Call reports 2005
FORTRESS BANK — 2005
What FORTRESS BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 141,454,000 | 141,745,000 | 171,305,000 | 173,531,000 |
| Total loans | 107,046,000 | 106,252,000 | 131,891,000 | 131,520,000 |
| Allowance for loan losses | 1,182,000 | 1,070,000 | 1,099,000 | 3,793,000 |
| Securities available for sale | 24,785,000 | 25,263,000 | 25,368,000 | 25,406,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,429,000 | 108,526,000 | 132,801,000 | 139,275,000 |
| Interest-bearing deposits | 97,674,000 | 98,444,000 | 119,882,000 | 124,202,000 |
| Noninterest-bearing deposits | 9,755,000 | 10,082,000 | 12,919,000 | 15,073,000 |
| Equity capital | 13,536,000 | 13,791,000 | 17,451,000 | 15,969,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,023,000 | 4,210,000 | 6,639,000 | 9,381,000 |
| Interest expense | 754,000 | 1,557,000 | 2,462,000 | 3,499,000 |
| Net interest income | 1,269,000 | 2,653,000 | 4,177,000 | 5,882,000 |
| Noninterest income | 124,000 | 243,000 | 403,000 | 563,000 |
| Noninterest expense | 938,000 | 1,891,000 | 2,891,000 | 3,998,000 |
| Provision for loan losses | 30,000 | 60,000 | 110,000 | 2,591,000 |
| Pretax income | 425,000 | 945,000 | 1,579,000 | -144,000 |
| Income tax | 108,000 | 242,000 | 425,000 | -237,000 |
| Net income | 317,000 | 703,000 | 1,154,000 | 93,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,889,000 | 11,046,000 | 13,264,000 | 11,981,000 |
| Total capital | 12,071,000 | 12,116,000 | 14,363,000 | 13,630,000 |
| Risk-weighted assets | 109,196,000 | 107,736,000 | 130,797,000 | 129,800,000 |