Call reports 2018
PROGRESSIVE BANK, NATIONAL ASSOCIATION — 2018
What PROGRESSIVE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 |
|---|---|
| Total assets | 338,215,000 |
| Total loans | 98,255,000 |
| Allowance for loan losses | 1,772,000 |
| Securities available for sale | 190,351,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 283,572,000 |
| Interest-bearing deposits | 237,665,000 |
| Noninterest-bearing deposits | 45,907,000 |
| Equity capital | 29,469,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 |
|---|---|
| Interest income | 2,387,000 |
| Interest expense | 231,000 |
| Net interest income | 2,156,000 |
| Noninterest income | 232,000 |
| Noninterest expense | 1,977,000 |
| Provision for loan losses | 0 |
| Pretax income | 400,000 |
| Income tax | 33,000 |
| Net income | 367,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 |
|---|---|
| Tier 1 capital | 30,834,000 |
| Total capital | 32,601,000 |
| Risk-weighted assets | 141,382,000 |