Call reports 2006
CITIZENS PROGRESSIVE BANK — 2006
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 39,752,000 | 39,473,000 | 41,428,000 | 39,832,000 |
| Total loans | 29,179,000 | 33,025,000 | 32,519,000 | 31,809,000 |
| Allowance for loan losses | 680,000 | 694,000 | 735,000 | 694,000 |
| Securities available for sale | 2,603,000 | 2,518,000 | 2,017,000 | 1,966,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,281,000 | 34,107,000 | 33,911,000 | 34,695,000 |
| Interest-bearing deposits | 26,078,000 | 26,649,000 | 26,252,000 | 26,841,000 |
| Noninterest-bearing deposits | 9,203,000 | 7,458,000 | 7,659,000 | 7,854,000 |
| Equity capital | 4,365,000 | 4,551,000 | 4,816,000 | 5,014,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 704,000 | 1,455,000 | 2,253,000 | 3,074,000 |
| Interest expense | 162,000 | 321,000 | 526,000 | 747,000 |
| Net interest income | 542,000 | 1,134,000 | 1,727,000 | 2,327,000 |
| Noninterest income | 119,000 | 241,000 | 357,000 | 462,000 |
| Noninterest expense | 452,000 | 905,000 | 1,356,000 | 1,816,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 164,000 | 381,000 | 597,000 | 797,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 164,000 | 381,000 | 597,000 | 797,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,399,000 | 4,614,000 | 4,831,000 | 5,026,000 |
| Total capital | 4,798,000 | 5,045,000 | 5,265,000 | 5,440,000 |
| Risk-weighted assets | 31,663,000 | 34,216,000 | 34,431,000 | 33,495,000 |