Call reports 2005
FORTIFI BANK — 2005
What FORTIFI BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 226,537,000 | 225,138,000 | 225,135,000 | 225,152,000 |
| Total loans | 148,725,000 | 155,590,000 | 155,247,000 | 154,479,000 |
| Allowance for loan losses | 1,400,000 | 1,502,000 | 1,539,000 | 1,427,000 |
| Securities available for sale | 64,890,000 | 55,138,000 | 54,944,000 | 53,536,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 174,359,000 | 175,558,000 | 177,679,000 | 181,298,000 |
| Interest-bearing deposits | 157,564,000 | 158,767,000 | 159,532,000 | 163,800,000 |
| Noninterest-bearing deposits | 16,795,000 | 16,791,000 | 18,147,000 | 17,498,000 |
| Equity capital | 18,955,000 | 19,848,000 | 20,297,000 | 19,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,124,000 | 6,369,000 | 9,630,000 | 12,990,000 |
| Interest expense | 922,000 | 1,909,000 | 3,002,000 | 4,296,000 |
| Net interest income | 2,202,000 | 4,460,000 | 6,628,000 | 8,694,000 |
| Noninterest income | 443,000 | 1,012,000 | 1,540,000 | 2,056,000 |
| Noninterest expense | 1,643,000 | 3,434,000 | 5,131,000 | 7,060,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 750,000 |
| Pretax income | 846,000 | 1,716,000 | 2,557,000 | 2,917,000 |
| Income tax | 253,000 | 532,000 | 808,000 | 853,000 |
| Net income | 593,000 | 1,184,000 | 1,749,000 | 2,064,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,442,000 | 20,032,000 | 20,597,000 | 20,466,000 |
| Total capital | 20,842,000 | 21,534,000 | 22,136,000 | 21,893,000 |
| Risk-weighted assets | 196,454,000 | 201,242,000 | 202,335,000 | 161,849,000 |