Call reports 2012
FIRST PROGRESSIVE BANK — 2012
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 30,013,000 | 29,774,000 | 29,861,000 | 30,620,000 |
| Total loans | 8,151,000 | 8,098,000 | 7,875,000 | 7,386,000 |
| Allowance for loan losses | 167,000 | 167,000 | 167,000 | 167,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 17,655,000 | 17,737,000 | 18,430,000 | 17,734,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,185,000 | 21,900,000 | 21,968,000 | 22,729,000 |
| Interest-bearing deposits | 9,747,000 | 10,026,000 | 10,720,000 | 10,861,000 |
| Noninterest-bearing deposits | 12,438,000 | 11,874,000 | 11,248,000 | 11,868,000 |
| Equity capital | 7,795,000 | 7,831,000 | 7,857,000 | 7,860,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 234,000 | 473,000 | 714,000 | 953,000 |
| Interest expense | 17,000 | 32,000 | 50,000 | 66,000 |
| Net interest income | 217,000 | 441,000 | 664,000 | 887,000 |
| Noninterest income | 4,000 | 8,000 | 15,000 | 20,000 |
| Noninterest expense | 217,000 | 405,000 | 602,000 | 834,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,000 | 44,000 | 77,000 | 73,000 |
| Income tax | 0 | 4,000 | 11,000 | 4,000 |
| Net income | 4,000 | 40,000 | 66,000 | 69,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,795,000 | 7,831,000 | 7,857,000 | 7,860,000 |
| Total capital | 7,937,000 | 7,972,000 | 7,996,000 | 7,996,000 |
| Risk-weighted assets | 11,330,000 | 11,256,000 | 11,155,000 | 10,886,000 |