Call reports 2025
FIRST PROGRESSIVE BANK — 2025
What FIRST PROGRESSIVE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 32,459,000 | 32,270,000 | 31,757,000 | 32,370,000 |
| Total loans | 10,927,000 | 11,003,000 | 10,750,000 | 10,546,000 |
| Allowance for loan losses | 138,000 | 147,000 | 162,000 | 162,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 17,454,000 | 17,454,000 | 15,854,000 | 17,285,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,702,000 | 23,474,000 | 22,924,000 | 23,481,000 |
| Interest-bearing deposits | 9,615,000 | 9,544,000 | 9,344,000 | 9,386,000 |
| Noninterest-bearing deposits | 14,087,000 | 13,930,000 | 13,580,000 | 14,095,000 |
| Equity capital | 8,751,000 | 8,787,000 | 8,827,000 | 8,883,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 231,000 | 461,000 | 708,000 | 992,000 |
| Interest expense | 3,000 | 7,000 | 10,000 | 13,000 |
| Net interest income | 228,000 | 454,000 | 698,000 | 979,000 |
| Noninterest income | 3,000 | 6,000 | 10,000 | 15,000 |
| Noninterest expense | 230,000 | 408,000 | 593,000 | 807,000 |
| Provision for loan losses | 16,000 | 25,000 | 40,000 | 40,000 |
| Pretax income | -15,000 | 27,000 | 75,000 | 147,000 |
| Income tax | 0 | 7,000 | 15,000 | 31,000 |
| Net income | -15,000 | 20,000 | 60,000 | 116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,751,000 | 8,787,000 | 8,826,000 | 8,883,000 |