FACTANKER · measured, cited, anchored official records connected

Call report 2023Q4

FORTIFI BANK — 2023Q4

The 22 measures FORTIFI BANK reported to the FFIEC for 2023Q4, each linked to its source filing.

PERIOD: 2023Q4SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/f16a8f14-e94f-4d36-a662-608fc41bf3cc/2023Q4

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets638,920,000USDevidence →
Total loans457,131,000USDevidence →
Allowance for loan losses5,157,000USDevidence →
Securities available for sale93,452,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits499,501,000USDevidence →
Interest-bearing deposits361,352,000USDevidence →
Noninterest-bearing deposits138,149,000USDevidence →
Equity capital69,003,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income31,630,000USDevidence →
Interest expense8,362,000USDevidence →
Net interest income23,268,000USDevidence →
Noninterest income3,519,000USDevidence →
Noninterest expense16,057,000USDevidence →
Provision for loan losses450,000USDevidence →
Pretax income10,138,000USDevidence →
Income tax3,072,000USDevidence →
Net income7,066,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital76,575,000USDevidence →
Total capital82,111,000USDevidence →
Risk-weighted assets525,340,000USDevidence →