Call reports 2004
FORTIFI BANK — 2004
What FORTIFI BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 215,377,000 | 219,678,000 | 224,701,000 | 229,694,000 |
| Total loans | 120,455,000 | 131,452,000 | 134,624,000 | 143,276,000 |
| Allowance for loan losses | 1,395,000 | 1,428,000 | 1,629,000 | 1,475,000 |
| Securities available for sale | 81,019,000 | 74,452,000 | 76,566,000 | 67,310,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,952,000 | 165,298,000 | 166,804,000 | 179,965,000 |
| Interest-bearing deposits | 148,593,000 | 150,772,000 | 151,743,000 | 164,914,000 |
| Noninterest-bearing deposits | 12,359,000 | 14,526,000 | 15,061,000 | 15,051,000 |
| Equity capital | 18,017,000 | 17,153,000 | 18,754,000 | 18,914,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,784,000 | 5,710,000 | 8,733,000 | 11,865,000 |
| Interest expense | 777,000 | 1,534,000 | 2,320,000 | 3,147,000 |
| Net interest income | 2,007,000 | 4,176,000 | 6,413,000 | 8,718,000 |
| Noninterest income | 435,000 | 912,000 | 1,489,000 | 1,998,000 |
| Noninterest expense | 1,610,000 | 3,187,000 | 4,806,000 | 6,504,000 |
| Provision for loan losses | 60,000 | 150,000 | 350,000 | 440,000 |
| Pretax income | 786,000 | 1,758,000 | 2,753,000 | 3,751,000 |
| Income tax | 202,000 | 500,000 | 878,000 | 1,033,000 |
| Net income | 584,000 | 1,258,000 | 1,875,000 | 2,718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,153,000 | 17,814,000 | 18,444,000 | 18,848,000 |
| Total capital | 18,548,000 | 19,242,000 | 20,073,000 | 20,323,000 |
| Risk-weighted assets | 161,552,000 | 174,286,000 | 179,985,000 | 188,286,000 |