Call reports 2016
FORTE BANK — 2016
What FORTE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 183,401,000 | 191,214,000 | 191,896,000 | 194,122,000 |
| Total loans | 121,330,000 | 125,524,000 | 130,771,000 | 134,767,000 |
| Allowance for loan losses | 1,408,000 | 1,452,000 | 1,498,000 | 1,543,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 35,874,000 | 32,590,000 | 32,049,000 | 31,588,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,764,000 | 168,145,000 | 168,499,000 | 170,538,000 |
| Interest-bearing deposits | 125,817,000 | 133,300,000 | 132,476,000 | 132,615,000 |
| Noninterest-bearing deposits | 34,947,000 | 34,845,000 | 36,023,000 | 37,923,000 |
| Equity capital | 22,089,000 | 22,293,000 | 22,636,000 | 22,947,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,574,000 | 3,222,000 | 4,943,000 | 6,697,000 |
| Interest expense | 81,000 | 159,000 | 238,000 | 317,000 |
| Net interest income | 1,493,000 | 3,063,000 | 4,705,000 | 6,380,000 |
| Noninterest income | 295,000 | 704,000 | 1,141,000 | 1,612,000 |
| Noninterest expense | 1,439,000 | 2,902,000 | 4,344,000 | 5,774,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 304,000 | 775,000 | 1,367,000 | 2,038,000 |
| Income tax | 64,000 | 201,000 | 383,000 | 607,000 |
| Net income | 240,000 | 574,000 | 984,000 | 1,431,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,324,000 | 21,528,000 | 21,871,000 | 22,182,000 |
| Total capital | 22,732,000 | 22,980,000 | 23,369,000 | 23,725,000 |
| Risk-weighted assets | 133,778,000 | 137,332,000 | 141,214,000 | 143,687,000 |