Call reports 2011
FORTIS BANK — 2011
What FORTIS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 133,223,000 | 139,667,000 | 145,906,000 | 151,176,000 |
| Total loans | 55,484,000 | 66,299,000 | 72,310,000 | 84,690,000 |
| Allowance for loan losses | 280,000 | 421,000 | 506,000 | 1,028,000 |
| Securities available for sale | 59,410,000 | 57,930,000 | 58,857,000 | 51,916,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,485,000 | 105,766,000 | 109,942,000 | 117,226,000 |
| Interest-bearing deposits | 91,290,000 | 87,915,000 | 86,182,000 | 86,468,000 |
| Noninterest-bearing deposits | 16,195,000 | 17,851,000 | 23,760,000 | 30,758,000 |
| Equity capital | 14,180,000 | 14,307,000 | 14,618,000 | 14,880,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,709,000 | 3,572,000 | 5,489,000 | 7,471,000 |
| Interest expense | 291,000 | 556,000 | 795,000 | 1,008,000 |
| Net interest income | 1,418,000 | 3,016,000 | 4,694,000 | 6,463,000 |
| Noninterest income | 103,000 | -18,000 | 32,000 | 92,000 |
| Noninterest expense | 1,293,000 | 3,138,000 | 4,549,000 | 6,470,000 |
| Provision for loan losses | 300,000 | 668,000 | 1,070,000 | 1,617,000 |
| Pretax income | -70,000 | -757,000 | -230,000 | -838,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -70,000 | -757,000 | -230,000 | -838,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,456,000 | 12,841,000 | 13,444,000 | 13,910,000 |
| Total capital | 13,736,000 | 13,262,000 | 13,950,000 | 14,938,000 |
| Risk-weighted assets | 70,141,000 | 71,113,000 | 80,691,000 | 87,858,000 |
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