FACTANKER · measured, cited, anchored official records connected

Call reports 2021

FORTUNEBANK — 2021

What FORTUNEBANK reported to the FFIEC in 2021, quarter by quarter.

PERIOD: 2021SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/8cc10f26-441c-46d2-bd21-add10d52280e/2021

Balance sheet

What the bank holds and owes at quarter end

Measure2021Q12021Q22021Q32021Q4
Total assets267,336,000253,099,000249,230,000260,509,000
Total loans215,256,000212,057,000207,889,000202,243,000
Allowance for loan losses2,441,0002,602,0002,442,0002,186,000
Securities available for sale16,529,00015,608,0001,579,0000
Securities held to maturity0000
Trading assets0000
Total deposits205,281,000219,552,000213,976,000224,419,000
Interest-bearing deposits176,092,000183,905,000181,349,000196,141,000
Noninterest-bearing deposits29,189,00035,647,00032,627,00028,278,000
Equity capital20,589,00021,172,00022,286,00023,058,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2021Q12021Q22021Q32021Q4
Interest income3,208,0005,722,0008,384,00010,852,000
Interest expense474,000915,0001,326,0001,710,000
Net interest income2,734,0004,807,0007,058,0009,142,000
Noninterest income1,306,0002,294,0003,985,0004,855,000
Noninterest expense2,661,0004,902,0007,390,0009,639,000
Provision for loan losses8,00041,000-185,000-410,000
Pretax income1,371,0002,158,0003,838,0004,924,000
Income tax321,000502,000952,0001,214,000
Net income1,050,0001,656,0002,886,0003,710,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2021Q12021Q22021Q32021Q4
Tier 1 capital19,567,00020,121,00021,361,00022,194,000
Total capital22,008,00022,640,00023,803,00024,380,000
Risk-weighted assets196,951,000201,414,000211,447,000205,426,000