Call reports 2003
FORTE BANK — 2003
What FORTE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 131,860,000 | 135,406,000 | 136,189,000 | 135,641,000 |
| Total loans | 69,642,000 | 71,852,000 | 67,013,000 | 67,473,000 |
| Allowance for loan losses | 761,000 | 794,000 | 775,000 | 805,000 |
| Securities available for sale | 802,000 | 1,025,000 | 900,000 | 251,000 |
| Securities held to maturity | 33,487,000 | 33,546,000 | 37,394,000 | 38,110,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,378,000 | 114,726,000 | 116,383,000 | 115,855,000 |
| Interest-bearing deposits | 92,368,000 | 95,934,000 | 96,284,000 | 97,058,000 |
| Noninterest-bearing deposits | 19,010,000 | 18,792,000 | 20,099,000 | 18,797,000 |
| Equity capital | 19,388,000 | 18,637,000 | 18,768,000 | 19,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,573,000 | 3,101,000 | 4,655,000 | 6,146,000 |
| Interest expense | 573,000 | 1,114,000 | 1,620,000 | 2,096,000 |
| Net interest income | 1,000,000 | 1,987,000 | 3,035,000 | 4,050,000 |
| Noninterest income | 193,000 | 447,000 | 534,000 | 800,000 |
| Noninterest expense | 899,000 | 1,804,000 | 2,756,000 | 3,637,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 264,000 | 569,000 | 723,000 | 1,093,000 |
| Income tax | 44,000 | 40,000 | -11,000 | 39,000 |
| Net income | 220,000 | 529,000 | 734,000 | 1,054,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,385,000 | 18,634,000 | 18,767,000 | 19,015,000 |
| Total capital | 20,146,000 | 19,428,000 | 19,542,000 | 19,820,000 |
| Risk-weighted assets | 79,903,000 | 81,489,000 | 81,012,000 | 81,507,000 |