Call reports 2018
FORTUNEBANK — 2018
What FORTUNEBANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 197,633,000 | 191,175,000 | 186,700,000 | 193,459,000 |
| Total loans | 156,816,000 | 154,189,000 | 150,061,000 | 151,565,000 |
| Allowance for loan losses | 2,033,000 | 1,905,000 | 1,820,000 | 1,834,000 |
| Securities available for sale | 8,853,000 | 8,972,000 | 8,367,000 | 8,491,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,490,000 | 159,518,000 | 154,968,000 | 161,287,000 |
| Interest-bearing deposits | 149,633,000 | 142,780,000 | 135,786,000 | 144,944,000 |
| Noninterest-bearing deposits | 16,857,000 | 16,738,000 | 19,182,000 | 16,343,000 |
| Equity capital | 16,508,000 | 16,796,000 | 16,972,000 | 17,222,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,169,000 | 4,358,000 | 6,552,000 | 8,879,000 |
| Interest expense | 493,000 | 1,050,000 | 1,643,000 | 2,319,000 |
| Net interest income | 1,676,000 | 3,308,000 | 4,909,000 | 6,560,000 |
| Noninterest income | 1,161,000 | 1,932,000 | 2,595,000 | 3,453,000 |
| Noninterest expense | 2,148,000 | 4,127,000 | 6,082,000 | 8,286,000 |
| Provision for loan losses | 126,000 | 144,000 | 161,000 | 222,000 |
| Pretax income | 563,000 | 969,000 | 1,262,000 | 1,506,000 |
| Income tax | 142,000 | 245,000 | 327,000 | 397,000 |
| Net income | 421,000 | 724,000 | 935,000 | 1,109,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,519,000 | 15,838,000 | 16,165,000 | 16,380,000 |
| Total capital | 17,441,000 | 17,719,000 | 17,985,000 | 18,214,000 |
| Risk-weighted assets | 153,535,000 | 150,407,000 | 147,977,000 | 152,455,000 |