Call reports 2005
CITIZENS PROGRESSIVE BANK — 2005
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 37,749,000 | 37,483,000 | 40,309,000 | 39,059,000 |
| Total loans | 28,043,000 | 29,679,000 | 30,751,000 | 28,640,000 |
| Allowance for loan losses | 608,000 | 648,000 | 655,000 | 679,000 |
| Securities available for sale | 2,960,000 | 2,924,000 | 2,817,000 | 2,717,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,323,000 | 32,766,000 | 35,364,000 | 34,088,000 |
| Interest-bearing deposits | 25,244,000 | 25,554,000 | 25,693,000 | 26,556,000 |
| Noninterest-bearing deposits | 8,079,000 | 7,212,000 | 9,671,000 | 7,532,000 |
| Equity capital | 4,332,000 | 4,582,000 | 4,763,000 | 4,886,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 636,000 | 1,324,000 | 2,038,000 | 2,703,000 |
| Interest expense | 120,000 | 246,000 | 390,000 | 537,000 |
| Net interest income | 516,000 | 1,078,000 | 1,648,000 | 2,166,000 |
| Noninterest income | 103,000 | 240,000 | 352,000 | 471,000 |
| Noninterest expense | 404,000 | 843,000 | 1,284,000 | 1,727,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 170,000 | 385,000 | 585,000 | 730,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 170,000 | 385,000 | 585,000 | 730,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,346,000 | 4,561,000 | 4,761,000 | 4,906,000 |
| Total capital | 4,719,000 | 4,947,000 | 5,174,000 | 5,294,000 |
| Risk-weighted assets | 29,629,000 | 30,624,000 | 32,834,000 | 30,769,000 |