Call reports 2013
FORBRIGHT BANK — 2013
What FORBRIGHT BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 417,476,000 | 424,736,000 | 432,504,000 | 452,702,000 |
| Total loans | 286,201,000 | 291,085,000 | 299,587,000 | 321,416,000 |
| Allowance for loan losses | 3,034,000 | 3,197,000 | 3,290,000 | 3,569,000 |
| Securities available for sale | 76,620,000 | 74,190,000 | 102,495,000 | 62,226,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 342,564,000 | 351,157,000 | 353,699,000 | 372,315,000 |
| Interest-bearing deposits | 253,197,000 | 273,876,000 | 271,364,000 | 281,547,000 |
| Noninterest-bearing deposits | 89,367,000 | 77,281,000 | 82,335,000 | 90,767,000 |
| Equity capital | 33,891,000 | 35,001,000 | 35,588,000 | 37,280,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,270,000 | 8,739,000 | 13,244,000 | 17,977,000 |
| Interest expense | 500,000 | 1,054,000 | 1,640,000 | 2,231,000 |
| Net interest income | 3,770,000 | 7,685,000 | 11,604,000 | 15,746,000 |
| Noninterest income | 567,000 | 1,086,000 | 1,440,000 | 2,089,000 |
| Noninterest expense | 2,883,000 | 5,852,000 | 8,713,000 | 11,765,000 |
| Provision for loan losses | 194,000 | 351,000 | 435,000 | 779,000 |
| Pretax income | 1,260,000 | 2,717,000 | 4,045,000 | 5,417,000 |
| Income tax | 498,000 | 1,074,000 | 1,599,000 | 2,142,000 |
| Net income | 762,000 | 1,643,000 | 2,446,000 | 3,275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,637,000 | 35,518,000 | 36,321,000 | 38,151,000 |
| Total capital | 36,762,000 | 38,809,000 | 39,693,000 | 41,845,000 |
| Risk-weighted assets | 296,206,000 | 303,672,000 | 306,504,000 | 337,650,000 |