Call reports 2009
FORTIFI BANK — 2009
What FORTIFI BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 256,732,000 | 253,057,000 | 250,472,000 | 264,232,000 |
| Total loans | 158,357,000 | 159,608,000 | 159,128,000 | 153,314,000 |
| Allowance for loan losses | 2,667,000 | 2,517,000 | 2,586,000 | 2,496,000 |
| Securities available for sale | 48,633,000 | 59,680,000 | 58,737,000 | 60,944,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,689,000 | 213,276,000 | 211,284,000 | 229,121,000 |
| Interest-bearing deposits | 191,315,000 | 162,663,000 | 189,720,000 | 207,119,000 |
| Noninterest-bearing deposits | 18,374,000 | 50,613,000 | 21,564,000 | 22,002,000 |
| Equity capital | 22,050,000 | 22,267,000 | 23,064,000 | 22,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,104,000 | 6,220,000 | 9,167,000 | 12,012,000 |
| Interest expense | 1,066,000 | 2,165,000 | 3,162,000 | 3,946,000 |
| Net interest income | 2,038,000 | 4,055,000 | 6,005,000 | 8,066,000 |
| Noninterest income | 736,000 | 1,593,000 | 2,205,000 | 2,854,000 |
| Noninterest expense | 2,273,000 | 4,677,000 | 7,009,000 | 9,462,000 |
| Provision for loan losses | 150,000 | 350,000 | 600,000 | 1,850,000 |
| Pretax income | 386,000 | 657,000 | 636,000 | -244,000 |
| Income tax | 69,000 | 95,000 | 13,000 | -406,000 |
| Net income | 317,000 | 562,000 | 623,000 | 162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,981,000 | 22,225,000 | 22,287,000 | 21,826,000 |
| Total capital | 24,258,000 | 24,486,000 | 24,520,000 | 24,047,000 |
| Risk-weighted assets | 181,785,000 | 180,649,000 | 178,310,000 | 177,457,000 |