Call reports 2006
FORTIFI BANK — 2006
What FORTIFI BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 226,444,000 | 233,088,000 | 238,743,000 | 242,903,000 |
| Total loans | 155,688,000 | 162,021,000 | 164,282,000 | 158,588,000 |
| Allowance for loan losses | 1,795,000 | 2,130,000 | 2,136,000 | 2,523,000 |
| Securities available for sale | 53,412,000 | 52,652,000 | 53,014,000 | 52,870,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 185,424,000 | 191,084,000 | 188,345,000 | 194,743,000 |
| Interest-bearing deposits | 169,289,000 | 173,480,000 | 170,914,000 | 177,016,000 |
| Noninterest-bearing deposits | 16,135,000 | 17,604,000 | 17,431,000 | 17,727,000 |
| Equity capital | 19,959,000 | 19,896,000 | 20,939,000 | 20,409,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,386,000 | 6,984,000 | 10,735,000 | 14,562,000 |
| Interest expense | 1,458,000 | 3,067,000 | 4,816,000 | 6,659,000 |
| Net interest income | 1,928,000 | 3,917,000 | 5,919,000 | 7,903,000 |
| Noninterest income | 541,000 | 1,202,000 | 1,953,000 | 2,591,000 |
| Noninterest expense | 1,735,000 | 3,589,000 | 5,443,000 | 7,577,000 |
| Provision for loan losses | 300,000 | 600,000 | 750,000 | 1,650,000 |
| Pretax income | 434,000 | 930,000 | 1,679,000 | 1,267,000 |
| Income tax | 101,000 | 200,000 | 371,000 | 147,000 |
| Net income | 333,000 | 730,000 | 1,308,000 | 1,120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,660,000 | 20,881,000 | 21,460,000 | 20,832,000 |
| Total capital | 22,455,000 | 23,011,000 | 23,596,000 | 23,007,000 |
| Risk-weighted assets | 163,927,000 | 170,559,000 | 174,289,000 | 173,614,000 |