Call reports 2009
PROGRESS BANK AND TRUST — 2009
What PROGRESS BANK AND TRUST reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 172,538,000 | 207,146,000 | 242,352,000 | 238,747,000 |
| Total loans | 137,578,000 | 172,977,000 | 191,400,000 | 199,407,000 |
| Allowance for loan losses | 1,599,000 | 2,080,000 | 2,256,000 | 2,564,000 |
| Securities available for sale | 19,581,000 | 22,356,000 | 34,715,000 | 32,112,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 94,000 | 126,000 | 76,000 |
| Total deposits | 143,609,000 | 178,437,000 | 208,871,000 | 206,169,000 |
| Interest-bearing deposits | 133,131,000 | 165,700,000 | 194,293,000 | 190,807,000 |
| Noninterest-bearing deposits | 10,478,000 | 12,737,000 | 14,578,000 | 15,362,000 |
| Equity capital | 27,393,000 | 27,108,000 | 30,808,000 | 30,847,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,929,000 | 4,749,000 | 8,018,000 | 11,518,000 |
| Interest expense | 739,000 | 1,607,000 | 2,581,000 | 3,531,000 |
| Net interest income | 1,190,000 | 3,142,000 | 5,437,000 | 7,987,000 |
| Noninterest income | 37,000 | -202,000 | -229,000 | -162,000 |
| Noninterest expense | 1,731,000 | 3,904,000 | 6,072,000 | 8,267,000 |
| Provision for loan losses | 333,000 | 814,000 | 1,081,000 | 1,446,000 |
| Pretax income | -837,000 | -1,534,000 | -1,683,000 | -1,542,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -837,000 | -1,534,000 | -1,683,000 | -1,542,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,110,000 | 27,383,000 | 30,525,000 | 30,864,000 |
| Total capital | 28,709,000 | 29,463,000 | 32,781,000 | 33,428,000 |
| Risk-weighted assets | 154,103,000 | 186,837,000 | 207,242,000 | 211,791,000 |