Call reports 2016
FORTUNEBANK — 2016
What FORTUNEBANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 169,642,000 | 182,970,000 | 189,106,000 | 188,284,000 |
| Total loans | 140,474,000 | 144,635,000 | 144,528,000 | 145,811,000 |
| Allowance for loan losses | 1,914,000 | 1,905,000 | 1,972,000 | 2,418,000 |
| Securities available for sale | 8,643,000 | 11,991,000 | 11,026,000 | 10,722,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,737,000 | 153,735,000 | 159,635,000 | 159,381,000 |
| Interest-bearing deposits | 128,500,000 | 139,487,000 | 146,455,000 | 140,467,000 |
| Noninterest-bearing deposits | 12,237,000 | 14,248,000 | 13,180,000 | 18,914,000 |
| Equity capital | 17,060,000 | 17,258,000 | 17,352,000 | 15,802,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,802,000 | 3,593,000 | 5,451,000 | 7,366,000 |
| Interest expense | 400,000 | 813,000 | 1,256,000 | 1,713,000 |
| Net interest income | 1,402,000 | 2,780,000 | 4,195,000 | 5,653,000 |
| Noninterest income | 1,579,000 | 2,415,000 | 3,146,000 | 3,840,000 |
| Noninterest expense | 1,908,000 | 3,860,000 | 5,765,000 | 7,635,000 |
| Provision for loan losses | 161,000 | 165,000 | 288,000 | 2,806,000 |
| Pretax income | 912,000 | 1,170,000 | 1,288,000 | -948,000 |
| Income tax | 333,000 | 429,000 | 465,000 | -428,000 |
| Net income | 579,000 | 741,000 | 823,000 | -520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,438,000 | 16,608,000 | 16,698,000 | 15,363,000 |
| Total capital | 18,226,000 | 18,510,000 | 18,670,000 | 17,321,000 |
| Risk-weighted assets | 142,854,000 | 152,195,000 | 158,586,000 | 156,180,000 |