Call reports 2003
CITIZENS PROGRESSIVE BANK — 2003
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 35,440,000 | 35,887,000 | 38,774,000 | 37,575,000 |
| Total loans | 24,835,000 | 27,725,000 | 29,043,000 | 27,583,000 |
| Allowance for loan losses | 413,000 | 444,000 | 468,000 | 504,000 |
| Securities available for sale | 4,887,000 | 4,600,000 | 5,366,000 | 3,428,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,188,000 | 29,649,000 | 29,525,000 | 29,724,000 |
| Interest-bearing deposits | 22,826,000 | 22,782,000 | 23,630,000 | 23,604,000 |
| Noninterest-bearing deposits | 6,362,000 | 6,867,000 | 5,895,000 | 6,120,000 |
| Equity capital | 4,268,000 | 4,229,000 | 4,409,000 | 4,602,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 604,000 | 1,245,000 | 1,948,000 | 2,611,000 |
| Interest expense | 144,000 | 279,000 | 410,000 | 535,000 |
| Net interest income | 460,000 | 966,000 | 1,538,000 | 2,076,000 |
| Noninterest income | 93,000 | 204,000 | 320,000 | 446,000 |
| Noninterest expense | 391,000 | 801,000 | 1,207,000 | 1,634,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 117,000 | 279,000 | 513,000 | 708,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 117,000 | 279,000 | 513,000 | 708,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,114,000 | 4,120,000 | 4,354,000 | 4,549,000 |
| Total capital | 4,449,000 | 4,491,000 | 4,739,000 | 4,913,000 |
| Risk-weighted assets | 26,698,000 | 29,581,000 | 30,772,000 | 28,967,000 |