Call reports 2015
FORTE BANK — 2015
What FORTE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 175,890,000 | 184,333,000 | 184,326,000 | 184,287,000 |
| Total loans | 107,455,000 | 110,410,000 | 114,110,000 | 115,981,000 |
| Allowance for loan losses | 1,158,000 | 1,234,000 | 1,324,000 | 1,365,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 41,625,000 | 40,608,000 | 41,826,000 | 39,603,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,022,000 | 162,094,000 | 161,811,000 | 161,038,000 |
| Interest-bearing deposits | 123,490,000 | 127,896,000 | 126,603,000 | 125,180,000 |
| Noninterest-bearing deposits | 30,532,000 | 34,198,000 | 35,208,000 | 35,858,000 |
| Equity capital | 21,320,000 | 21,548,000 | 21,764,000 | 22,048,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,471,000 | 2,986,000 | 4,552,000 | 6,147,000 |
| Interest expense | 87,000 | 171,000 | 254,000 | 336,000 |
| Net interest income | 1,384,000 | 2,815,000 | 4,298,000 | 5,811,000 |
| Noninterest income | 398,000 | 809,000 | 1,131,000 | 1,496,000 |
| Noninterest expense | 1,377,000 | 2,735,000 | 4,065,000 | 5,402,000 |
| Provision for loan losses | 45,000 | 120,000 | 210,000 | 255,000 |
| Pretax income | 360,000 | 769,000 | 1,154,000 | 1,650,000 |
| Income tax | 83,000 | 197,000 | 300,000 | 445,000 |
| Net income | 277,000 | 572,000 | 854,000 | 1,205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,241,000 | 20,656,000 | 20,872,000 | 21,156,000 |
| Total capital | 21,399,000 | 21,890,000 | 22,196,000 | 22,521,000 |
| Risk-weighted assets | 123,557,000 | 126,086,000 | 129,189,000 | 130,737,000 |