Call reports 2005
FORTIS BANK — 2005
What FORTIS BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 86,408,000 | 88,868,000 | 91,120,000 | 98,560,000 |
| Total loans | 59,510,000 | 62,296,000 | 62,975,000 | 61,824,000 |
| Allowance for loan losses | 602,000 | 627,000 | 708,000 | 631,000 |
| Securities available for sale | 17,288,000 | 17,052,000 | 17,963,000 | 18,805,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,679,000 | 77,379,000 | 79,779,000 | 87,175,000 |
| Interest-bearing deposits | 70,604,000 | 70,692,000 | 73,527,000 | 81,710,000 |
| Noninterest-bearing deposits | 5,075,000 | 6,687,000 | 6,252,000 | 5,465,000 |
| Equity capital | 7,234,000 | 7,458,000 | 7,757,000 | 8,012,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,274,000 | 2,660,000 | 4,202,000 | 5,730,000 |
| Interest expense | 398,000 | 852,000 | 1,424,000 | 2,047,000 |
| Net interest income | 876,000 | 1,808,000 | 2,778,000 | 3,683,000 |
| Noninterest income | 114,000 | 258,000 | 361,000 | 471,000 |
| Noninterest expense | 565,000 | 1,177,000 | 1,774,000 | 2,410,000 |
| Provision for loan losses | 121,000 | 224,000 | 303,000 | 420,000 |
| Pretax income | 304,000 | 675,000 | 1,072,000 | 1,334,000 |
| Income tax | 130,000 | 277,000 | 376,000 | 382,000 |
| Net income | 174,000 | 398,000 | 696,000 | 952,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,233,000 | 7,458,000 | 7,756,000 | 8,012,000 |
| Total capital | 7,835,000 | 8,085,000 | 8,464,000 | 8,643,000 |
| Risk-weighted assets | 69,123,000 | 71,630,000 | 72,187,000 | 71,730,000 |