Call reports 2010
PROGRESS BANK AND TRUST — 2010
What PROGRESS BANK AND TRUST reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 289,733,000 | 286,838,000 | 305,545,000 | 320,631,000 |
| Total loans | 205,918,000 | 213,668,000 | 222,622,000 | 224,551,000 |
| Allowance for loan losses | 2,696,000 | 2,797,000 | 2,951,000 | 3,035,000 |
| Securities available for sale | 42,728,000 | 54,524,000 | 70,727,000 | 70,187,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 96,000 | 173,000 | 221,000 | 142,000 |
| Total deposits | 256,552,000 | 248,649,000 | 263,890,000 | 277,242,000 |
| Interest-bearing deposits | 238,060,000 | 230,144,000 | 244,924,000 | 256,899,000 |
| Noninterest-bearing deposits | 18,492,000 | 18,505,000 | 18,966,000 | 20,343,000 |
| Equity capital | 31,389,000 | 32,848,000 | 36,095,000 | 35,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,009,000 | 6,238,000 | 9,613,000 | 13,090,000 |
| Interest expense | 955,000 | 2,017,000 | 3,048,000 | 4,055,000 |
| Net interest income | 2,054,000 | 4,221,000 | 6,565,000 | 9,035,000 |
| Noninterest income | 516,000 | 1,246,000 | 1,969,000 | 2,821,000 |
| Noninterest expense | 2,220,000 | 4,636,000 | 7,065,000 | 9,695,000 |
| Provision for loan losses | 148,000 | 332,000 | 498,000 | 608,000 |
| Pretax income | 281,000 | 656,000 | 1,128,000 | 1,715,000 |
| Income tax | 0 | 0 | -2,341,000 | -2,111,000 |
| Net income | 281,000 | 656,000 | 3,469,000 | 3,826,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,296,000 | 32,407,000 | 34,487,000 | 36,027,000 |
| Total capital | 33,992,000 | 35,204,000 | 37,438,000 | 39,062,000 |
| Risk-weighted assets | 224,911,000 | 228,736,000 | 243,244,000 | 259,532,000 |