Call reports 2015
FORTRESS BANK — 2015
What FORTRESS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 303,085,000 | 314,757,000 | 331,868,000 | 331,968,000 |
| Total loans | 220,643,000 | 232,246,000 | 240,104,000 | 251,331,000 |
| Allowance for loan losses | 2,477,000 | 2,578,000 | 2,700,000 | 2,827,000 |
| Securities available for sale | 35,530,000 | 33,973,000 | 34,616,000 | 34,684,000 |
| Securities held to maturity | 6,359,000 | 6,260,000 | 6,177,000 | 6,107,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,990,000 | 255,895,000 | 269,050,000 | 280,992,000 |
| Interest-bearing deposits | 199,897,000 | 211,904,000 | 220,688,000 | 241,141,000 |
| Noninterest-bearing deposits | 41,093,000 | 43,991,000 | 48,362,000 | 39,851,000 |
| Equity capital | 34,899,000 | 34,935,000 | 35,570,000 | 35,778,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,606,000 | 5,323,000 | 8,370,000 | 11,363,000 |
| Interest expense | 310,000 | 619,000 | 944,000 | 1,293,000 |
| Net interest income | 2,296,000 | 4,704,000 | 7,426,000 | 10,070,000 |
| Noninterest income | 713,000 | 1,545,000 | 2,494,000 | 3,303,000 |
| Noninterest expense | 2,269,000 | 4,605,000 | 6,962,000 | 9,311,000 |
| Provision for loan losses | 110,000 | 190,000 | 385,000 | 525,000 |
| Pretax income | 630,000 | 1,454,000 | 2,573,000 | 3,537,000 |
| Income tax | 219,000 | 509,000 | 934,000 | 1,284,000 |
| Net income | 411,000 | 945,000 | 1,639,000 | 2,253,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,434,000 | 25,434,000 | 26,063,000 | 26,386,000 |
| Total capital | 27,911,000 | 28,012,000 | 28,763,000 | 29,213,000 |
| Risk-weighted assets | 216,327,000 | 224,367,000 | 228,991,000 | 242,101,000 |