Call reports 2016
FIRST PROGRESSIVE BANK — 2016
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 31,471,000 | 31,248,000 | 31,085,000 | 31,485,000 |
| Total loans | 8,037,000 | 8,386,000 | 8,427,000 | 8,159,000 |
| Allowance for loan losses | 106,000 | 106,000 | 106,000 | 90,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 19,003,000 | 18,998,000 | 18,902,000 | 18,861,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,334,000 | 23,101,000 | 22,935,000 | 23,336,000 |
| Interest-bearing deposits | 9,154,000 | 10,644,000 | 10,845,000 | 10,976,000 |
| Noninterest-bearing deposits | 14,180,000 | 12,457,000 | 12,090,000 | 12,360,000 |
| Equity capital | 8,113,000 | 8,122,000 | 8,130,000 | 8,134,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 212,000 | 409,000 | 612,000 | 816,000 |
| Interest expense | 6,000 | 13,000 | 19,000 | 26,000 |
| Net interest income | 206,000 | 396,000 | 593,000 | 790,000 |
| Noninterest income | 3,000 | 7,000 | 2,000 | 7,000 |
| Noninterest expense | 210,000 | 395,000 | 579,000 | 793,000 |
| Provision for loan losses | 0 | 0 | 0 | -16,000 |
| Pretax income | -1,000 | 8,000 | 16,000 | 20,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,000 | 8,000 | 16,000 | 20,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,113,000 | 8,122,000 | 8,130,000 | 8,134,000 |
| Total capital | 8,219,000 | 8,228,000 | 8,236,000 | 8,224,000 |
| Risk-weighted assets | 11,727,000 | 11,842,000 | 11,618,000 | 11,542,000 |