Call reports 2016
FORTIS BANK — 2016
What FORTIS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 363,275,000 | 381,543,000 | 402,634,000 | 388,020,000 |
| Total loans | 254,197,000 | 272,013,000 | 296,262,000 | 256,689,000 |
| Allowance for loan losses | 1,094,000 | 1,092,000 | 1,082,000 | 966,000 |
| Securities available for sale | 81,628,000 | 83,044,000 | 75,932,000 | 100,536,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 125,000 | 146,000 | 128,000 | 41,000 |
| Total deposits | 264,523,000 | 316,125,000 | 330,488,000 | 308,917,000 |
| Interest-bearing deposits | 175,231,000 | 210,657,000 | 222,917,000 | 206,361,000 |
| Noninterest-bearing deposits | 89,292,000 | 105,468,000 | 107,571,000 | 102,556,000 |
| Equity capital | 29,256,000 | 29,588,000 | 30,089,000 | 29,915,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,571,000 | 5,344,000 | 8,357,000 | 11,556,000 |
| Interest expense | 247,000 | 534,000 | 865,000 | 1,241,000 |
| Net interest income | 2,324,000 | 4,810,000 | 7,492,000 | 10,315,000 |
| Noninterest income | 614,000 | 1,080,000 | 1,622,000 | 2,359,000 |
| Noninterest expense | 2,932,000 | 5,768,000 | 8,709,000 | 11,909,000 |
| Provision for loan losses | 86,000 | 102,000 | 102,000 | 197,000 |
| Pretax income | 552,000 | 776,000 | 1,404,000 | 1,656,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 552,000 | 776,000 | 1,404,000 | 1,656,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,706,000 | 28,207,000 | 28,749,000 | 29,167,000 |
| Total capital | 28,800,000 | 29,299,000 | 29,831,000 | 30,133,000 |
| Risk-weighted assets | 197,195,000 | 196,896,000 | 202,059,000 | 197,766,000 |
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