Call reports 2018
FORTE BANK — 2018
What FORTE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 200,304,000 | 204,140,000 | 204,761,000 | 208,464,000 |
| Total loans | 132,732,000 | 141,540,000 | 146,685,000 | 151,941,000 |
| Allowance for loan losses | 1,567,000 | 1,589,000 | 1,420,000 | 1,475,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 33,803,000 | 32,556,000 | 30,777,000 | 28,797,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,611,000 | 179,097,000 | 179,235,000 | 182,704,000 |
| Interest-bearing deposits | 133,830,000 | 138,015,000 | 137,123,000 | 140,021,000 |
| Noninterest-bearing deposits | 41,781,000 | 41,082,000 | 42,112,000 | 42,683,000 |
| Equity capital | 24,106,000 | 24,306,000 | 24,542,000 | 24,870,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,759,000 | 3,603,000 | 5,554,000 | 7,589,000 |
| Interest expense | 124,000 | 250,000 | 394,000 | 556,000 |
| Net interest income | 1,635,000 | 3,353,000 | 5,160,000 | 7,033,000 |
| Noninterest income | 324,000 | 566,000 | 909,000 | 1,229,000 |
| Noninterest expense | 1,593,000 | 3,180,000 | 4,840,000 | 6,442,000 |
| Provision for loan losses | 22,000 | 45,000 | 90,000 | 140,000 |
| Pretax income | 344,000 | 694,000 | 1,139,000 | 1,680,000 |
| Income tax | 59,000 | 121,000 | 212,000 | 337,000 |
| Net income | 285,000 | 573,000 | 927,000 | 1,343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,402,000 | 23,602,000 | 23,838,000 | 24,166,000 |
| Total capital | 24,969,000 | 25,191,000 | 25,258,000 | 25,641,000 |
| Risk-weighted assets | 141,752,000 | 149,195,000 | 151,894,000 | 156,770,000 |