Call reports 2022
PROGRESS BANK AND TRUST — 2022
What PROGRESS BANK AND TRUST reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,859,951,000 | 1,835,242,000 | 1,734,384,000 | 1,757,159,000 |
| Total loans | 1,285,390,000 | 1,335,883,000 | 1,412,636,000 | 1,482,463,000 |
| Allowance for loan losses | 13,566,000 | 13,574,000 | 13,504,000 | 10,586,000 |
| Securities available for sale | 121,846,000 | 115,788,000 | 109,515,000 | 110,557,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 5,046,000 | 5,816,000 | 8,748,000 | 8,323,000 |
| Total deposits | 1,669,902,000 | 1,646,262,000 | 1,499,491,000 | 1,339,364,000 |
| Interest-bearing deposits | 1,243,949,000 | 1,189,751,000 | 1,041,476,000 | 910,934,000 |
| Noninterest-bearing deposits | 425,953,000 | 456,511,000 | 458,014,000 | 428,429,000 |
| Equity capital | 172,070,000 | 169,408,000 | 168,276,000 | 171,689,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 14,648,000 | 31,258,000 | 50,258,000 | 71,119,000 |
| Interest expense | 1,413,000 | 3,119,000 | 5,408,000 | 9,306,000 |
| Net interest income | 13,235,000 | 28,139,000 | 44,850,000 | 61,813,000 |
| Noninterest income | 4,029,000 | 7,415,000 | 10,252,000 | 11,357,000 |
| Noninterest expense | 12,033,000 | 23,726,000 | 35,296,000 | 47,011,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 5,231,000 | 11,828,000 | 19,806,000 | 26,159,000 |
| Income tax | 1,136,000 | 2,609,000 | 4,429,000 | 5,786,000 |
| Net income | 4,095,000 | 9,219,000 | 15,377,000 | 20,373,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 159,771,000 | 165,092,000 | 167,673,000 | 169,067,000 |
| Total capital | 173,337,000 | 178,666,000 | 181,177,000 | 179,653,000 |
| Risk-weighted assets | 1,464,742,000 | 1,511,481,000 | 1,542,473,000 | 1,586,041,000 |