Call reports 2001
FORTRESS BANK — 2001
What FORTRESS BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 93,605,000 | 93,013,000 | 98,270,000 | 100,483,000 |
| Total loans | 66,615,000 | 65,792,000 | 69,998,000 | 71,581,000 |
| Allowance for loan losses | 862,000 | 873,000 | 922,000 | 926,000 |
| Securities available for sale | 19,546,000 | 19,549,000 | 20,490,000 | 20,565,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,455,000 | 68,815,000 | 73,670,000 | 76,583,000 |
| Interest-bearing deposits | 60,813,000 | 61,225,000 | 65,283,000 | 67,483,000 |
| Noninterest-bearing deposits | 7,642,000 | 7,590,000 | 8,387,000 | 9,100,000 |
| Equity capital | 8,055,000 | 8,286,000 | 8,635,000 | 8,551,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,923,000 | 3,862,000 | 5,846,000 | 7,824,000 |
| Interest expense | 996,000 | 1,968,000 | 2,931,000 | 3,831,000 |
| Net interest income | 927,000 | 1,894,000 | 2,915,000 | 3,993,000 |
| Noninterest income | 187,000 | 474,000 | 670,000 | 907,000 |
| Noninterest expense | 758,000 | 1,574,000 | 2,398,000 | 3,211,000 |
| Provision for loan losses | 30,000 | 90,000 | 120,000 | 215,000 |
| Pretax income | 325,000 | 710,000 | 1,083,000 | 1,546,000 |
| Income tax | 110,000 | 244,000 | 372,000 | 532,000 |
| Net income | 215,000 | 466,000 | 711,000 | 1,014,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,001,000 | 7,338,000 | 7,534,000 | 7,633,000 |
| Total capital | 7,863,000 | 8,211,000 | 8,456,000 | 8,559,000 |
| Risk-weighted assets | 70,181,000 | 70,565,000 | 75,174,000 | 78,029,000 |