Call reports 2008
FORTIS BANK — 2008
What FORTIS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 119,080,000 | 115,397,000 | 122,613,000 | 118,188,000 |
| Total loans | 73,561,000 | 76,032,000 | 87,163,000 | 85,021,000 |
| Allowance for loan losses | 1,022,000 | 1,063,000 | 1,966,000 | 1,697,000 |
| Securities available for sale | 21,658,000 | 20,243,000 | 13,928,000 | 17,227,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,389,000 | 89,650,000 | 85,278,000 | 87,999,000 |
| Interest-bearing deposits | 88,597,000 | 84,411,000 | 80,382,000 | 81,447,000 |
| Noninterest-bearing deposits | 6,792,000 | 5,239,000 | 4,896,000 | 6,552,000 |
| Equity capital | 22,142,000 | 21,616,000 | 20,818,000 | 10,591,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,711,000 | 3,331,000 | 5,003,000 | 6,831,000 |
| Interest expense | 786,000 | 1,405,000 | 2,035,000 | 2,703,000 |
| Net interest income | 925,000 | 1,926,000 | 2,968,000 | 4,128,000 |
| Noninterest income | 66,000 | 156,000 | 258,000 | 339,000 |
| Noninterest expense | 1,111,000 | 2,162,000 | 3,347,000 | 15,181,000 |
| Provision for loan losses | 65,000 | 300,000 | 1,513,000 | 1,488,000 |
| Pretax income | -174,000 | -369,000 | -1,495,000 | -12,473,000 |
| Income tax | -23,000 | -179,000 | -456,000 | -965,000 |
| Net income | -151,000 | -190,000 | -1,039,000 | -11,508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,245,000 | 11,079,000 | 10,812,000 | 10,695,000 |
| Total capital | 12,267,000 | 12,140,000 | 11,995,000 | 11,903,000 |
| Risk-weighted assets | 84,605,000 | 84,664,000 | 93,886,000 | 96,122,000 |
Machine access — free, no API key
Every figure shown here about FORTIS BANK — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.