Call reports 2004
CITIZENS PROGRESSIVE BANK — 2004
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 35,489,000 | 36,444,000 | 37,385,000 | 35,057,000 |
| Total loans | 28,897,000 | 28,796,000 | 28,447,000 | 27,680,000 |
| Allowance for loan losses | 530,000 | 515,000 | 546,000 | 581,000 |
| Securities available for sale | 2,843,000 | 3,172,000 | 3,164,000 | 3,098,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,643,000 | 31,902,000 | 31,511,000 | 30,130,000 |
| Interest-bearing deposits | 23,844,000 | 25,252,000 | 24,897,000 | 23,658,000 |
| Noninterest-bearing deposits | 6,799,000 | 6,650,000 | 6,614,000 | 6,472,000 |
| Equity capital | 4,760,000 | 4,430,000 | 4,731,000 | 4,880,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 661,000 | 1,314,000 | 1,988,000 | 2,625,000 |
| Interest expense | 118,000 | 233,000 | 353,000 | 473,000 |
| Net interest income | 543,000 | 1,081,000 | 1,635,000 | 2,152,000 |
| Noninterest income | 111,000 | 212,000 | 344,000 | 457,000 |
| Noninterest expense | 402,000 | 789,000 | 1,190,000 | 1,617,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 207,000 | 414,000 | 654,000 | 812,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 207,000 | 414,000 | 654,000 | 812,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,678,000 | 4,450,000 | 4,690,000 | 4,849,000 |
| Total capital | 5,051,000 | 4,818,000 | 5,068,000 | 5,214,000 |
| Risk-weighted assets | 29,664,000 | 29,279,000 | 30,090,000 | 28,967,000 |