,000 | 317,000 | 451,000 | 777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,257,000 | 5,817,000 | 5,344,000 | 9,411,000 |
| Total capital | 5,290,000 | 5,913,000 | 5,485,000 | 9,753,000 |
| Risk-weighted assets | 36,398,000 | 36,734,000 | 36,753,000 | 56,408,000 |