Call reports 2001
FORTIFI BANK — 2001
What FORTIFI BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 101,411,000 | 108,638,000 | 113,812,000 | 126,009,000 |
| Total loans | 68,152,000 | 73,511,000 | 74,736,000 | 76,864,000 |
| Allowance for loan losses | 893,000 | 946,000 | 987,000 | 1,008,000 |
| Securities available for sale | 23,854,000 | 22,843,000 | 29,604,000 | 42,256,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,996,000 | 83,779,000 | 88,993,000 | 97,099,000 |
| Interest-bearing deposits | 71,717,000 | 75,469,000 | 81,138,000 | 89,017,000 |
| Noninterest-bearing deposits | 7,279,000 | 8,310,000 | 7,855,000 | 8,082,000 |
| Equity capital | 12,750,000 | 13,036,000 | 13,547,000 | 13,285,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,955,000 | 3,964,000 | 6,109,000 | 8,296,000 |
| Interest expense | 1,018,000 | 2,036,000 | 3,057,000 | 4,001,000 |
| Net interest income | 937,000 | 1,928,000 | 3,052,000 | 4,295,000 |
| Noninterest income | 163,000 | 368,000 | 554,000 | 812,000 |
| Noninterest expense | 592,000 | 1,261,000 | 1,928,000 | 2,678,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 448,000 | 923,000 | 1,507,000 | 2,198,000 |
| Income tax | 150,000 | 347,000 | 591,000 | 773,000 |
| Net income | 298,000 | 576,000 | 916,000 | 1,425,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,501,000 | 12,778,000 | 13,069,000 | 13,177,000 |
| Total capital | 13,264,000 | 13,617,000 | 13,861,000 | 13,981,000 |
| Risk-weighted assets | 60,931,000 | 67,048,000 | 62,461,000 | 64,111,000 |