FACTANKER · measured, cited, anchored official records connected

Call report 2024Q2

FORTIFI BANK — 2024Q2

The 22 measures FORTIFI BANK reported to the FFIEC for 2024Q2, each linked to its source filing.

PERIOD: 2024Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/f16a8f14-e94f-4d36-a662-608fc41bf3cc/2024Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets655,179,000USDevidence →
Total loans506,881,000USDevidence →
Allowance for loan losses5,331,000USDevidence →
Securities available for sale87,033,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits497,181,000USDevidence →
Interest-bearing deposits363,357,000USDevidence →
Noninterest-bearing deposits133,824,000USDevidence →
Equity capital73,222,000USDevidence →

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 income18,277,000USDevidence →
Interest expense6,156,000USDevidence →
Net interest income12,121,000USDevidence →
Noninterest income2,157,000USDevidence →
Noninterest expense7,835,000USDevidence →
Provision for loan losses189,000USDevidence →
Pretax income6,011,000USDevidence →
Income tax1,193,000USDevidence →
Net income4,818,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital80,882,000USDevidence →
Total capital86,703,000USDevidence →
Risk-weighted assets570,924,000USDevidence →