Call reports 2005
FORTRESS BANK — 2005
What FORTRESS BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 156,665,000 | 157,169,000 | 156,752,000 | 158,241,000 |
| Total loans | 82,483,000 | 83,531,000 | 83,353,000 | 86,460,000 |
| Allowance for loan losses | 601,000 | 616,000 | 618,000 | 594,000 |
| Securities available for sale | 59,666,000 | 57,908,000 | 59,872,000 | 57,323,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,740,000 | 132,645,000 | 128,702,000 | 131,567,000 |
| Interest-bearing deposits | 118,728,000 | 116,114,000 | 113,887,000 | 114,306,000 |
| Noninterest-bearing deposits | 15,012,000 | 16,531,000 | 14,815,000 | 17,261,000 |
| Equity capital | 13,845,000 | 14,238,000 | 14,367,000 | 14,007,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,821,000 | 3,705,000 | 5,628,000 | 7,612,000 |
| Interest expense | 604,000 | 1,300,000 | 2,057,000 | 2,846,000 |
| Net interest income | 1,217,000 | 2,405,000 | 3,571,000 | 4,766,000 |
| Noninterest income | 212,000 | 420,000 | 683,000 | 885,000 |
| Noninterest expense | 1,053,000 | 2,108,000 | 3,171,000 | 4,199,000 |
| Provision for loan losses | 15,000 | 30,000 | 35,000 | 20,000 |
| Pretax income | 448,000 | 774,000 | 1,135,000 | 1,569,000 |
| Income tax | 93,000 | 155,000 | 200,000 | 259,000 |
| Net income | 355,000 | 619,000 | 935,000 | 1,310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,082,000 | 10,349,000 | 10,667,000 | 10,644,000 |
| Total capital | 10,683,000 | 10,965,000 | 11,285,000 | 11,238,000 |
| Risk-weighted assets | 95,214,000 | 96,839,000 | 98,133,000 | 102,321,000 |