Call reports 2011
PROGRESSIVE BANK, NATIONAL ASSOCIATION — 2011
What PROGRESSIVE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 283,551,000 | 283,860,000 | 291,588,000 | 293,024,000 |
| Total loans | 117,324,000 | 117,248,000 | 114,286,000 | 109,429,000 |
| Allowance for loan losses | 2,000,000 | 2,529,000 | 2,525,000 | 2,504,000 |
| Securities available for sale | 138,575,000 | 140,667,000 | 142,984,000 | 150,732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,217,000 | 232,923,000 | 235,582,000 | 239,290,000 |
| Interest-bearing deposits | 205,393,000 | 202,765,000 | 205,976,000 | 207,261,000 |
| Noninterest-bearing deposits | 28,824,000 | 30,158,000 | 29,606,000 | 32,029,000 |
| Equity capital | 31,295,000 | 31,974,000 | 33,596,000 | 34,302,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,860,000 | 5,741,000 | 8,547,000 | 11,202,000 |
| Interest expense | 602,000 | 1,164,000 | 1,710,000 | 2,230,000 |
| Net interest income | 2,258,000 | 4,577,000 | 6,837,000 | 8,972,000 |
| Noninterest income | 286,000 | 564,000 | 911,000 | 1,302,000 |
| Noninterest expense | 1,886,000 | 3,776,000 | 5,659,000 | 7,560,000 |
| Provision for loan losses | 30,000 | 600,000 | 600,000 | 600,000 |
| Pretax income | 628,000 | 1,033,000 | 2,132,000 | 2,844,000 |
| Income tax | 68,000 | 54,000 | 293,000 | 356,000 |
| Net income | 560,000 | 979,000 | 1,839,000 | 2,488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,452,000 | 28,556,000 | 29,097,000 | 29,432,000 |
| Total capital | 30,339,000 | 30,373,000 | 30,946,000 | 31,264,000 |
| Risk-weighted assets | 150,831,000 | 144,609,000 | 147,204,000 | 145,920,000 |
Machine access — free, no API key
Every figure shown here about PROGRESSIVE BANK, NATIONAL ASSOCIATION — 2011 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.