Call reports 2015
FIRST PROGRESSIVE BANK — 2015
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 32,047,000 | 31,738,000 | 31,051,000 | 31,324,000 |
| Total loans | 8,674,000 | 8,576,000 | 8,398,000 | 8,182,000 |
| Allowance for loan losses | 106,000 | 106,000 | 106,000 | 106,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 19,024,000 | 19,019,000 | 19,014,000 | 19,008,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,948,000 | 23,591,000 | 22,892,000 | 23,190,000 |
| Interest-bearing deposits | 10,852,000 | 11,043,000 | 10,541,000 | 10,169,000 |
| Noninterest-bearing deposits | 13,096,000 | 12,548,000 | 12,351,000 | 13,021,000 |
| Equity capital | 8,068,000 | 8,107,000 | 8,137,000 | 8,114,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 232,000 | 462,000 | 685,000 | 901,000 |
| Interest expense | 12,000 | 24,000 | 32,000 | 38,000 |
| Net interest income | 220,000 | 438,000 | 653,000 | 863,000 |
| Noninterest income | 3,000 | 7,000 | 10,000 | 13,000 |
| Noninterest expense | 199,000 | 378,000 | 565,000 | 801,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 24,000 | 67,000 | 98,000 | 75,000 |
| Income tax | 0 | 4,000 | 5,000 | 5,000 |
| Net income | 24,000 | 63,000 | 93,000 | 70,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,068,000 | 8,107,000 | 8,137,000 | 8,114,000 |
| Total capital | 8,174,000 | 8,213,000 | 8,243,000 | 8,220,000 |
| Risk-weighted assets | 12,224,000 | 12,209,000 | 11,913,000 | 11,769,000 |