Call reports 2011
FORTIFI BANK — 2011
What FORTIFI BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 268,998,000 | 274,378,000 | 264,007,000 | 283,245,000 |
| Total loans | 175,249,000 | 185,362,000 | 193,231,000 | 189,337,000 |
| Allowance for loan losses | 2,970,000 | 2,884,000 | 2,958,000 | 2,927,000 |
| Securities available for sale | 53,250,000 | 44,292,000 | 39,672,000 | 38,335,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,325,000 | 241,698,000 | 230,445,000 | 249,871,000 |
| Interest-bearing deposits | 209,945,000 | 212,603,000 | 200,311,000 | 217,625,000 |
| Noninterest-bearing deposits | 25,380,000 | 29,095,000 | 30,134,000 | 32,246,000 |
| Equity capital | 24,296,000 | 24,948,000 | 25,559,000 | 25,559,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,838,000 | 5,898,000 | 8,995,000 | 12,019,000 |
| Interest expense | 396,000 | 746,000 | 1,104,000 | 1,468,000 |
| Net interest income | 2,442,000 | 5,152,000 | 7,891,000 | 10,551,000 |
| Noninterest income | 618,000 | 1,246,000 | 1,911,000 | 2,569,000 |
| Noninterest expense | 2,431,000 | 4,868,000 | 7,360,000 | 10,125,000 |
| Provision for loan losses | 300,000 | 540,000 | 915,000 | 1,215,000 |
| Pretax income | 329,000 | 1,105,000 | 1,732,000 | 1,985,000 |
| Income tax | 99,000 | 372,000 | 589,000 | 640,000 |
| Net income | 230,000 | 733,000 | 1,143,000 | 1,345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,153,000 | 24,560,000 | 24,971,000 | 24,938,000 |
| Total capital | 26,512,000 | 27,024,000 | 27,502,000 | 27,444,000 |
| Risk-weighted assets | 188,136,000 | 196,739,000 | 202,048,000 | 200,086,000 |