Call reports 2006
FORTUNEBANK — 2006
What FORTUNEBANK 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 | 25,770,000 | 30,908,000 | 50,174,000 | 61,522,000 |
| Total loans | 12,787,000 | 21,079,000 | 36,525,000 | 49,210,000 |
| Allowance for loan losses | 128,000 | 211,000 | 365,000 | 490,000 |
| Securities available for sale | 0 | 2,482,000 | 2,503,000 | 3,701,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,110,000 | 20,589,000 | 39,842,000 | 50,898,000 |
| Interest-bearing deposits | 12,540,000 | 19,079,000 | 38,363,000 | 48,229,000 |
| Noninterest-bearing deposits | 2,570,000 | 1,510,000 | 1,479,000 | 2,669,000 |
| Equity capital | 10,349,000 | 10,177,000 | 10,102,000 | 10,280,000 |
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 | 222,000 | 668,000 | 1,397,000 | 2,440,000 |
| Interest expense | 64,000 | 247,000 | 599,000 | 1,175,000 |
| Net interest income | 158,000 | 421,000 | 798,000 | 1,265,000 |
| Noninterest income | 159,000 | 301,000 | 734,000 | 1,156,000 |
| Noninterest expense | 396,000 | 839,000 | 1,624,000 | 2,207,000 |
| Provision for loan losses | 108,000 | 191,000 | 345,000 | 470,000 |
| Pretax income | -187,000 | -308,000 | -437,000 | -256,000 |
| Income tax | -59,000 | -69,000 | -110,000 | -105,000 |
| Net income | -128,000 | -239,000 | -327,000 | -151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,386,000 | 6,738,000 | 9,154,000 | 9,342,000 |
| Total capital | 9,514,000 | 6,949,000 | 9,519,000 | 9,811,000 |
| Risk-weighted assets | 12,933,000 | 18,831,000 | 39,894,000 | 38,304,000 |