Call reports 2003

FORTRESS BANK — 2003

Name: FORTRESS BANK — FFIEC call report 2003
Creator: FORTRESS BANK

What FORTRESS BANK reported to the FFIEC in 2003, quarter by quarter.

PERIOD: 2003SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/830a0e9e-3beb-4ced-9d4f-6d63063d28f1/2003

Balance sheet

What the bank holds and owes at quarter end

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Total assets	133,992,000	133,187,000	133,210,000	131,597,000
Total loans	85,075,000	86,150,000	86,285,000	87,944,000
Allowance for loan losses	564,000	584,000	598,000	616,000
Securities available for sale	35,373,000	32,926,000	29,901,000	28,333,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	109,182,000	106,523,000	109,039,000	105,152,000
Interest-bearing deposits	96,709,000	94,734,000	98,057,000	91,963,000
Noninterest-bearing deposits	12,473,000	11,789,000	10,982,000	13,189,000
Equity capital	13,199,000	13,724,000	13,447,000	13,328,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Interest income	1,845,000	3,612,000	5,324,000	6,997,000
Interest expense	665,000	1,284,000	1,853,000	2,384,000
Net interest income	1,180,000	2,328,000	3,471,000	4,613,000
Noninterest income	193,000	411,000	640,000	848,000
Noninterest expense	824,000	1,685,000	2,568,000	3,470,000
Provision for loan losses	18,000	36,000	54,000	72,000
Pretax income	565,000	1,089,000	1,566,000	1,996,000
Income tax	169,000	302,000	439,000	555,000
Net income	396,000	787,000	1,127,000	1,441,000

Basel measures — not reported for every quarter

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Tier 1 capital	9,118,000	9,511,000	9,603,000	9,489,000
Total capital	9,682,000	10,095,000	10,201,000	10,105,000
Risk-weighted assets	92,755,000	92,102,000	94,047,000	95,151,000