Call reports 2017
FIRST PROGRESSIVE BANK — 2017
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 31,639,000 | 31,436,000 | 31,894,000 | 32,070,000 |
| Total loans | 8,507,000 | 8,700,000 | 8,188,000 | 8,044,000 |
| Allowance for loan losses | 90,000 | 92,000 | 92,000 | 92,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 18,859,000 | 18,857,000 | 18,949,000 | 18,282,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,498,000 | 23,269,000 | 23,688,000 | 23,851,000 |
| Interest-bearing deposits | 11,005,000 | 11,131,000 | 11,206,000 | 11,092,000 |
| Noninterest-bearing deposits | 12,493,000 | 12,138,000 | 12,482,000 | 12,759,000 |
| Equity capital | 8,123,000 | 8,147,000 | 8,187,000 | 8,201,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 201,000 | 410,000 | 614,000 | 822,000 |
| Interest expense | 6,000 | 13,000 | 19,000 | 25,000 |
| Net interest income | 195,000 | 397,000 | 595,000 | 797,000 |
| Noninterest income | 4,000 | 8,000 | 13,000 | 16,000 |
| Noninterest expense | 210,000 | 390,000 | 550,000 | 745,000 |
| Provision for loan losses | 0 | 2,000 | 2,000 | 2,000 |
| Pretax income | -11,000 | 13,000 | 56,000 | 66,000 |
| Income tax | 0 | 0 | 3,000 | 0 |
| Net income | -11,000 | 13,000 | 53,000 | 66,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,123,000 | 8,147,000 | 8,187,000 | 8,201,000 |
| Total capital | 8,213,000 | 8,239,000 | 8,279,000 | 8,293,000 |
| Risk-weighted assets | 11,691,000 | 11,859,000 | 11,504,000 | 11,520,000 |