Call reports 2011
FIRST PROGRESSIVE BANK — 2011
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 29,758,000 | 30,180,000 | 29,529,000 | 29,990,000 |
| Total loans | 8,173,000 | 8,175,000 | 8,150,000 | 8,145,000 |
| Allowance for loan losses | 167,000 | 167,000 | 167,000 | 167,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 15,827,000 | 17,086,000 | 17,699,000 | 16,162,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,025,000 | 22,397,000 | 21,735,000 | 22,169,000 |
| Interest-bearing deposits | 9,278,000 | 9,215,000 | 9,334,000 | 9,612,000 |
| Noninterest-bearing deposits | 12,747,000 | 13,182,000 | 12,401,000 | 12,557,000 |
| Equity capital | 7,703,000 | 7,738,000 | 7,764,000 | 7,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 221,000 | 451,000 | 689,000 | 923,000 |
| Interest expense | 14,000 | 29,000 | 46,000 | 62,000 |
| Net interest income | 207,000 | 422,000 | 643,000 | 861,000 |
| Noninterest income | 5,000 | 9,000 | 13,000 | 18,000 |
| Noninterest expense | 208,000 | 392,000 | 586,000 | 784,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,000 | 39,000 | 70,000 | 95,000 |
| Income tax | 0 | 0 | 5,000 | 3,000 |
| Net income | 4,000 | 39,000 | 65,000 | 92,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,703,000 | 7,738,000 | 7,764,000 | 7,791,000 |
| Total capital | 7,845,000 | 7,881,000 | 7,904,000 | 7,933,000 |
| Risk-weighted assets | 11,357,000 | 11,407,000 | 11,209,000 | 11,326,000 |