Call reports 2022
CONNECTIONS BANK — 2022
What CONNECTIONS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 94,335,000 | 99,046,000 | 106,894,000 | 114,712,000 |
| Total loans | 82,547,000 | 85,862,000 | 94,241,000 | 102,100,000 |
| Allowance for loan losses | 1,028,000 | 1,055,000 | 1,084,000 | 1,113,000 |
| Securities available for sale | 3,524,000 | 3,372,000 | 3,240,000 | 3,055,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,947,000 | 82,421,000 | 86,681,000 | 87,232,000 |
| Interest-bearing deposits | 67,965,000 | 66,134,000 | 70,695,000 | 72,280,000 |
| Noninterest-bearing deposits | 14,982,000 | 16,287,000 | 15,986,000 | 14,952,000 |
| Equity capital | 11,122,000 | 10,965,000 | 11,133,000 | 11,136,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,013,000 | 2,040,000 | 3,167,000 | 4,383,000 |
| Interest expense | 74,000 | 149,000 | 307,000 | 563,000 |
| Net interest income | 939,000 | 1,891,000 | 2,860,000 | 3,820,000 |
| Noninterest income | 77,000 | 176,000 | 264,000 | 346,000 |
| Noninterest expense | 704,000 | 1,422,000 | 2,119,000 | 2,848,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 282,000 | 585,000 | 915,000 | 1,198,000 |
| Income tax | 66,000 | 137,000 | 214,000 | 280,000 |
| Net income | 216,000 | 448,000 | 701,000 | 918,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,795,000 | 9,758,000 | 10,024,000 | 10,003,000 |