Call reports 2007
FORTE BANK — 2007
What FORTE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 154,123,000 | 159,044,000 | 158,662,000 | 164,464,000 |
| Total loans | 100,212,000 | 94,268,000 | 99,249,000 | 97,840,000 |
| Allowance for loan losses | 925,000 | 938,000 | 953,000 | 960,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 30,023,000 | 30,626,000 | 29,909,000 | 29,125,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,241,000 | 132,169,000 | 131,469,000 | 137,272,000 |
| Interest-bearing deposits | 105,363,000 | 109,820,000 | 108,727,000 | 113,112,000 |
| Noninterest-bearing deposits | 21,878,000 | 22,349,000 | 22,742,000 | 24,160,000 |
| Equity capital | 21,270,000 | 21,272,000 | 21,408,000 | 21,429,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,137,000 | 4,388,000 | 6,664,000 | 8,918,000 |
| Interest expense | 934,000 | 1,972,000 | 3,008,000 | 4,053,000 |
| Net interest income | 1,203,000 | 2,416,000 | 3,656,000 | 4,865,000 |
| Noninterest income | 715,000 | 1,088,000 | 1,310,000 | 1,521,000 |
| Noninterest expense | 1,189,000 | 2,356,000 | 3,432,000 | 4,428,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 714,000 | 1,118,000 | 1,489,000 | 1,898,000 |
| Income tax | 187,000 | 260,000 | 333,000 | 443,000 |
| Net income | 527,000 | 858,000 | 1,156,000 | 1,455,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,270,000 | 21,272,000 | 21,408,000 | 21,429,000 |
| Total capital | 22,195,000 | 22,210,000 | 22,361,000 | 22,389,000 |
| Risk-weighted assets | 112,216,000 | 105,365,000 | 108,465,000 | 111,785,000 |