Call reports 2014
FORTUNEBANK — 2014
What FORTUNEBANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 139,308,000 | 147,881,000 | 149,827,000 | 153,633,000 |
| Total loans | 104,532,000 | 104,994,000 | 113,843,000 | 119,112,000 |
| Allowance for loan losses | 1,523,000 | 1,361,000 | 1,393,000 | 1,655,000 |
| Securities available for sale | 16,191,000 | 16,112,000 | 15,216,000 | 14,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,776,000 | 121,975,000 | 122,561,000 | 119,896,000 |
| Interest-bearing deposits | 98,797,000 | 105,722,000 | 107,980,000 | 108,274,000 |
| Noninterest-bearing deposits | 14,979,000 | 16,253,000 | 14,581,000 | 11,622,000 |
| Equity capital | 15,044,000 | 15,311,000 | 15,120,000 | 15,396,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,406,000 | 2,794,000 | 4,273,000 | 5,851,000 |
| Interest expense | 343,000 | 690,000 | 1,048,000 | 1,413,000 |
| Net interest income | 1,063,000 | 2,104,000 | 3,225,000 | 4,438,000 |
| Noninterest income | 487,000 | 1,223,000 | 1,898,000 | 2,952,000 |
| Noninterest expense | 1,425,000 | 2,929,000 | 4,477,000 | 6,111,000 |
| Provision for loan losses | 0 | 116,000 | 567,000 | 898,000 |
| Pretax income | 126,000 | 283,000 | 80,000 | 396,000 |
| Income tax | 49,000 | 97,000 | 56,000 | 178,000 |
| Net income | 77,000 | 186,000 | 24,000 | 218,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,059,000 | 14,241,000 | 14,195,000 | 14,361,000 |
| Total capital | 15,351,000 | 15,602,000 | 15,588,000 | 15,868,000 |
| Risk-weighted assets | 103,091,000 | 109,487,000 | 114,675,000 | 120,428,000 |