Call reports 2025
FORTIFI BANK — 2025
What FORTIFI BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 678,620,000 | 673,356,000 | 700,426,000 | 744,830,000 |
| Total loans | 515,242,000 | 531,992,000 | 553,126,000 | 566,211,000 |
| Allowance for loan losses | 6,311,000 | 6,665,000 | 6,958,000 | 6,960,000 |
| Securities available for sale | 79,102,000 | 78,623,000 | 77,323,000 | 75,269,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 529,982,000 | 534,936,000 | 561,130,000 | 605,349,000 |
| Interest-bearing deposits | 405,058,000 | 409,790,000 | 436,900,000 | 478,209,000 |
| Noninterest-bearing deposits | 124,924,000 | 125,146,000 | 124,230,000 | 127,140,000 |
| Equity capital | 81,064,000 | 84,314,000 | 87,689,000 | 87,866,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 10,073,000 | 20,510,000 | 31,307,000 | 42,481,000 |
| Interest expense | 3,204,000 | 6,509,000 | 9,993,000 | 13,675,000 |
| Net interest income | 6,869,000 | 14,001,000 | 21,314,000 | 28,806,000 |
| Noninterest income | 943,000 | 1,813,000 | 2,782,000 | 3,821,000 |
| Noninterest expense | 4,037,000 | 8,223,000 | 12,408,000 | 16,847,000 |
| Provision for loan losses | 400,000 | 750,000 | 1,050,000 | 1,350,000 |
| Pretax income | 3,372,000 | 6,711,000 | 10,499,000 | 14,259,000 |
| Income tax | 631,000 | 1,293,000 | 2,050,000 | 2,803,000 |
| Net income | 2,741,000 | 5,418,000 | 8,449,000 | 11,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,948,000 | 89,326,000 | 92,046,000 | 91,560,000 |
| Total capital | 93,749,000 | 96,480,000 | 99,493,000 | 99,009,000 |
| Risk-weighted assets | 564,683,000 | 579,885,000 | 601,611,000 | 614,617,000 |