Call reports 2010
CITIZENS PROGRESSIVE BANK — 2010
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 66,364,000 | 68,210,000 | 66,994,000 | 66,879,000 |
| Total loans | 44,782,000 | 48,878,000 | 47,063,000 | 47,048,000 |
| Allowance for loan losses | 583,000 | 613,000 | 649,000 | 666,000 |
| Securities available for sale | 6,617,000 | 5,973,000 | 5,653,000 | 7,099,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,903,000 | 57,329,000 | 56,427,000 | 57,078,000 |
| Interest-bearing deposits | 45,711,000 | 47,062,000 | 45,869,000 | 46,714,000 |
| Noninterest-bearing deposits | 10,192,000 | 10,267,000 | 10,558,000 | 10,364,000 |
| Equity capital | 9,525,000 | 9,860,000 | 10,231,000 | 9,682,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,029,000 | 2,097,000 | 3,184,000 | 4,247,000 |
| Interest expense | 198,000 | 399,000 | 620,000 | 823,000 |
| Net interest income | 831,000 | 1,698,000 | 2,564,000 | 3,424,000 |
| Noninterest income | 110,000 | 240,000 | 374,000 | 507,000 |
| Noninterest expense | 654,000 | 1,318,000 | 2,025,000 | 2,801,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 307,000 | 667,000 | 938,000 | 1,110,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 307,000 | 667,000 | 938,000 | 1,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,911,000 | 5,227,000 | 5,451,000 | 5,278,000 |
| Total capital | 5,494,000 | 5,840,000 | 6,100,000 | 5,944,000 |
| Risk-weighted assets | 52,220,000 | 56,526,000 | 55,603,000 | 52,965,000 |