Call reports 2023
CONNECT COMMUNITY BANK — 2023
What CONNECT COMMUNITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 68,634,000 | 69,415,000 | 68,337,000 | 71,849,000 |
| Total loans | 56,166,000 | 56,061,000 | 56,707,000 | 59,245,000 |
| Allowance for loan losses | 716,000 | 716,000 | 716,000 | 716,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,177,000 | 9,868,000 | 9,570,000 | 9,308,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,471,000 | 53,136,000 | 52,252,000 | 51,961,000 |
| Interest-bearing deposits | 51,168,000 | 50,865,000 | 49,761,000 | 50,037,000 |
| Noninterest-bearing deposits | 2,303,000 | 2,271,000 | 2,490,000 | 1,924,000 |
| Equity capital | 6,516,000 | 6,447,000 | 5,929,000 | 5,691,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 629,000 | 1,290,000 | 1,981,000 | 2,701,000 |
| Interest expense | 91,000 | 289,000 | 537,000 | 842,000 |
| Net interest income | 538,000 | 1,001,000 | 1,444,000 | 1,859,000 |
| Noninterest income | 24,000 | 55,000 | 82,000 | 102,000 |
| Noninterest expense | 561,000 | 1,125,000 | 2,085,000 | 2,755,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 1,000 | -69,000 | -559,000 | -827,000 |
| Income tax | 0 | -1,000 | 27,000 | 27,000 |
| Net income | 1,000 | -68,000 | -586,000 | -854,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,516,000 | 6,447,000 | 5,929,000 | 5,691,000 |
| Total capital | 6,946,000 | 6,875,000 | 6,397,000 | 6,144,000 |
| Risk-weighted assets | 34,103,000 | 33,948,000 | 37,221,000 | 36,017,000 |