Call reports 2002
FORTIS BANK — 2002
What FORTIS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 50,937,000 | 54,351,000 | 59,302,000 | 62,555,000 |
| Total loans | 30,548,000 | 34,643,000 | 35,501,000 | 38,307,000 |
| Allowance for loan losses | 318,000 | 348,000 | 378,000 | 366,000 |
| Securities available for sale | 12,894,000 | 13,902,000 | 14,824,000 | 17,292,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,624,000 | 48,466,000 | 53,267,000 | 56,449,000 |
| Interest-bearing deposits | 44,366,000 | 44,934,000 | 50,016,000 | 52,736,000 |
| Noninterest-bearing deposits | 2,258,000 | 3,532,000 | 3,251,000 | 3,713,000 |
| Equity capital | 4,059,000 | 4,183,000 | 4,300,000 | 4,457,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 807,000 | 1,685,000 | 2,630,000 | 3,609,000 |
| Interest expense | 363,000 | 736,000 | 1,141,000 | 1,547,000 |
| Net interest income | 444,000 | 949,000 | 1,489,000 | 2,062,000 |
| Noninterest income | 61,000 | 125,000 | 198,000 | 291,000 |
| Noninterest expense | 356,000 | 724,000 | 1,177,000 | 1,634,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 166,000 |
| Pretax income | 119,000 | 290,000 | 420,000 | 553,000 |
| Income tax | 38,000 | 91,000 | 131,000 | 99,000 |
| Net income | 81,000 | 199,000 | 289,000 | 454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,028,000 | 4,186,000 | 4,276,000 | 4,441,000 |
| Total capital | 4,346,000 | 4,534,000 | 4,654,000 | 4,807,000 |
| Risk-weighted assets | 36,778,000 | 41,541,000 | 44,238,000 | 47,398,000 |
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