Call reports 2008
FORTE BANK — 2008
What FORTE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 156,112,000 | 157,655,000 | 153,464,000 | 160,455,000 |
| Total loans | 95,112,000 | 93,636,000 | 95,288,000 | 96,752,000 |
| Allowance for loan losses | 636,000 | 708,000 | 745,000 | 791,000 |
| Securities available for sale | 201,000 | 196,000 | 196,000 | 211,000 |
| Securities held to maturity | 28,444,000 | 29,313,000 | 30,405,000 | 33,266,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,489,000 | 134,158,000 | 129,928,000 | 137,034,000 |
| Interest-bearing deposits | 112,166,000 | 112,455,000 | 110,155,000 | 113,669,000 |
| Noninterest-bearing deposits | 20,323,000 | 21,703,000 | 19,773,000 | 23,365,000 |
| Equity capital | 21,130,000 | 20,916,000 | 21,032,000 | 21,132,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,967,000 | 3,834,000 | 5,673,000 | 7,444,000 |
| Interest expense | 965,000 | 1,804,000 | 2,612,000 | 3,391,000 |
| Net interest income | 1,002,000 | 2,030,000 | 3,061,000 | 4,053,000 |
| Noninterest income | 197,000 | 480,000 | 785,000 | 1,016,000 |
| Noninterest expense | 1,093,000 | 2,308,000 | 3,423,000 | 4,472,000 |
| Provision for loan losses | 72,000 | 144,000 | 178,000 | 223,000 |
| Pretax income | 34,000 | 58,000 | 245,000 | 374,000 |
| Income tax | -52,000 | -100,000 | -92,000 | -118,000 |
| Net income | 86,000 | 158,000 | 337,000 | 492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,130,000 | 20,921,000 | 21,035,000 | 21,125,000 |
| Total capital | 21,766,000 | 21,629,000 | 21,780,000 | 21,915,000 |
| Risk-weighted assets | 108,947,000 | 109,215,000 | 109,418,000 | 111,345,000 |