Call reports 2011
PROGRESS BANK AND TRUST — 2011
What PROGRESS BANK AND TRUST reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 338,830,000 | 347,378,000 | 366,621,000 | 391,209,000 |
| Total loans | 231,411,000 | 241,950,000 | 264,595,000 | 279,576,000 |
| Allowance for loan losses | 3,213,000 | 3,367,000 | 3,324,000 | 3,503,000 |
| Securities available for sale | 75,805,000 | 80,432,000 | 78,004,000 | 78,380,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 123,000 | 176,000 | 501,000 | 674,000 |
| Total deposits | 294,400,000 | 300,537,000 | 307,969,000 | 332,823,000 |
| Interest-bearing deposits | 268,127,000 | 273,765,000 | 279,120,000 | 301,630,000 |
| Noninterest-bearing deposits | 26,273,000 | 26,772,000 | 28,849,000 | 31,192,000 |
| Equity capital | 39,207,000 | 40,525,000 | 41,812,000 | 42,319,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,414,000 | 7,035,000 | 10,773,000 | 14,772,000 |
| Interest expense | 897,000 | 1,759,000 | 2,577,000 | 3,400,000 |
| Net interest income | 2,517,000 | 5,276,000 | 8,196,000 | 11,372,000 |
| Noninterest income | 537,000 | 1,139,000 | 1,806,000 | 2,677,000 |
| Noninterest expense | 2,651,000 | 5,379,000 | 8,198,000 | 11,245,000 |
| Provision for loan losses | 235,000 | 388,000 | 609,000 | 803,000 |
| Pretax income | 171,000 | 700,000 | 1,343,000 | 2,207,000 |
| Income tax | 34,000 | 189,000 | 376,000 | 642,000 |
| Net income | 137,000 | 511,000 | 967,000 | 1,565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,814,000 | 39,490,000 | 40,281,000 | 41,623,000 |
| Total capital | 42,027,000 | 42,845,000 | 43,605,000 | 45,126,000 |
| Risk-weighted assets | 270,908,000 | 279,491,000 | 305,575,000 | 330,671,000 |