Call report 2024Q1
FORTIFI BANK — 2024Q1
The 22 measures FORTIFI BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 640,565,000 | USD | evidence → |
| Total loans | 488,368,000 | USD | evidence → |
| Allowance for loan losses | 5,199,000 | USD | evidence → |
| Securities available for sale | 89,739,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 495,613,000 | USD | evidence → |
| Interest-bearing deposits | 371,847,000 | USD | evidence → |
| Noninterest-bearing deposits | 123,766,000 | USD | evidence → |
| Equity capital | 70,851,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 8,822,000 | USD | evidence → |
| Interest expense | 2,957,000 | USD | evidence → |
| Net interest income | 5,865,000 | USD | evidence → |
| Noninterest income | 870,000 | USD | evidence → |
| Noninterest expense | 3,864,000 | USD | evidence → |
| Provision for loan losses | 39,000 | USD | evidence → |
| Pretax income | 2,723,000 | USD | evidence → |
| Income tax | 540,000 | USD | evidence → |
| Net income | 2,183,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 78,503,000 | USD | evidence → |
| Total capital | 84,191,000 | USD | evidence → |
| Risk-weighted assets | 553,755,000 | USD | evidence → |