Call reports 2015
PROGRESSIVE BANK, NATIONAL ASSOCIATION — 2015
What PROGRESSIVE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 340,543,000 | 329,367,000 | 346,749,000 | 345,094,000 |
| Total loans | 102,844,000 | 104,820,000 | 101,635,000 | 100,098,000 |
| Allowance for loan losses | 1,811,000 | 1,758,000 | 1,791,000 | 1,798,000 |
| Securities available for sale | 198,438,000 | 191,128,000 | 196,630,000 | 203,376,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,548,000 | 267,385,000 | 271,933,000 | 282,318,000 |
| Interest-bearing deposits | 234,589,000 | 229,553,000 | 234,453,000 | 242,176,000 |
| Noninterest-bearing deposits | 39,959,000 | 37,832,000 | 37,480,000 | 40,142,000 |
| Equity capital | 36,069,000 | 34,706,000 | 35,790,000 | 35,219,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,530,000 | 4,832,000 | 7,158,000 | 10,375,000 |
| Interest expense | 351,000 | 698,000 | 1,043,000 | 1,377,000 |
| Net interest income | 2,179,000 | 4,134,000 | 6,115,000 | 8,998,000 |
| Noninterest income | 238,000 | 459,000 | 700,000 | 950,000 |
| Noninterest expense | 2,014,000 | 4,069,000 | 6,101,000 | 8,262,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 30,000 |
| Pretax income | 1,359,000 | 1,678,000 | 1,838,000 | 2,810,000 |
| Income tax | 325,000 | 290,000 | 200,000 | 371,000 |
| Net income | 1,034,000 | 1,388,000 | 1,638,000 | 2,439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,908,000 | 31,896,000 | 31,685,000 | 32,101,000 |
| Total capital | 33,719,000 | 33,654,000 | 33,476,000 | 33,899,000 |
| Risk-weighted assets | 148,811,000 | 151,208,000 | 146,162,000 | 146,049,000 |