Call reports 2006
FORTRESS BANK — 2006
What FORTRESS BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 159,061,000 | 166,626,000 | 174,459,000 | 175,205,000 |
| Total loans | 90,897,000 | 100,162,000 | 104,662,000 | 109,512,000 |
| Allowance for loan losses | 606,000 | 606,000 | 600,000 | 629,000 |
| Securities available for sale | 53,693,000 | 52,415,000 | 51,823,000 | 50,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,892,000 | 140,151,000 | 145,409,000 | 144,485,000 |
| Interest-bearing deposits | 119,964,000 | 124,509,000 | 130,075,000 | 127,526,000 |
| Noninterest-bearing deposits | 16,928,000 | 15,642,000 | 15,334,000 | 16,958,000 |
| Equity capital | 14,183,000 | 13,503,000 | 14,575,000 | 14,660,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,051,000 | 4,252,000 | 6,683,000 | 9,220,000 |
| Interest expense | 879,000 | 1,907,000 | 3,145,000 | 4,459,000 |
| Net interest income | 1,172,000 | 2,345,000 | 3,538,000 | 4,761,000 |
| Noninterest income | 229,000 | 467,000 | 691,000 | 911,000 |
| Noninterest expense | 1,052,000 | 2,120,000 | 3,193,000 | 4,281,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 45,000 |
| Pretax income | 334,000 | 677,000 | 1,021,000 | 1,346,000 |
| Income tax | 68,000 | 136,000 | 205,000 | 227,000 |
| Net income | 266,000 | 541,000 | 816,000 | 1,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,911,000 | 10,686,000 | 11,412,000 | 11,308,000 |
| Total capital | 11,517,000 | 11,292,000 | 12,012,000 | 11,937,000 |
| Risk-weighted assets | 104,920,000 | 112,919,000 | 118,050,000 | 117,770,000 |