Call reports 2007
CITIZENS PROGRESSIVE BANK — 2007
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 41,003,000 | 41,141,000 | 40,721,000 | 40,015,000 |
| Total loans | 32,954,000 | 35,261,000 | 33,182,000 | 32,634,000 |
| Allowance for loan losses | 713,000 | 713,000 | 733,000 | 327,000 |
| Securities available for sale | 1,896,000 | 1,833,000 | 1,796,000 | 1,770,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,507,000 | 35,368,000 | 35,687,000 | 35,684,000 |
| Interest-bearing deposits | 27,445,000 | 26,418,000 | 27,658,000 | 27,304,000 |
| Noninterest-bearing deposits | 9,062,000 | 8,950,000 | 8,029,000 | 8,380,000 |
| Equity capital | 4,344,000 | 4,560,000 | 4,768,000 | 4,175,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 809,000 | 1,650,000 | 2,486,000 | 3,270,000 |
| Interest expense | 205,000 | 419,000 | 656,000 | 887,000 |
| Net interest income | 604,000 | 1,231,000 | 1,830,000 | 2,383,000 |
| Noninterest income | 111,000 | 225,000 | 334,000 | 477,000 |
| Noninterest expense | 466,000 | 940,000 | 1,421,000 | 1,994,000 |
| Provision for loan losses | 45,000 | 90,000 | 130,000 | 160,000 |
| Pretax income | 204,000 | 426,000 | 613,000 | 706,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 204,000 | 426,000 | 613,000 | 706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,365,000 | 4,587,000 | 4,774,000 | 4,169,000 |
| Total capital | 4,796,000 | 5,039,000 | 5,210,000 | 4,495,000 |
| Risk-weighted assets | 34,858,000 | 35,930,000 | 34,565,000 | 33,486,000 |