Call reports 2020
FORTIS BANK — 2020
What FORTIS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 898,648,000 | 991,868,000 | 1,042,892,000 | 942,759,000 |
| Total loans | 675,884,000 | 728,005,000 | 714,075,000 | 708,518,000 |
| Allowance for loan losses | 4,387,000 | 4,960,000 | 5,045,000 | 5,175,000 |
| Securities available for sale | 167,082,000 | 153,647,000 | 137,122,000 | 145,738,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 2,857,000 | 3,026,000 | 2,800,000 | 2,243,000 |
| Total deposits | 750,201,000 | 813,553,000 | 871,487,000 | 811,698,000 |
| Interest-bearing deposits | 455,550,000 | 446,667,000 | 461,132,000 | 448,208,000 |
| Noninterest-bearing deposits | 294,651,000 | 366,886,000 | 410,355,000 | 363,490,000 |
| Equity capital | 78,336,000 | 82,238,000 | 85,952,000 | 89,078,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 7,752,000 | 15,538,000 | 23,287,000 | 30,715,000 |
| Interest expense | 2,046,000 | 3,263,000 | 4,079,000 | 4,754,000 |
| Net interest income | 5,706,000 | 12,275,000 | 19,208,000 | 25,961,000 |
| Noninterest income | 558,000 | 759,000 | 1,160,000 | 1,604,000 |
| Noninterest expense | 4,518,000 | 8,938,000 | 13,028,000 | 17,258,000 |
| Provision for loan losses | 1,091,000 | 1,666,000 | 1,741,000 | 1,876,000 |
| Pretax income | 669,000 | 2,421,000 | 5,704,000 | 8,536,000 |
| Income tax | 92,000 | 343,000 | 1,040,000 | 1,653,000 |
| Net income | 577,000 | 2,078,000 | 4,664,000 | 6,883,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,892,000 | 81,448,000 | 84,096,000 | 86,542,000 |
| Total capital | 84,279,000 | 86,408,000 | 89,141,000 | 91,717,000 |
| Risk-weighted assets | 646,731,000 | 642,514,000 | 636,358,000 | 670,179,000 |
Machine access — free, no API key
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