Call reports 2018
CITIZENS PROGRESSIVE BANK — 2018
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 161,481,000 | 164,855,000 | 159,921,000 | 160,433,000 |
| Total loans | 123,851,000 | 129,904,000 | 128,453,000 | 124,065,000 |
| Allowance for loan losses | 1,055,000 | 1,107,000 | 1,111,000 | 1,058,000 |
| Securities available for sale | 9,521,000 | 9,268,000 | 8,913,000 | 8,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,435,000 | 141,281,000 | 132,708,000 | 134,151,000 |
| Interest-bearing deposits | 121,298,000 | 122,854,000 | 114,368,000 | 117,272,000 |
| Noninterest-bearing deposits | 20,137,000 | 18,427,000 | 18,340,000 | 16,879,000 |
| Equity capital | 19,391,000 | 19,689,000 | 20,187,000 | 19,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,015,000 | 4,086,000 | 6,185,000 | 8,296,000 |
| Interest expense | 358,000 | 746,000 | 1,170,000 | 1,643,000 |
| Net interest income | 1,657,000 | 3,340,000 | 5,015,000 | 6,653,000 |
| Noninterest income | 207,000 | 467,000 | 935,000 | 1,201,000 |
| Noninterest expense | 1,329,000 | 2,641,000 | 4,090,000 | 5,474,000 |
| Provision for loan losses | 150,000 | 300,000 | 400,000 | 475,000 |
| Pretax income | 385,000 | 866,000 | 1,460,000 | 1,905,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 385,000 | 866,000 | 1,460,000 | 1,905,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,853,000 | 15,208,000 | 15,698,000 | 15,115,000 |
| Total capital | 15,908,000 | 16,315,000 | 16,809,000 | 16,173,000 |
| Risk-weighted assets | 122,566,000 | 126,502,000 | 123,767,000 | 119,455,000 |