Call reports 2016
CITIZENS PROGRESSIVE BANK — 2016
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 144,967,000 | 157,662,000 | 168,901,000 | 160,705,000 |
| Total loans | 114,437,000 | 118,237,000 | 118,554,000 | 113,531,000 |
| Allowance for loan losses | 673,000 | 660,000 | 797,000 | 799,000 |
| Securities available for sale | 12,233,000 | 11,950,000 | 11,469,000 | 11,484,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,220,000 | 136,615,000 | 147,292,000 | 142,414,000 |
| Interest-bearing deposits | 109,061,000 | 113,980,000 | 126,401,000 | 121,689,000 |
| Noninterest-bearing deposits | 16,159,000 | 22,635,000 | 20,891,000 | 20,725,000 |
| Equity capital | 16,326,000 | 17,392,000 | 17,760,000 | 17,851,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,753,000 | 3,545,000 | 5,442,000 | 7,171,000 |
| Interest expense | 286,000 | 623,000 | 971,000 | 1,342,000 |
| Net interest income | 1,467,000 | 2,922,000 | 4,471,000 | 5,829,000 |
| Noninterest income | 201,000 | 422,000 | 732,000 | 999,000 |
| Noninterest expense | 1,167,000 | 2,464,000 | 3,765,000 | 5,010,000 |
| Provision for loan losses | 75,000 | 135,000 | 285,000 | 510,000 |
| Pretax income | 426,000 | 745,000 | 1,153,000 | 1,308,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 426,000 | 745,000 | 1,153,000 | 1,308,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,788,000 | 12,829,000 | 13,210,000 | 13,339,000 |
| Total capital | 12,461,000 | 13,489,000 | 14,007,000 | 14,138,000 |
| Risk-weighted assets | 114,953,000 | 121,007,000 | 122,824,000 | 118,692,000 |