Call reports 2010
FORTUNEBANK — 2010
What FORTUNEBANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 141,457,000 | 145,100,000 | 144,652,000 | 146,411,000 |
| Total loans | 103,075,000 | 100,418,000 | 100,204,000 | 99,083,000 |
| Allowance for loan losses | 1,422,000 | 1,435,000 | 1,377,000 | 1,582,000 |
| Securities available for sale | 18,111,000 | 24,591,000 | 26,148,000 | 28,894,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,344,000 | 118,380,000 | 118,124,000 | 118,917,000 |
| Interest-bearing deposits | 105,724,000 | 110,132,000 | 109,954,000 | 109,067,000 |
| Noninterest-bearing deposits | 9,620,000 | 8,248,000 | 8,170,000 | 9,850,000 |
| Equity capital | 12,433,000 | 12,835,000 | 12,907,000 | 13,958,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,709,000 | 3,424,000 | 5,141,000 | 6,774,000 |
| Interest expense | 737,000 | 1,470,000 | 2,166,000 | 2,833,000 |
| Net interest income | 972,000 | 1,954,000 | 2,975,000 | 3,941,000 |
| Noninterest income | 304,000 | 622,000 | 823,000 | 1,258,000 |
| Noninterest expense | 989,000 | 1,989,000 | 2,994,000 | 4,185,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 515,000 |
| Pretax income | 266,000 | 545,000 | 741,000 | 669,000 |
| Income tax | 99,000 | 203,000 | 275,000 | 248,000 |
| Net income | 167,000 | 342,000 | 466,000 | 421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,682,000 | 11,871,000 | 11,896,000 | 13,364,000 |
| Total capital | 13,027,000 | 13,191,000 | 13,210,000 | 14,668,000 |
| Risk-weighted assets | 107,528,000 | 105,481,000 | 105,031,000 | 104,062,000 |