Call reports 2004
FORTE BANK — 2004
What FORTE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 133,234,000 | 135,342,000 | 133,550,000 | 132,464,000 |
| Total loans | 65,469,000 | 68,213,000 | 74,332,000 | 76,714,000 |
| Allowance for loan losses | 820,000 | 865,000 | 894,000 | 862,000 |
| Securities available for sale | 1,851,000 | 7,992,000 | 7,820,000 | 536,000 |
| Securities held to maturity | 38,641,000 | 39,705,000 | 39,111,000 | 38,105,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,375,000 | 115,075,000 | 112,127,000 | 111,923,000 |
| Interest-bearing deposits | 95,202,000 | 94,160,000 | 92,526,000 | 91,624,000 |
| Noninterest-bearing deposits | 18,173,000 | 20,915,000 | 19,601,000 | 20,299,000 |
| Equity capital | 19,018,000 | 19,361,000 | 19,516,000 | 19,703,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,384,000 | 2,834,000 | 4,345,000 | 5,900,000 |
| Interest expense | 442,000 | 854,000 | 1,278,000 | 1,715,000 |
| Net interest income | 942,000 | 1,980,000 | 3,067,000 | 4,185,000 |
| Noninterest income | 202,000 | 404,000 | 587,000 | 750,000 |
| Noninterest expense | 972,000 | 1,846,000 | 2,795,000 | 3,684,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 90,000 |
| Pretax income | 142,000 | 478,000 | 769,000 | 1,163,000 |
| Income tax | -32,000 | 3,000 | 23,000 | 85,000 |
| Net income | 174,000 | 475,000 | 746,000 | 1,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,009,000 | 19,238,000 | 19,443,000 | 19,706,000 |
| Total capital | 19,829,000 | 20,103,000 | 20,337,000 | 20,568,000 |
| Risk-weighted assets | 78,209,000 | 81,106,000 | 86,098,000 | 89,656,000 |