Call reports 2011
CITIZENS PROGRESSIVE BANK — 2011
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 75,650,000 | 75,982,000 | 77,961,000 | 78,039,000 |
| Total loans | 50,719,000 | 53,701,000 | 52,715,000 | 54,179,000 |
| Allowance for loan losses | 668,000 | 653,000 | 645,000 | 582,000 |
| Securities available for sale | 7,225,000 | 5,745,000 | 6,496,000 | 6,967,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,352,000 | 65,121,000 | 66,676,000 | 67,050,000 |
| Interest-bearing deposits | 54,026,000 | 54,277,000 | 54,625,000 | 55,183,000 |
| Noninterest-bearing deposits | 11,326,000 | 10,844,000 | 12,051,000 | 11,867,000 |
| Equity capital | 10,093,000 | 10,565,000 | 10,902,000 | 10,847,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,101,000 | 2,286,000 | 3,418,000 | 4,606,000 |
| Interest expense | 199,000 | 413,000 | 631,000 | 842,000 |
| Net interest income | 902,000 | 1,873,000 | 2,787,000 | 3,764,000 |
| Noninterest income | 129,000 | 287,000 | 430,000 | 596,000 |
| Noninterest expense | 712,000 | 1,480,000 | 2,282,000 | 3,146,000 |
| Provision for loan losses | 45,000 | 70,000 | 115,000 | 145,000 |
| Pretax income | 274,000 | 642,000 | 853,000 | 1,154,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 274,000 | 642,000 | 853,000 | 1,154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,512,000 | 5,839,000 | 6,008,000 | 5,966,000 |
| Total capital | 6,180,000 | 6,492,000 | 6,653,000 | 6,548,000 |
| Risk-weighted assets | 55,021,000 | 58,375,000 | 59,851,000 | 61,484,000 |