Call reports 2001
FORTIS BANK — 2001
What FORTIS BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 35,279,000 | 35,470,000 | 40,561,000 | 48,412,000 |
| Total loans | 20,750,000 | 23,025,000 | 25,314,000 | 29,223,000 |
| Allowance for loan losses | 215,000 | 235,000 | 247,000 | 287,000 |
| Securities available for sale | 6,618,000 | 6,423,000 | 7,936,000 | 10,734,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,158,000 | 31,778,000 | 36,350,000 | 44,148,000 |
| Interest-bearing deposits | 27,974,000 | 28,813,000 | 33,400,000 | 41,240,000 |
| Noninterest-bearing deposits | 3,184,000 | 2,965,000 | 2,950,000 | 2,908,000 |
| Equity capital | 3,414,000 | 3,472,000 | 3,937,000 | 4,026,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 668,000 | 1,367,000 | 2,087,000 | 2,909,000 |
| Interest expense | 322,000 | 641,000 | 967,000 | 1,339,000 |
| Net interest income | 346,000 | 726,000 | 1,120,000 | 1,570,000 |
| Noninterest income | 46,000 | 91,000 | 141,000 | 206,000 |
| Noninterest expense | 238,000 | 532,000 | 879,000 | 1,247,000 |
| Provision for loan losses | 23,000 | 38,000 | 57,000 | 104,000 |
| Pretax income | 131,000 | 247,000 | 325,000 | 425,000 |
| Income tax | 45,000 | 85,000 | 119,000 | 147,000 |
| Net income | 86,000 | 162,000 | 206,000 | 278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,335,000 | 3,411,000 | 3,875,000 | 3,947,000 |
| Total capital | 3,550,000 | 3,646,000 | 4,122,000 | 4,234,000 |
| Risk-weighted assets | 25,327,000 | 27,138,000 | 31,650,000 | 36,554,000 |