Call reports 2011
FORTRESS BANK — 2011
What FORTRESS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 241,820,000 | 253,820,000 | 258,580,000 | 255,965,000 |
| Total loans | 169,543,000 | 177,325,000 | 177,561,000 | 175,369,000 |
| Allowance for loan losses | 2,147,000 | 2,229,000 | 2,289,000 | 2,317,000 |
| Securities available for sale | 44,070,000 | 41,641,000 | 44,158,000 | 42,768,000 |
| Securities held to maturity | 0 | 3,107,000 | 3,029,000 | 2,926,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,864,000 | 209,964,000 | 211,321,000 | 208,604,000 |
| Interest-bearing deposits | 174,188,000 | 182,566,000 | 182,810,000 | 177,984,000 |
| Noninterest-bearing deposits | 25,676,000 | 27,398,000 | 28,511,000 | 30,620,000 |
| Equity capital | 32,055,000 | 32,558,000 | 33,145,000 | 33,549,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,568,000 | 5,209,000 | 7,924,000 | 10,572,000 |
| Interest expense | 562,000 | 1,098,000 | 1,637,000 | 2,088,000 |
| Net interest income | 2,006,000 | 4,111,000 | 6,287,000 | 8,484,000 |
| Noninterest income | 299,000 | 585,000 | 965,000 | 1,389,000 |
| Noninterest expense | 1,748,000 | 3,507,000 | 5,313,000 | 7,170,000 |
| Provision for loan losses | 576,000 | 656,000 | 717,000 | 777,000 |
| Pretax income | -19,000 | 533,000 | 1,222,000 | 1,927,000 |
| Income tax | -38,000 | 144,000 | 371,000 | 606,000 |
| Net income | 19,000 | 389,000 | 851,000 | 1,321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,148,000 | 20,523,000 | 21,113,000 | 21,707,000 |
| Total capital | 22,295,000 | 22,752,000 | 23,402,000 | 24,024,000 |
| Risk-weighted assets | 176,625,000 | 183,712,000 | 187,289,000 | 184,548,000 |