Call reports 2007
FIRST PROGRESSIVE BANK — 2007
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 29,348,000 | 29,127,000 | 30,783,000 | 30,577,000 |
| Total loans | 8,109,000 | 8,146,000 | 8,264,000 | 8,255,000 |
| Allowance for loan losses | 172,000 | 172,000 | 172,000 | 172,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 17,257,000 | 17,625,000 | 16,625,000 | 18,569,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,840,000 | 21,558,000 | 23,156,000 | 23,035,000 |
| Interest-bearing deposits | 9,518,000 | 9,308,000 | 10,142,000 | 9,963,000 |
| Noninterest-bearing deposits | 12,322,000 | 12,250,000 | 13,014,000 | 13,072,000 |
| Equity capital | 7,360,000 | 7,433,000 | 7,521,000 | 7,446,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 370,000 | 749,000 | 1,136,000 | 1,521,000 |
| Interest expense | 78,000 | 157,000 | 238,000 | 320,000 |
| Net interest income | 292,000 | 592,000 | 898,000 | 1,201,000 |
| Noninterest income | 8,000 | 19,000 | 30,000 | 40,000 |
| Noninterest expense | 216,000 | 409,000 | 594,000 | 829,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 84,000 | 202,000 | 334,000 | 412,000 |
| Income tax | 21,000 | 66,000 | 110,000 | 113,000 |
| Net income | 63,000 | 136,000 | 224,000 | 299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,360,000 | 7,433,000 | 7,521,000 | 7,446,000 |
| Total capital | 7,500,000 | 7,572,000 | 7,665,000 | 7,591,000 |
| Risk-weighted assets | 11,196,000 | 11,085,000 | 11,529,000 | 11,536,000 |
Machine access — free, no API key
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