Call reports 2009
FIRST PROGRESSIVE BANK — 2009
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 28,475,000 | 27,813,000 | 28,025,000 | 30,225,000 |
| Total loans | 8,323,000 | 8,440,000 | 8,723,000 | 8,321,000 |
| Allowance for loan losses | 172,000 | 167,000 | 167,000 | 167,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 15,068,000 | 17,067,000 | 17,065,000 | 16,829,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,765,000 | 20,076,000 | 20,322,000 | 22,523,000 |
| Interest-bearing deposits | 9,324,000 | 9,189,000 | 9,127,000 | 9,505,000 |
| Noninterest-bearing deposits | 11,441,000 | 10,887,000 | 11,195,000 | 13,018,000 |
| Equity capital | 7,623,000 | 7,644,000 | 7,670,000 | 7,659,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 278,000 | 541,000 | 809,000 | 1,062,000 |
| Interest expense | 44,000 | 88,000 | 121,000 | 151,000 |
| Net interest income | 234,000 | 453,000 | 688,000 | 911,000 |
| Noninterest income | 6,000 | 12,000 | 17,000 | 22,000 |
| Noninterest expense | 214,000 | 418,000 | 625,000 | 864,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 26,000 | 47,000 | 80,000 | 69,000 |
| Income tax | 4,000 | 4,000 | 11,000 | 11,000 |
| Net income | 22,000 | 43,000 | 69,000 | 58,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,623,000 | 7,644,000 | 7,670,000 | 7,659,000 |
| Total capital | 7,762,000 | 7,781,000 | 7,809,000 | 7,804,000 |
| Risk-weighted assets | 11,122,000 | 10,955,000 | 11,101,000 | 11,536,000 |