Call reports 2015
FORTIFI BANK — 2015
What FORTIFI BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 353,886,000 | 346,290,000 | 358,740,000 | 382,177,000 |
| Total loans | 246,286,000 | 254,055,000 | 261,154,000 | 260,261,000 |
| Allowance for loan losses | 2,598,000 | 2,601,000 | 2,559,000 | 2,412,000 |
| Securities available for sale | 48,131,000 | 55,595,000 | 52,429,000 | 47,498,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 296,029,000 | 282,961,000 | 294,178,000 | 323,628,000 |
| Interest-bearing deposits | 253,160,000 | 237,565,000 | 246,027,000 | 271,248,000 |
| Noninterest-bearing deposits | 42,869,000 | 45,396,000 | 48,151,000 | 52,380,000 |
| Equity capital | 30,420,000 | 35,533,000 | 36,451,000 | 36,264,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,503,000 | 7,113,000 | 10,812,000 | 14,557,000 |
| Interest expense | 305,000 | 627,000 | 954,000 | 1,298,000 |
| Net interest income | 3,198,000 | 6,486,000 | 9,858,000 | 13,259,000 |
| Noninterest income | 904,000 | 1,720,000 | 2,657,000 | 3,481,000 |
| Noninterest expense | 3,145,000 | 6,282,000 | 9,821,000 | 13,252,000 |
| Provision for loan losses | 75,000 | 75,000 | 75,000 | 75,000 |
| Pretax income | 915,000 | 1,881,000 | 2,705,000 | 3,517,000 |
| Income tax | 320,000 | 661,000 | 946,000 | 1,228,000 |
| Net income | 595,000 | 1,220,000 | 1,759,000 | 2,289,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,149,000 | 35,837,000 | 36,307,000 | 36,342,000 |
| Total capital | 32,747,000 | 38,438,000 | 38,866,000 | 38,754,000 |
| Risk-weighted assets | 253,995,000 | 274,350,000 | 279,965,000 | 277,295,000 |