Call reports 2012
FORTRESS BANK — 2012
What FORTRESS BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 261,010,000 | 261,169,000 | 263,069,000 | 272,002,000 |
| Total loans | 176,005,000 | 180,028,000 | 181,367,000 | 195,692,000 |
| Allowance for loan losses | 2,030,000 | 2,092,000 | 2,189,000 | 2,345,000 |
| Securities available for sale | 45,920,000 | 44,438,000 | 42,034,000 | 38,077,000 |
| Securities held to maturity | 2,764,000 | 3,681,000 | 4,970,000 | 5,450,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 213,990,000 | 213,448,000 | 214,408,000 | 218,223,000 |
| Interest-bearing deposits | 182,099,000 | 182,695,000 | 182,898,000 | 185,657,000 |
| Noninterest-bearing deposits | 31,891,000 | 30,753,000 | 31,510,000 | 32,566,000 |
| Equity capital | 33,711,000 | 33,724,000 | 33,833,000 | 33,899,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,423,000 | 4,895,000 | 7,365,000 | 9,840,000 |
| Interest expense | 425,000 | 817,000 | 1,201,000 | 1,565,000 |
| Net interest income | 1,998,000 | 4,078,000 | 6,164,000 | 8,275,000 |
| Noninterest income | 441,000 | 990,000 | 1,638,000 | 2,287,000 |
| Noninterest expense | 1,917,000 | 3,875,000 | 5,807,000 | 7,771,000 |
| Provision for loan losses | 123,000 | 240,000 | 353,000 | 515,000 |
| Pretax income | 399,000 | 953,000 | 1,642,000 | 2,276,000 |
| Income tax | 116,000 | 325,000 | 579,000 | 698,000 |
| Net income | 283,000 | 628,000 | 1,063,000 | 1,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,106,000 | 22,031,000 | 22,177,000 | 22,430,000 |
| Total capital | 24,136,000 | 24,123,000 | 24,366,000 | 24,775,000 |
| Risk-weighted assets | 185,504,000 | 190,158,000 | 192,702,000 | 205,405,000 |