Call reports 2021
CONNECTIONS BANK — 2021
What CONNECTIONS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 93,915,000 | 94,622,000 | 92,128,000 | 99,364,000 |
| Total loans | 74,632,000 | 75,314,000 | 78,082,000 | 81,095,000 |
| Allowance for loan losses | 863,000 | 882,000 | 912,000 | 999,000 |
| Securities available for sale | 4,585,000 | 4,398,000 | 4,370,000 | 3,673,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,506,000 | 82,170,000 | 79,365,000 | 88,038,000 |
| Interest-bearing deposits | 65,341,000 | 64,929,000 | 64,994,000 | 67,481,000 |
| Noninterest-bearing deposits | 16,165,000 | 17,241,000 | 14,371,000 | 20,557,000 |
| Equity capital | 11,763,000 | 12,061,000 | 12,402,000 | 11,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,036,000 | 2,044,000 | 3,101,000 | 4,286,000 |
| Interest expense | 111,000 | 210,000 | 304,000 | 389,000 |
| Net interest income | 925,000 | 1,834,000 | 2,797,000 | 3,897,000 |
| Noninterest income | 131,000 | 267,000 | 391,000 | 482,000 |
| Noninterest expense | 671,000 | 1,351,000 | 2,019,000 | 2,743,000 |
| Provision for loan losses | 30,000 | 70,000 | 100,000 | 187,000 |
| Pretax income | 355,000 | 680,000 | 1,069,000 | 1,449,000 |
| Income tax | 83,000 | 129,000 | 176,000 | 220,000 |
| Net income | 272,000 | 551,000 | 893,000 | 1,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,271,000 | 10,562,000 | 10,899,000 | 9,565,000 |