Call reports 2017
FORTE BANK — 2017
What FORTE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 192,647,000 | 197,490,000 | 199,195,000 | 200,285,000 |
| Total loans | 134,807,000 | 131,440,000 | 137,090,000 | 132,603,000 |
| Allowance for loan losses | 1,588,000 | 1,634,000 | 1,649,000 | 1,544,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 31,338,000 | 29,869,000 | 28,737,000 | 32,355,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,957,000 | 173,457,000 | 174,722,000 | 175,692,000 |
| Interest-bearing deposits | 133,260,000 | 134,163,000 | 132,216,000 | 131,659,000 |
| Noninterest-bearing deposits | 35,697,000 | 39,294,000 | 42,506,000 | 44,033,000 |
| Equity capital | 23,114,000 | 23,439,000 | 23,714,000 | 24,018,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,715,000 | 3,485,000 | 5,235,000 | 7,073,000 |
| Interest expense | 78,000 | 161,000 | 255,000 | 366,000 |
| Net interest income | 1,637,000 | 3,324,000 | 4,980,000 | 6,707,000 |
| Noninterest income | 318,000 | 677,000 | 981,000 | 1,235,000 |
| Noninterest expense | 1,436,000 | 2,866,000 | 4,323,000 | 5,837,000 |
| Provision for loan losses | 45,000 | 90,000 | 105,000 | 0 |
| Pretax income | 474,000 | 1,045,000 | 1,533,000 | 2,105,000 |
| Income tax | 131,000 | 310,000 | 456,000 | 658,000 |
| Net income | 343,000 | 735,000 | 1,077,000 | 1,447,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,481,000 | 22,806,000 | 23,081,000 | 23,385,000 |
| Total capital | 24,069,000 | 24,440,000 | 24,730,000 | 24,929,000 |
| Risk-weighted assets | 143,608,000 | 141,672,000 | 145,742,000 | 141,205,000 |