Call reports 2012
FORTIFI BANK — 2012
What FORTIFI BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 275,527,000 | 282,379,000 | 287,401,000 | 308,820,000 |
| Total loans | 193,791,000 | 195,829,000 | 199,912,000 | 203,646,000 |
| Allowance for loan losses | 3,232,000 | 3,308,000 | 3,176,000 | 2,857,000 |
| Securities available for sale | 39,036,000 | 39,768,000 | 35,107,000 | 30,681,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,125,000 | 249,528,000 | 255,002,000 | 279,565,000 |
| Interest-bearing deposits | 210,738,000 | 214,794,000 | 219,337,000 | 238,190,000 |
| Noninterest-bearing deposits | 32,387,000 | 34,734,000 | 35,665,000 | 41,375,000 |
| Equity capital | 25,993,000 | 26,638,000 | 26,901,000 | 26,775,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 3,031,000 | 6,189,000 | 9,348,000 | 12,612,000 |
| Interest expense | 384,000 | 702,000 | 981,000 | 1,248,000 |
| Net interest income | 2,647,000 | 5,487,000 | 8,367,000 | 11,364,000 |
| Noninterest income | 785,000 | 1,698,000 | 2,577,000 | 3,758,000 |
| Noninterest expense | 2,454,000 | 4,990,000 | 7,717,000 | 10,977,000 |
| Provision for loan losses | 430,000 | 755,000 | 755,000 | 755,000 |
| Pretax income | 629,000 | 1,521,000 | 2,674,000 | 3,637,000 |
| Income tax | 220,000 | 541,000 | 963,000 | 1,307,000 |
| Net income | 409,000 | 980,000 | 1,711,000 | 2,330,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,327,000 | 25,875,000 | 26,082,000 | 26,043,000 |
| Total capital | 27,925,000 | 28,509,000 | 28,678,000 | 28,687,000 |
| Risk-weighted assets | 207,195,000 | 210,036,000 | 207,133,000 | 211,269,000 |