Call reports 2013
FIRST PROGRESSIVE BANK — 2013
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 31,269,000 | 30,928,000 | 31,338,000 | 31,716,000 |
| Total loans | 7,710,000 | 7,994,000 | 8,703,000 | 8,910,000 |
| Allowance for loan losses | 167,000 | 167,000 | 167,000 | 167,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 19,029,000 | 19,401,000 | 19,394,000 | 19,136,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,366,000 | 22,976,000 | 23,361,000 | 23,724,000 |
| Interest-bearing deposits | 11,215,000 | 11,214,000 | 11,286,000 | 11,285,000 |
| Noninterest-bearing deposits | 12,151,000 | 11,762,000 | 12,075,000 | 12,439,000 |
| Equity capital | 7,868,000 | 7,908,000 | 7,951,000 | 7,962,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 236,000 | 471,000 | 708,000 | 951,000 |
| Interest expense | 17,000 | 34,000 | 47,000 | 61,000 |
| Net interest income | 219,000 | 437,000 | 661,000 | 890,000 |
| Noninterest income | 4,000 | 8,000 | 11,000 | 14,000 |
| Noninterest expense | 215,000 | 397,000 | 579,000 | 802,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 8,000 | 48,000 | 93,000 | 102,000 |
| Income tax | 0 | 0 | 2,000 | 0 |
| Net income | 8,000 | 48,000 | 91,000 | 102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,868,000 | 7,908,000 | 7,951,000 | 7,962,000 |
| Total capital | 8,007,000 | 8,047,000 | 8,099,000 | 8,113,000 |
| Risk-weighted assets | 11,120,000 | 11,159,000 | 11,810,000 | 12,043,000 |