Call reports 2011
FORTE BANK — 2011
What FORTE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 157,069,000 | 158,179,000 | 158,512,000 | 166,215,000 |
| Total loans | 86,185,000 | 85,669,000 | 87,957,000 | 88,016,000 |
| Allowance for loan losses | 994,000 | 1,007,000 | 1,082,000 | 1,008,000 |
| Securities available for sale | 4,054,000 | 3,091,000 | 3,109,000 | 3,097,000 |
| Securities held to maturity | 37,753,000 | 34,736,000 | 30,088,000 | 35,761,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,844,000 | 137,692,000 | 137,865,000 | 145,406,000 |
| Interest-bearing deposits | 116,861,000 | 115,811,000 | 115,390,000 | 120,743,000 |
| Noninterest-bearing deposits | 19,983,000 | 21,881,000 | 22,475,000 | 24,663,000 |
| Equity capital | 19,475,000 | 19,639,000 | 19,757,000 | 19,923,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,471,000 | 2,909,000 | 4,288,000 | 5,759,000 |
| Interest expense | 326,000 | 630,000 | 910,000 | 1,165,000 |
| Net interest income | 1,145,000 | 2,279,000 | 3,378,000 | 4,594,000 |
| Noninterest income | 303,000 | 625,000 | 942,000 | 1,444,000 |
| Noninterest expense | 1,222,000 | 2,399,000 | 3,558,000 | 4,914,000 |
| Provision for loan losses | 45,000 | 90,000 | 165,000 | 240,000 |
| Pretax income | 181,000 | 415,000 | 597,000 | 884,000 |
| Income tax | 8,000 | 36,000 | 45,000 | 92,000 |
| Net income | 173,000 | 379,000 | 552,000 | 792,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,438,000 | 19,578,000 | 19,684,000 | 19,858,000 |
| Total capital | 20,432,000 | 20,585,000 | 20,766,000 | 20,866,000 |
| Risk-weighted assets | 103,931,000 | 102,889,000 | 101,876,000 | 104,648,000 |