Call reports 2002
FORTE BANK — 2002
What FORTE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 130,758,000 | 129,947,000 | 131,364,000 | 137,065,000 |
| Total loans | 68,973,000 | 69,941,000 | 69,933,000 | 69,849,000 |
| Allowance for loan losses | 808,000 | 752,000 | 736,000 | 762,000 |
| Securities available for sale | 752,000 | 1,064,000 | 2,027,000 | 820,000 |
| Securities held to maturity | 27,716,000 | 28,482,000 | 28,445,000 | 31,926,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,946,000 | 109,916,000 | 110,975,000 | 116,540,000 |
| Interest-bearing deposits | 92,622,000 | 90,365,000 | 89,657,000 | 93,233,000 |
| Noninterest-bearing deposits | 18,324,000 | 19,551,000 | 21,318,000 | 23,307,000 |
| Equity capital | 18,543,000 | 18,800,000 | 19,055,000 | 19,403,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,797,000 | 3,588,000 | 5,339,000 | 6,997,000 |
| Interest expense | 759,000 | 1,472,000 | 2,163,000 | 2,803,000 |
| Net interest income | 1,038,000 | 2,116,000 | 3,176,000 | 4,194,000 |
| Noninterest income | 205,000 | 408,000 | 603,000 | 901,000 |
| Noninterest expense | 849,000 | 1,733,000 | 2,640,000 | 3,444,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 364,000 | 731,000 | 1,049,000 | 1,531,000 |
| Income tax | 56,000 | 114,000 | 157,000 | 201,000 |
| Net income | 308,000 | 617,000 | 892,000 | 1,330,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,547,000 | 18,798,000 | 19,016,000 | 19,396,000 |
| Total capital | 19,355,000 | 19,550,000 | 19,752,000 | 20,158,000 |
| Risk-weighted assets | 77,551,000 | 78,212,000 | 78,293,000 | 79,849,000 |