Call reports 2019
FORTIS BANK — 2019
What FORTIS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 767,161,000 | 786,996,000 | 804,710,000 | 875,437,000 |
| Total loans | 565,699,000 | 582,791,000 | 586,753,000 | 631,852,000 |
| Allowance for loan losses | 2,376,000 | 2,594,000 | 3,063,000 | 3,299,000 |
| Securities available for sale | 151,392,000 | 152,261,000 | 167,989,000 | 151,090,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 5,000 | 15,000 | 360,000 | 319,000 |
| Total deposits | 666,929,000 | 689,206,000 | 718,088,000 | 763,108,000 |
| Interest-bearing deposits | 467,078,000 | 439,648,000 | 435,359,000 | 497,051,000 |
| Noninterest-bearing deposits | 199,851,000 | 249,558,000 | 282,729,000 | 266,057,000 |
| Equity capital | 67,916,000 | 70,162,000 | 71,397,000 | 72,483,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 7,332,000 | 14,798,000 | 22,439,000 | 30,163,000 |
| Interest expense | 2,450,000 | 4,928,000 | 7,293,000 | 9,589,000 |
| Net interest income | 4,882,000 | 9,870,000 | 15,146,000 | 20,574,000 |
| Noninterest income | 322,000 | 762,000 | 1,621,000 | 2,150,000 |
| Noninterest expense | 4,349,000 | 8,869,000 | 13,343,000 | 17,838,000 |
| Provision for loan losses | 245,000 | 470,000 | 947,000 | 1,170,000 |
| Pretax income | 648,000 | 1,397,000 | 2,598,000 | 3,793,000 |
| Income tax | 60,000 | 111,000 | 287,000 | 313,000 |
| Net income | 588,000 | 1,286,000 | 2,311,000 | 3,480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,158,000 | 69,367,000 | 70,601,000 | 71,627,000 |
| Total capital | 70,535,000 | 71,961,000 | 73,664,000 | 74,926,000 |
| Risk-weighted assets | 529,018,000 | 559,832,000 | 576,558,000 | 606,853,000 |