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Fortifi Bank
Fortifi Bank
RSSD ID 111942 | CERTIFICATE 5286 | ABA NUMBER 75902007 |
240 Broadway |
Quarter Ended : |
2025-03-31 |
Berlin, Wisconsin, 54923 |
Updated : |
2025-04-23 |
www.fortifibank.com |
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Institution Profile |
Year Opened : |
1876 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
10 |
Number of Employees : |
92 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 678,620 |
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Total Interest Income | 10,073 |
Total Liabilities | 597,556 |
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Total NonInterest Income | 943 |
Total Bank Equity Capital | 81,064 |
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Total Interest Expense | 3,204 |
Total Deposits | 529,982 |
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Total NonInterest Expense | 4,037 |
Net Loans & Leases | 508,930 |
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Net Income | 2,741 |
Loan Loss Allowance | 6,311 |
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Net Charge Offs | (9) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 93,749 |
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Total loans | 518,844 |
Total assets for the leverage ratio | 685,081 |
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Loans secured by real estate: | 435,142 |
Tier 1 Leverage Ratio | 12.69 |
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Commercial and industrial loans | 64,264 |
Tier 1 Capital Ratio | 15.4 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 16.6 |
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Loans to individuals - Other | 7,061 |
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