Call reports 2022
FIRST PROGRESSIVE BANK — 2022
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 33,040,000 | 34,401,000 | 33,816,000 | 33,557,000 |
| Total loans | 8,637,000 | 8,943,000 | 8,799,000 | 9,268,000 |
| Allowance for loan losses | 92,000 | 92,000 | 92,000 | 92,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 17,516,000 | 17,514,000 | 17,514,000 | 17,295,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,576,000 | 25,958,000 | 25,349,000 | 25,068,000 |
| Interest-bearing deposits | 10,924,000 | 12,082,000 | 11,891,000 | 11,817,000 |
| Noninterest-bearing deposits | 13,652,000 | 13,876,000 | 13,458,000 | 13,251,000 |
| Equity capital | 8,459,000 | 8,437,000 | 8,464,000 | 8,486,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 178,000 | 354,000 | 547,000 | 754,000 |
| Interest expense | 4,000 | 8,000 | 12,000 | 17,000 |
| Net interest income | 174,000 | 346,000 | 535,000 | 737,000 |
| Noninterest income | 5,000 | 9,000 | 15,000 | 19,000 |
| Noninterest expense | 165,000 | 363,000 | 532,000 | 715,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 14,000 | -8,000 | 18,000 | 41,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 14,000 | -8,000 | 18,000 | 41,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,459,000 | 8,437,000 | 8,464,000 | 8,486,000 |