Call reports 2019
FIRST PROGRESSIVE BANK — 2019
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 29,995,000 | 30,073,000 | 30,289,000 | 30,101,000 |
| Total loans | 8,414,000 | 8,446,000 | 8,428,000 | 8,565,000 |
| Allowance for loan losses | 92,000 | 92,000 | 92,000 | 92,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 17,181,000 | 17,180,000 | 17,179,000 | 17,280,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,672,000 | 21,757,000 | 21,930,000 | 21,707,000 |
| Interest-bearing deposits | 9,287,000 | 9,403,000 | 9,077,000 | 9,047,000 |
| Noninterest-bearing deposits | 12,385,000 | 12,354,000 | 12,853,000 | 12,660,000 |
| Equity capital | 8,305,000 | 8,298,000 | 8,349,000 | 8,377,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 199,000 | 405,000 | 609,000 | 812,000 |
| Interest expense | 6,000 | 12,000 | 18,000 | 23,000 |
| Net interest income | 193,000 | 393,000 | 591,000 | 789,000 |
| Noninterest income | 4,000 | 10,000 | 16,000 | 20,000 |
| Noninterest expense | 155,000 | 359,000 | 509,000 | 676,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -10,000 | -7,000 | 47,000 | 81,000 |
| Income tax | 0 | 10,000 | 13,000 | 19,000 |
| Net income | -10,000 | -17,000 | 34,000 | 62,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,305,000 | 8,298,000 | 8,349,000 | 8,377,000 |
| Total capital | 8,397,000 | 8,390,000 | 8,441,000 | 8,469,000 |
| Risk-weighted assets | 11,635,000 | 11,643,000 | 11,309,000 | 11,434,000 |