Call reports 2021
FORTE BANK — 2021
What FORTE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 292,058,000 | 305,807,000 | 311,835,000 | 323,325,000 |
| Total loans | 212,919,000 | 220,207,000 | 229,887,000 | 248,502,000 |
| Allowance for loan losses | 2,298,000 | 2,351,000 | 2,353,000 | 2,444,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 27,420,000 | 26,252,000 | 30,237,000 | 31,154,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,970,000 | 268,155,000 | 273,344,000 | 284,200,000 |
| Interest-bearing deposits | 189,419,000 | 196,358,000 | 200,816,000 | 207,566,000 |
| Noninterest-bearing deposits | 66,551,000 | 71,797,000 | 72,528,000 | 76,634,000 |
| Equity capital | 28,960,000 | 29,761,000 | 30,489,000 | 31,236,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,618,000 | 5,369,000 | 8,006,000 | 11,039,000 |
| Interest expense | 220,000 | 414,000 | 577,000 | 726,000 |
| Net interest income | 2,398,000 | 4,955,000 | 7,429,000 | 10,313,000 |
| Noninterest income | 693,000 | 1,238,000 | 1,884,000 | 2,402,000 |
| Noninterest expense | 1,882,000 | 3,722,000 | 5,729,000 | 7,884,000 |
| Provision for loan losses | 49,000 | 97,000 | 97,000 | 182,000 |
| Pretax income | 1,160,000 | 2,374,000 | 3,487,000 | 4,649,000 |
| Income tax | 284,000 | 588,000 | 864,000 | 1,170,000 |
| Net income | 876,000 | 1,786,000 | 2,623,000 | 3,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,960,000 | 29,761,000 | 30,489,000 | 31,236,000 |