Call reports 2017
FORTUNEBANK — 2017
What FORTUNEBANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 185,489,000 | 190,109,000 | 189,002,000 | 191,443,000 |
| Total loans | 144,485,000 | 148,047,000 | 152,241,000 | 156,598,000 |
| Allowance for loan losses | 2,177,000 | 2,122,000 | 2,026,000 | 1,831,000 |
| Securities available for sale | 10,376,000 | 10,180,000 | 9,869,000 | 9,257,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,123,000 | 162,887,000 | 151,243,000 | 163,769,000 |
| Interest-bearing deposits | 140,167,000 | 141,660,000 | 135,126,000 | 143,851,000 |
| Noninterest-bearing deposits | 15,956,000 | 21,227,000 | 16,117,000 | 19,918,000 |
| Equity capital | 15,536,000 | 15,848,000 | 16,083,000 | 16,178,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,873,000 | 3,817,000 | 5,881,000 | 8,012,000 |
| Interest expense | 425,000 | 852,000 | 1,298,000 | 1,747,000 |
| Net interest income | 1,448,000 | 2,965,000 | 4,583,000 | 6,265,000 |
| Noninterest income | 564,000 | 1,313,000 | 2,073,000 | 2,986,000 |
| Noninterest expense | 1,874,000 | 3,886,000 | 5,766,000 | 7,826,000 |
| Provision for loan losses | 655,000 | 665,000 | 793,000 | 1,004,000 |
| Pretax income | -517,000 | -273,000 | 97,000 | 421,000 |
| Income tax | -188,000 | -103,000 | 35,000 | 211,000 |
| Net income | -329,000 | -170,000 | 62,000 | 210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,745,000 | 15,017,000 | 14,970,000 | 15,165,000 |
| Total capital | 16,696,000 | 16,941,000 | 16,945,000 | 16,996,000 |
| Risk-weighted assets | 155,889,000 | 153,698,000 | 157,980,000 | 154,545,000 |