Call reports 2019
PROGRESS BANK AND TRUST — 2019
What PROGRESS BANK AND TRUST reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,178,548,000 | 1,199,981,000 | 1,209,240,000 | 1,208,529,000 |
| Total loans | 949,853,000 | 965,456,000 | 968,346,000 | 965,198,000 |
| Allowance for loan losses | 6,840,000 | 6,867,000 | 8,714,000 | 8,310,000 |
| Securities available for sale | 59,816,000 | 55,589,000 | 54,920,000 | 55,752,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 74,000 | 143,000 | 217,000 | 293,000 |
| Total deposits | 978,046,000 | 1,017,792,000 | 1,012,204,000 | 1,013,458,000 |
| Interest-bearing deposits | 819,054,000 | 861,613,000 | 841,532,000 | 844,605,000 |
| Noninterest-bearing deposits | 158,992,000 | 156,180,000 | 170,672,000 | 168,853,000 |
| Equity capital | 147,203,000 | 150,921,000 | 153,169,000 | 156,371,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 12,568,000 | 26,121,000 | 39,509,000 | 52,665,000 |
| Interest expense | 3,701,000 | 7,799,000 | 11,824,000 | 15,509,000 |
| Net interest income | 8,867,000 | 18,322,000 | 27,685,000 | 37,156,000 |
| Noninterest income | 2,011,000 | 4,112,000 | 8,500,000 | 11,481,000 |
| Noninterest expense | 7,377,000 | 15,076,000 | 23,119,000 | 31,638,000 |
| Provision for loan losses | 200,000 | 300,000 | 2,216,000 | 2,216,000 |
| Pretax income | 3,304,000 | 7,067,000 | 10,863,000 | 14,796,000 |
| Income tax | 704,000 | 1,508,000 | 2,335,000 | 3,166,000 |
| Net income | 2,600,000 | 5,559,000 | 8,528,000 | 11,630,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 128,300,000 | 131,403,000 | 133,418,000 | 136,665,000 |
| Total capital | 135,140,000 | 138,270,000 | 142,132,000 | 144,975,000 |
| Risk-weighted assets | 1,101,478,000 | 1,124,352,000 | 1,131,594,000 | 1,122,022,000 |