Call reports 2022
FORTE BANK — 2022
What FORTE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 335,784,000 | 340,042,000 | 343,705,000 | 359,891,000 |
| Total loans | 264,862,000 | 275,720,000 | 283,321,000 | 294,549,000 |
| Allowance for loan losses | 2,538,000 | 2,632,000 | 2,727,000 | 2,821,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 29,859,000 | 31,093,000 | 30,416,000 | 29,538,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 290,439,000 | 292,267,000 | 295,202,000 | 310,085,000 |
| Interest-bearing deposits | 211,991,000 | 214,756,000 | 215,165,000 | 229,893,000 |
| Noninterest-bearing deposits | 78,448,000 | 77,511,000 | 80,037,000 | 80,192,000 |
| Equity capital | 31,524,000 | 34,252,000 | 35,041,000 | 35,715,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,807,000 | 5,934,000 | 9,269,000 | 12,825,000 |
| Interest expense | 146,000 | 312,000 | 540,000 | 950,000 |
| Net interest income | 2,661,000 | 5,622,000 | 8,729,000 | 11,875,000 |
| Noninterest income | 367,000 | 767,000 | 1,121,000 | 1,467,000 |
| Noninterest expense | 2,071,000 | 4,203,000 | 6,336,000 | 8,548,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 867,000 | 2,006,000 | 3,244,000 | 4,434,000 |
| Income tax | 208,000 | 489,000 | 799,000 | 1,173,000 |
| Net income | 659,000 | 1,517,000 | 2,445,000 | 3,261,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,524,000 | 34,252,000 | 35,041,000 | 35,715,000 |
| Total capital | 34,062,000 | 36,884,000 | 37,768,000 | 38,536,000 |
| Risk-weighted assets | 258,170,000 | 293,512,000 | 299,598,000 | 308,400,000 |