Call reports 2018
FORTIS BANK — 2018
What FORTIS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 584,192,000 | 633,698,000 | 699,373,000 | 733,285,000 |
| Total loans | 376,469,000 | 420,226,000 | 486,958,000 | 522,786,000 |
| Allowance for loan losses | 1,640,000 | 1,900,000 | 2,016,000 | 2,138,000 |
| Securities available for sale | 165,925,000 | 173,771,000 | 167,092,000 | 161,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 13,000 | 22,000 | 30,000 | 7,000 |
| Total deposits | 440,504,000 | 472,026,000 | 575,613,000 | 587,827,000 |
| Interest-bearing deposits | 320,411,000 | 300,741,000 | 388,678,000 | 432,910,000 |
| Noninterest-bearing deposits | 120,093,000 | 171,285,000 | 186,935,000 | 154,917,000 |
| Equity capital | 43,116,000 | 55,977,000 | 56,016,000 | 65,596,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,746,000 | 10,128,000 | 16,318,000 | 23,104,000 |
| Interest expense | 1,156,000 | 2,471,000 | 4,173,000 | 6,344,000 |
| Net interest income | 3,590,000 | 7,657,000 | 12,145,000 | 16,760,000 |
| Noninterest income | 486,000 | 761,000 | 1,048,000 | 1,333,000 |
| Noninterest expense | 3,516,000 | 7,678,000 | 11,748,000 | 15,899,000 |
| Provision for loan losses | 360,000 | 618,000 | 745,000 | 880,000 |
| Pretax income | 206,000 | 103,000 | 687,000 | 1,304,000 |
| Income tax | 0 | 0 | 22,000 | 0 |
| Net income | 206,000 | 103,000 | 665,000 | 1,304,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,054,000 | 57,953,000 | 58,694,000 | 67,334,000 |
| Total capital | 46,694,000 | 59,852,000 | 60,709,000 | 69,472,000 |
| Risk-weighted assets | 381,239,000 | 433,075,000 | 504,197,000 | 482,959,000 |
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