Call reports 2020
FORTUNEBANK — 2020
What FORTUNEBANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 208,262,000 | 257,912,000 | 271,732,000 | 257,338,000 |
| Total loans | 172,875,000 | 224,436,000 | 233,262,000 | 219,382,000 |
| Allowance for loan losses | 1,655,000 | 2,204,000 | 2,294,000 | 2,488,000 |
| Securities available for sale | 8,586,000 | 7,494,000 | 16,444,000 | 18,288,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,275,000 | 226,921,000 | 194,470,000 | 187,438,000 |
| Interest-bearing deposits | 161,608,000 | 198,553,000 | 171,165,000 | 165,697,000 |
| Noninterest-bearing deposits | 16,667,000 | 28,368,000 | 23,305,000 | 21,741,000 |
| Equity capital | 17,959,000 | 18,411,000 | 19,098,000 | 19,767,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,380,000 | 6,030,000 | 8,841,000 | 11,638,000 |
| Interest expense | 774,000 | 1,563,000 | 2,254,000 | 2,838,000 |
| Net interest income | 1,606,000 | 4,467,000 | 6,587,000 | 8,800,000 |
| Noninterest income | 1,335,000 | 2,890,000 | 5,045,000 | 6,557,000 |
| Noninterest expense | 2,448,000 | 5,508,000 | 8,541,000 | 11,136,000 |
| Provision for loan losses | 209,000 | 755,000 | 837,000 | 952,000 |
| Pretax income | 284,000 | 1,094,000 | 2,254,000 | 3,269,000 |
| Income tax | 61,000 | 252,000 | 521,000 | 757,000 |
| Net income | 223,000 | 842,000 | 1,733,000 | 2,512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,904,000 | 17,349,000 | 18,073,000 | 18,689,000 |
| Total capital | 18,559,000 | 19,553,000 | 20,367,000 | 21,146,000 |
| Risk-weighted assets | 177,706,000 | 180,034,000 | 192,653,000 | 196,533,000 |