Call reports 2009
CITIZENS PROGRESSIVE BANK — 2009
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 58,324,000 | 60,273,000 | 63,087,000 | 64,507,000 |
| Total loans | 35,522,000 | 42,436,000 | 43,255,000 | 42,307,000 |
| Allowance for loan losses | 512,000 | 588,000 | 511,000 | 549,000 |
| Securities available for sale | 9,463,000 | 6,988,000 | 6,551,000 | 6,864,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,490,000 | 48,115,000 | 50,385,000 | 52,777,000 |
| Interest-bearing deposits | 35,934,000 | 38,953,000 | 41,464,000 | 42,800,000 |
| Noninterest-bearing deposits | 10,556,000 | 9,162,000 | 8,921,000 | 9,977,000 |
| Equity capital | 9,385,000 | 9,633,000 | 10,129,000 | 9,357,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 888,000 | 1,894,000 | 2,936,000 | 3,919,000 |
| Interest expense | 214,000 | 426,000 | 631,000 | 839,000 |
| Net interest income | 674,000 | 1,468,000 | 2,305,000 | 3,080,000 |
| Noninterest income | 111,000 | 242,000 | 362,000 | 481,000 |
| Noninterest expense | 600,000 | 1,241,000 | 1,909,000 | 2,619,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 161,000 | 577,000 | 865,000 | 906,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 161,000 | 577,000 | 865,000 | 906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,690,000 | 5,063,000 | 5,305,000 | 4,647,000 |
| Total capital | 5,202,000 | 5,651,000 | 5,816,000 | 5,196,000 |
| Risk-weighted assets | 40,645,000 | 48,254,000 | 50,067,000 | 47,793,000 |