Call reports 2019
CONNECTIONS BANK — 2019
What CONNECTIONS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 87,774,000 | 87,119,000 | 88,657,000 | 89,429,000 |
| Total loans | 67,046,000 | 67,436,000 | 70,972,000 | 71,879,000 |
| Allowance for loan losses | 387,000 | 434,000 | 495,000 | 554,000 |
| Securities available for sale | 11,222,000 | 10,572,000 | 9,525,000 | 9,024,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,849,000 | 71,951,000 | 74,514,000 | 77,597,000 |
| Interest-bearing deposits | 59,655,000 | 61,930,000 | 65,325,000 | 67,097,000 |
| Noninterest-bearing deposits | 8,194,000 | 10,021,000 | 9,189,000 | 10,500,000 |
| Equity capital | 10,891,000 | 11,199,000 | 11,209,000 | 11,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,056,000 | 2,142,000 | 3,267,000 | 4,407,000 |
| Interest expense | 239,000 | 500,000 | 773,000 | 1,037,000 |
| Net interest income | 817,000 | 1,642,000 | 2,494,000 | 3,370,000 |
| Noninterest income | 50,000 | 159,000 | 225,000 | 296,000 |
| Noninterest expense | 632,000 | 1,227,000 | 1,830,000 | 2,437,000 |
| Provision for loan losses | 45,000 | 123,000 | 183,000 | 243,000 |
| Pretax income | 190,000 | 450,000 | 703,000 | 983,000 |
| Income tax | 41,000 | 100,000 | 157,000 | 216,000 |
| Net income | 149,000 | 350,000 | 546,000 | 767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,347,000 | 9,560,000 | 9,548,000 | 9,782,000 |
| Total capital | 9,734,000 | 9,994,000 | 10,042,000 | 10,336,000 |
| Risk-weighted assets | 56,318,000 | 57,189,000 | 59,936,000 | 60,429,000 |