Call reports 2018
PROGRESS BANK AND TRUST — 2018
What PROGRESS BANK AND TRUST reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,081,981,000 | 1,147,340,000 | 1,149,416,000 | 1,171,614,000 |
| Total loans | 862,822,000 | 912,879,000 | 913,380,000 | 947,333,000 |
| Allowance for loan losses | 5,895,000 | 5,979,000 | 5,998,000 | 7,121,000 |
| Securities available for sale | 60,186,000 | 59,531,000 | 58,246,000 | 59,343,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 54,000 | 44,000 | 41,000 | 46,000 |
| Total deposits | 884,127,000 | 914,930,000 | 924,344,000 | 939,787,000 |
| Interest-bearing deposits | 745,551,000 | 776,582,000 | 777,776,000 | 796,326,000 |
| Noninterest-bearing deposits | 138,576,000 | 138,348,000 | 146,568,000 | 143,461,000 |
| Equity capital | 127,251,000 | 137,863,000 | 140,260,000 | 143,893,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 11,187,000 | 22,974,000 | 35,490,000 | 49,434,000 |
| Interest expense | 2,078,000 | 4,556,000 | 7,716,000 | 11,091,000 |
| Net interest income | 9,109,000 | 18,418,000 | 27,774,000 | 38,343,000 |
| Noninterest income | 1,935,000 | 3,901,000 | 5,859,000 | 7,896,000 |
| Noninterest expense | 7,495,000 | 15,020,000 | 22,381,000 | 30,183,000 |
| Provision for loan losses | 950,000 | 1,300,000 | 1,845,000 | 2,990,000 |
| Pretax income | 2,597,000 | 5,997,000 | 9,405,000 | 13,064,000 |
| Income tax | 520,000 | 1,250,000 | 1,979,000 | 2,549,000 |
| Net income | 2,077,000 | 4,747,000 | 7,426,000 | 10,515,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,709,000 | 119,502,000 | 122,323,000 | 125,547,000 |
| Total capital | 114,604,000 | 125,481,000 | 128,321,000 | 132,668,000 |
| Risk-weighted assets | 996,812,000 | 1,045,407,000 | 1,056,218,000 | 1,090,919,000 |