Call reports 2017
CITIZENS PROGRESSIVE BANK — 2017
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 164,995,000 | 163,266,000 | 159,415,000 | 155,684,000 |
| Total loans | 120,327,000 | 129,057,000 | 125,149,000 | 118,316,000 |
| Allowance for loan losses | 797,000 | 984,000 | 1,004,000 | 987,000 |
| Securities available for sale | 11,570,000 | 11,127,000 | 10,347,000 | 9,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,383,000 | 139,850,000 | 134,489,000 | 136,069,000 |
| Interest-bearing deposits | 126,994,000 | 121,937,000 | 117,022,000 | 117,397,000 |
| Noninterest-bearing deposits | 18,389,000 | 17,913,000 | 17,467,000 | 18,672,000 |
| Equity capital | 18,165,000 | 18,564,000 | 19,006,000 | 19,068,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,885,000 | 3,871,000 | 5,904,000 | 7,862,000 |
| Interest expense | 353,000 | 705,000 | 1,069,000 | 1,422,000 |
| Net interest income | 1,532,000 | 3,166,000 | 4,835,000 | 6,440,000 |
| Noninterest income | 241,000 | 457,000 | 656,000 | 1,117,000 |
| Noninterest expense | 1,307,000 | 2,515,000 | 3,861,000 | 5,204,000 |
| Provision for loan losses | 150,000 | 350,000 | 450,000 | 550,000 |
| Pretax income | 316,000 | 758,000 | 1,188,000 | 1,811,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 316,000 | 758,000 | 1,188,000 | 1,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,631,000 | 14,026,000 | 14,468,000 | 14,530,000 |
| Total capital | 14,428,000 | 15,010,000 | 15,472,000 | 15,517,000 |
| Risk-weighted assets | 119,228,000 | 126,682,000 | 120,807,000 | 118,092,000 |