Call reports 2015
CITIZENS PROGRESSIVE BANK — 2015
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 111,322,000 | 113,260,000 | 127,200,000 | 122,834,000 |
| Total loans | 83,074,000 | 92,496,000 | 99,362,000 | 102,971,000 |
| Allowance for loan losses | 676,000 | 719,000 | 724,000 | 695,000 |
| Securities available for sale | 6,591,000 | 6,465,000 | 6,387,000 | 6,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,929,000 | 97,498,000 | 105,887,000 | 106,634,000 |
| Interest-bearing deposits | 80,927,000 | 83,384,000 | 91,164,000 | 91,999,000 |
| Noninterest-bearing deposits | 16,002,000 | 14,114,000 | 14,723,000 | 14,635,000 |
| Equity capital | 14,053,000 | 15,300,000 | 15,660,000 | 15,915,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,413,000 | 2,936,000 | 4,538,000 | 6,183,000 |
| Interest expense | 211,000 | 435,000 | 671,000 | 932,000 |
| Net interest income | 1,202,000 | 2,501,000 | 3,867,000 | 5,251,000 |
| Noninterest income | 193,000 | 398,000 | 607,000 | 789,000 |
| Noninterest expense | 1,034,000 | 2,160,000 | 3,288,000 | 4,506,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 220,000 |
| Pretax income | 301,000 | 861,000 | 1,250,000 | 1,558,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 301,000 | 861,000 | 1,250,000 | 1,558,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,201,000 | 10,734,000 | 11,095,000 | 11,377,000 |
| Total capital | 9,877,000 | 11,453,000 | 11,819,000 | 12,072,000 |
| Risk-weighted assets | 79,173,000 | 87,844,000 | 104,452,000 | 98,984,000 |