Call reports 2018
FIRST PROGRESSIVE BANK — 2018
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 31,435,000 | 30,680,000 | 30,449,000 | 30,261,000 |
| Total loans | 8,103,000 | 8,062,000 | 8,226,000 | 8,335,000 |
| Allowance for loan losses | 92,000 | 92,000 | 92,000 | 92,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 18,281,000 | 18,280,000 | 18,607,000 | 18,581,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,170,000 | 22,386,000 | 22,131,000 | 21,930,000 |
| Interest-bearing deposits | 11,167,000 | 9,244,000 | 10,568,000 | 10,495,000 |
| Noninterest-bearing deposits | 12,003,000 | 13,142,000 | 11,563,000 | 11,435,000 |
| Equity capital | 8,242,000 | 8,273,000 | 8,310,000 | 8,316,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 199,000 | 401,000 | 603,000 | 808,000 |
| Interest expense | 6,000 | 12,000 | 19,000 | 25,000 |
| Net interest income | 193,000 | 389,000 | 584,000 | 783,000 |
| Noninterest income | 6,000 | 9,000 | 12,000 | 15,000 |
| Noninterest expense | 157,000 | 326,000 | 487,000 | 683,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 42,000 | 72,000 | 109,000 | 115,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 42,000 | 72,000 | 109,000 | 115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,242,000 | 8,273,000 | 8,310,000 | 8,316,000 |
| Total capital | 8,334,000 | 8,365,000 | 8,402,000 | 8,408,000 |
| Risk-weighted assets | 11,390,000 | 11,270,000 | 11,343,000 | 11,559,000 |