Call reports 2013
CITIZENS PROGRESSIVE BANK — 2013
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 90,681,000 | 87,765,000 | 89,934,000 | 88,233,000 |
| Total loans | 66,438,000 | 68,568,000 | 65,771,000 | 64,270,000 |
| Allowance for loan losses | 808,000 | 805,000 | 781,000 | 717,000 |
| Securities available for sale | 6,953,000 | 6,623,000 | 6,580,000 | 6,471,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,070,000 | 75,007,000 | 76,593,000 | 75,424,000 |
| Interest-bearing deposits | 64,369,000 | 63,274,000 | 62,480,000 | 61,639,000 |
| Noninterest-bearing deposits | 13,701,000 | 11,733,000 | 14,113,000 | 13,785,000 |
| Equity capital | 12,316,000 | 12,399,000 | 12,852,000 | 12,606,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,337,000 | 2,630,000 | 3,957,000 | 5,184,000 |
| Interest expense | 188,000 | 372,000 | 547,000 | 719,000 |
| Net interest income | 1,149,000 | 2,258,000 | 3,410,000 | 4,465,000 |
| Noninterest income | 160,000 | 338,000 | 527,000 | 717,000 |
| Noninterest expense | 764,000 | 1,577,000 | 2,396,000 | 3,313,000 |
| Provision for loan losses | 131,000 | 191,000 | 251,000 | 251,000 |
| Pretax income | 414,000 | 828,000 | 1,290,000 | 1,618,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 414,000 | 828,000 | 1,290,000 | 1,618,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,475,000 | 7,853,000 | 8,281,000 | 8,074,000 |
| Total capital | 8,283,000 | 8,658,000 | 9,062,000 | 8,791,000 |
| Risk-weighted assets | 67,827,000 | 69,393,000 | 67,361,000 | 69,410,000 |