Call reports 2008
FIRST PROGRESSIVE BANK — 2008
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 33,160,000 | 31,773,000 | 28,153,000 | 28,520,000 |
| Total loans | 8,410,000 | 8,690,000 | 8,413,000 | 8,479,000 |
| Allowance for loan losses | 172,000 | 172,000 | 172,000 | 172,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 17,568,000 | 19,568,000 | 17,567,000 | 15,414,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,500,000 | 24,081,000 | 20,449,000 | 20,852,000 |
| Interest-bearing deposits | 10,107,000 | 8,976,000 | 9,356,000 | 8,966,000 |
| Noninterest-bearing deposits | 15,393,000 | 15,105,000 | 11,093,000 | 11,886,000 |
| Equity capital | 7,513,000 | 7,565,000 | 7,627,000 | 7,601,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 365,000 | 696,000 | 1,018,000 | 1,311,000 |
| Interest expense | 77,000 | 144,000 | 198,000 | 252,000 |
| Net interest income | 288,000 | 552,000 | 820,000 | 1,059,000 |
| Noninterest income | 9,000 | 16,000 | 34,000 | 45,000 |
| Noninterest expense | 210,000 | 405,000 | 588,000 | 829,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 87,000 | 163,000 | 263,000 | 272,000 |
| Income tax | 20,000 | 44,000 | 82,000 | 67,000 |
| Net income | 67,000 | 119,000 | 181,000 | 205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,513,000 | 7,565,000 | 7,627,000 | 7,601,000 |
| Total capital | 7,666,000 | 7,716,000 | 7,767,000 | 7,746,000 |
| Risk-weighted assets | 12,189,000 | 12,067,000 | 11,149,000 | 11,287,000 |
Machine access — free, no API key
Every figure shown here about FIRST PROGRESSIVE BANK — 2008 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.