Call reports 2013
PROGRESS BANK AND TRUST — 2013
What PROGRESS BANK AND TRUST reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 487,115,000 | 509,805,000 | 523,621,000 | 530,092,000 |
| Total loans | 336,842,000 | 361,018,000 | 377,167,000 | 373,816,000 |
| Allowance for loan losses | 4,308,000 | 3,740,000 | 4,058,000 | 4,171,000 |
| Securities available for sale | 102,608,000 | 104,770,000 | 90,141,000 | 98,516,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,112,000 | 371,000 | 679,000 | 420,000 |
| Total deposits | 408,753,000 | 429,631,000 | 445,654,000 | 453,245,000 |
| Interest-bearing deposits | 365,790,000 | 383,863,000 | 395,628,000 | 404,962,000 |
| Noninterest-bearing deposits | 42,963,000 | 45,768,000 | 50,026,000 | 48,283,000 |
| Equity capital | 53,814,000 | 52,775,000 | 51,352,000 | 52,190,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,297,000 | 8,756,000 | 13,466,000 | 18,192,000 |
| Interest expense | 807,000 | 1,620,000 | 2,450,000 | 3,258,000 |
| Net interest income | 3,490,000 | 7,136,000 | 11,016,000 | 14,934,000 |
| Noninterest income | 987,000 | 2,020,000 | 2,871,000 | 3,574,000 |
| Noninterest expense | 3,618,000 | 7,054,000 | 10,417,000 | 13,945,000 |
| Provision for loan losses | 270,000 | 400,000 | 717,000 | 820,000 |
| Pretax income | 1,107,000 | 2,296,000 | 3,387,000 | 4,377,000 |
| Income tax | 317,000 | 660,000 | 970,000 | 1,240,000 |
| Net income | 790,000 | 1,636,000 | 2,417,000 | 3,137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,445,000 | 54,366,000 | 54,123,000 | 54,919,000 |
| Total capital | 57,753,000 | 58,106,000 | 58,181,000 | 59,090,000 |
| Risk-weighted assets | 411,127,000 | 460,980,000 | 469,506,000 | 469,919,000 |