Call reports 2021
FORTIS BANK — 2021
What FORTIS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,046,666,000 | 1,144,655,000 | 1,127,376,000 | 1,121,793,000 |
| Total loans | 705,952,000 | 711,094,000 | 721,334,000 | 760,551,000 |
| Allowance for loan losses | 5,349,000 | 5,594,000 | 5,972,000 | 6,438,000 |
| Securities available for sale | 155,626,000 | 212,153,000 | 222,198,000 | 230,744,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 574,000 | 1,249,000 | 1,017,000 | 932,000 |
| Total deposits | 915,502,000 | 1,011,482,000 | 992,569,000 | 983,773,000 |
| Interest-bearing deposits | 434,870,000 | 433,318,000 | 424,257,000 | 395,218,000 |
| Noninterest-bearing deposits | 480,632,000 | 578,164,000 | 568,312,000 | 588,555,000 |
| Equity capital | 90,992,000 | 94,277,000 | 96,104,000 | 97,537,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 7,318,000 | 14,748,000 | 22,472,000 | 30,085,000 |
| Interest expense | 483,000 | 897,000 | 1,172,000 | 1,400,000 |
| Net interest income | 6,835,000 | 13,851,000 | 21,300,000 | 28,685,000 |
| Noninterest income | 376,000 | 703,000 | 1,016,000 | 1,330,000 |
| Noninterest expense | 4,386,000 | 8,818,000 | 13,313,000 | 17,764,000 |
| Provision for loan losses | 175,000 | 425,000 | 805,000 | 1,260,000 |
| Pretax income | 2,735,000 | 5,439,000 | 8,326,000 | 11,138,000 |
| Income tax | 554,000 | 1,110,000 | 1,730,000 | 2,253,000 |
| Net income | 2,181,000 | 4,329,000 | 6,596,000 | 8,885,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,942,000 | 91,309,000 | 93,637,000 | 96,030,000 |
| Total capital | 94,291,000 | 96,903,000 | 99,609,000 | 102,468,000 |
| Risk-weighted assets | 656,526,000 | 710,216,000 | 733,671,000 | 786,309,000 |