Call reports 2001
CITIZENS PROGRESSIVE BANK — 2001
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 30,680,000 | 30,896,000 | 30,991,000 | 30,506,000 |
| Total loans | 15,705,000 | 17,604,000 | 18,279,000 | 19,025,000 |
| Allowance for loan losses | 305,000 | 322,000 | 357,000 | 300,000 |
| Securities available for sale | 5,329,000 | 5,653,000 | 6,128,000 | 7,145,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,722,000 | 26,857,000 | 26,895,000 | 26,565,000 |
| Interest-bearing deposits | 21,781,000 | 20,946,000 | 22,544,000 | 21,638,000 |
| Noninterest-bearing deposits | 4,941,000 | 5,911,000 | 4,351,000 | 4,927,000 |
| Equity capital | 3,814,000 | 3,875,000 | 3,890,000 | 3,865,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 556,000 | 1,147,000 | 1,719,000 | 2,276,000 |
| Interest expense | 260,000 | 498,000 | 727,000 | 935,000 |
| Net interest income | 296,000 | 649,000 | 992,000 | 1,341,000 |
| Noninterest income | 47,000 | 93,000 | 149,000 | 209,000 |
| Noninterest expense | 299,000 | 623,000 | 966,000 | 1,346,000 |
| Provision for loan losses | 15,000 | 30,000 | 90,000 | 105,000 |
| Pretax income | 29,000 | 89,000 | 85,000 | 99,000 |
| Income tax | 71,000 | 72,000 | 72,000 | 72,000 |
| Net income | -42,000 | 17,000 | 13,000 | 27,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,768,000 | 3,827,000 | 3,823,000 | 3,837,000 |
| Total capital | 3,993,000 | 4,071,000 | 4,090,000 | 4,104,000 |
| Risk-weighted assets | 17,894,000 | 19,407,000 | 21,261,000 | 21,356,000 |