Call reports 2006
FORTRESS BANK — 2006
What FORTRESS BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 170,960,000 | 172,788,000 | 170,905,000 | 171,359,000 |
| Total loans | 131,635,000 | 132,779,000 | 136,368,000 | 136,843,000 |
| Allowance for loan losses | 2,583,000 | 2,723,000 | 2,420,000 | 2,154,000 |
| Securities available for sale | 25,574,000 | 25,640,000 | 21,626,000 | 20,730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,252,000 | 134,776,000 | 131,852,000 | 134,095,000 |
| Interest-bearing deposits | 122,404,000 | 120,301,000 | 119,116,000 | 120,920,000 |
| Noninterest-bearing deposits | 13,848,000 | 14,475,000 | 12,736,000 | 13,175,000 |
| Equity capital | 15,919,000 | 16,139,000 | 16,595,000 | 16,783,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,625,000 | 5,452,000 | 8,338,000 | 11,280,000 |
| Interest expense | 1,099,000 | 2,302,000 | 3,568,000 | 4,924,000 |
| Net interest income | 1,526,000 | 3,150,000 | 4,770,000 | 6,356,000 |
| Noninterest income | 378,000 | 582,000 | 809,000 | 1,004,000 |
| Noninterest expense | 1,228,000 | 2,421,000 | 3,585,000 | 4,848,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 586,000 | 1,131,000 | 1,724,000 | 2,152,000 |
| Income tax | 172,000 | 333,000 | 518,000 | 636,000 |
| Net income | 414,000 | 798,000 | 1,206,000 | 1,516,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,968,000 | 12,375,000 | 12,656,000 | 12,839,000 |
| Total capital | 13,661,000 | 14,058,000 | 14,378,000 | 14,540,000 |
| Risk-weighted assets | 134,561,000 | 133,609,000 | 137,037,000 | 135,663,000 |