Call reports 2017
FORTIS BANK — 2017
What FORTIS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 393,850,000 | 431,925,000 | 460,227,000 | 536,785,000 |
| Total loans | 255,704,000 | 263,023,000 | 267,921,000 | 319,547,000 |
| Allowance for loan losses | 854,000 | 1,223,000 | 1,207,000 | 1,283,000 |
| Securities available for sale | 107,671,000 | 140,822,000 | 156,710,000 | 177,258,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 32,000 | 35,000 | 32,000 | 10,000 |
| Total deposits | 312,499,000 | 336,749,000 | 341,638,000 | 376,991,000 |
| Interest-bearing deposits | 206,953,000 | 216,745,000 | 231,488,000 | 260,555,000 |
| Noninterest-bearing deposits | 105,546,000 | 120,004,000 | 110,150,000 | 116,436,000 |
| Equity capital | 29,945,000 | 39,750,000 | 45,396,000 | 44,661,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,156,000 | 6,580,000 | 10,276,000 | 14,578,000 |
| Interest expense | 392,000 | 835,000 | 1,467,000 | 2,333,000 |
| Net interest income | 2,764,000 | 5,745,000 | 8,809,000 | 12,245,000 |
| Noninterest income | 272,000 | 473,000 | 603,000 | 895,000 |
| Noninterest expense | 2,934,000 | 5,776,000 | 9,275,000 | 12,745,000 |
| Provision for loan losses | 105,000 | 705,000 | 705,000 | 805,000 |
| Pretax income | 31,000 | -68,000 | -338,000 | -171,000 |
| Income tax | 0 | 0 | 0 | 204,000 |
| Net income | 31,000 | -68,000 | -338,000 | -375,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,199,000 | 38,756,000 | 44,487,000 | 44,858,000 |
| Total capital | 30,053,000 | 39,979,000 | 45,694,000 | 46,141,000 |
| Risk-weighted assets | 203,489,000 | 236,064,000 | 261,145,000 | 312,636,000 |
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