Call reports 2015
PROGRESS BANK AND TRUST — 2015
What PROGRESS BANK AND TRUST reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 606,127,000 | 611,061,000 | 627,645,000 | 635,254,000 |
| Total loans | 454,071,000 | 471,595,000 | 474,094,000 | 497,744,000 |
| Allowance for loan losses | 4,445,000 | 4,550,000 | 4,535,000 | 4,535,000 |
| Securities available for sale | 88,567,000 | 77,874,000 | 77,930,000 | 82,828,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,066,000 | 777,000 | 1,003,000 | 657,000 |
| Total deposits | 512,392,000 | 516,948,000 | 532,594,000 | 540,222,000 |
| Interest-bearing deposits | 447,230,000 | 448,545,000 | 466,983,000 | 463,591,000 |
| Noninterest-bearing deposits | 65,162,000 | 68,403,000 | 65,611,000 | 76,631,000 |
| Equity capital | 58,940,000 | 59,414,000 | 61,238,000 | 62,998,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,965,000 | 10,221,000 | 15,868,000 | 21,367,000 |
| Interest expense | 801,000 | 1,633,000 | 2,478,000 | 3,312,000 |
| Net interest income | 4,164,000 | 8,588,000 | 13,390,000 | 18,055,000 |
| Noninterest income | 1,441,000 | 3,186,000 | 4,857,000 | 6,270,000 |
| Noninterest expense | 4,549,000 | 9,002,000 | 13,572,000 | 17,670,000 |
| Provision for loan losses | 155,000 | 255,000 | 255,000 | 255,000 |
| Pretax income | 1,057,000 | 2,619,000 | 4,549,000 | 6,529,000 |
| Income tax | 311,000 | 802,000 | 1,422,000 | 2,051,000 |
| Net income | 746,000 | 1,817,000 | 3,127,000 | 4,478,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,875,000 | 60,049,000 | 61,433,000 | 62,855,000 |
| Total capital | 63,320,000 | 64,599,000 | 65,968,000 | 67,390,000 |
| Risk-weighted assets | 525,860,000 | 518,931,000 | 537,210,000 | 587,695,000 |