Call reports 2019
CITIZENS PROGRESSIVE BANK — 2019
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 164,047,000 | 163,785,000 | 163,135,000 | 165,257,000 |
| Total loans | 122,706,000 | 127,336,000 | 123,686,000 | 120,999,000 |
| Allowance for loan losses | 910,000 | 996,000 | 1,030,000 | 950,000 |
| Securities available for sale | 8,410,000 | 11,187,000 | 10,938,000 | 10,641,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,021,000 | 142,244,000 | 141,120,000 | 144,470,000 |
| Interest-bearing deposits | 123,755,000 | 124,750,000 | 123,747,000 | 126,594,000 |
| Noninterest-bearing deposits | 19,266,000 | 17,494,000 | 17,373,000 | 17,876,000 |
| Equity capital | 20,041,000 | 20,376,000 | 20,618,000 | 19,979,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,107,000 | 4,255,000 | 6,462,000 | 8,585,000 |
| Interest expense | 506,000 | 1,032,000 | 1,595,000 | 2,167,000 |
| Net interest income | 1,601,000 | 3,223,000 | 4,867,000 | 6,418,000 |
| Noninterest income | 373,000 | 720,000 | 1,072,000 | 1,480,000 |
| Noninterest expense | 1,472,000 | 2,852,000 | 4,399,000 | 5,777,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 315,000 |
| Pretax income | 397,000 | 881,000 | 1,225,000 | 1,806,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 397,000 | 881,000 | 1,225,000 | 1,806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,488,000 | 15,797,000 | 16,040,000 | 15,400,000 |
| Total capital | 16,398,000 | 16,792,000 | 17,070,000 | 16,350,000 |
| Risk-weighted assets | 121,272,000 | 125,613,000 | 127,340,000 | 119,718,000 |