Call reports 2014
FORTE BANK — 2014
What FORTE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 174,837,000 | 174,446,000 | 180,662,000 | 179,550,000 |
| Total loans | 99,494,000 | 99,601,000 | 108,008,000 | 106,331,000 |
| Allowance for loan losses | 1,707,000 | 1,035,000 | 1,097,000 | 1,114,000 |
| Securities available for sale | 1,531,000 | 1,523,000 | 1,513,000 | 1,005,000 |
| Securities held to maturity | 40,055,000 | 40,026,000 | 40,956,000 | 40,228,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,636,000 | 152,867,000 | 158,762,000 | 157,332,000 |
| Interest-bearing deposits | 122,684,000 | 124,193,000 | 128,815,000 | 123,626,000 |
| Noninterest-bearing deposits | 30,952,000 | 28,674,000 | 29,947,000 | 33,706,000 |
| Equity capital | 20,637,000 | 20,801,000 | 21,008,000 | 21,222,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,355,000 | 2,753,000 | 4,235,000 | 5,923,000 |
| Interest expense | 101,000 | 198,000 | 294,000 | 388,000 |
| Net interest income | 1,254,000 | 2,555,000 | 3,941,000 | 5,535,000 |
| Noninterest income | 271,000 | 610,000 | 980,000 | 1,316,000 |
| Noninterest expense | 1,341,000 | 2,635,000 | 3,962,000 | 5,387,000 |
| Provision for loan losses | 30,000 | 60,000 | 105,000 | 150,000 |
| Pretax income | 154,000 | 470,000 | 854,000 | 1,314,000 |
| Income tax | 14,000 | 92,000 | 197,000 | 326,000 |
| Net income | 140,000 | 378,000 | 657,000 | 988,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,616,000 | 20,786,000 | 20,999,000 | 21,218,000 |
| Total capital | 22,058,000 | 21,821,000 | 22,096,000 | 22,332,000 |
| Risk-weighted assets | 115,063,000 | 112,893,000 | 121,020,000 | 121,826,000 |