Call reports 2019
FORTE BANK — 2019
What FORTE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 211,065,000 | 224,273,000 | 229,764,000 | 236,866,000 |
| Total loans | 156,262,000 | 163,311,000 | 170,460,000 | 170,584,000 |
| Allowance for loan losses | 1,516,000 | 1,558,000 | 1,607,000 | 1,649,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 26,938,000 | 23,985,000 | 23,316,000 | 26,356,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,383,000 | 194,813,000 | 199,395,000 | 206,569,000 |
| Interest-bearing deposits | 141,104,000 | 153,020,000 | 154,233,000 | 160,729,000 |
| Noninterest-bearing deposits | 41,279,000 | 41,793,000 | 45,162,000 | 45,840,000 |
| Equity capital | 25,017,000 | 25,477,000 | 25,971,000 | 26,234,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,036,000 | 4,285,000 | 6,610,000 | 8,969,000 |
| Interest expense | 219,000 | 489,000 | 817,000 | 1,148,000 |
| Net interest income | 1,817,000 | 3,796,000 | 5,793,000 | 7,821,000 |
| Noninterest income | 310,000 | 711,000 | 1,122,000 | 1,439,000 |
| Noninterest expense | 1,663,000 | 3,291,000 | 4,895,000 | 6,724,000 |
| Provision for loan losses | 38,000 | 75,000 | 120,000 | 165,000 |
| Pretax income | 426,000 | 1,141,000 | 1,900,000 | 2,371,000 |
| Income tax | 82,000 | 248,000 | 425,000 | 523,000 |
| Net income | 344,000 | 893,000 | 1,475,000 | 1,848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,818,000 | 25,278,000 | 25,772,000 | 26,035,000 |
| Total capital | 26,334,000 | 26,836,000 | 27,379,000 | 27,684,000 |
| Risk-weighted assets | 160,282,000 | 166,974,000 | 174,053,000 | 175,179,000 |