Call reports 2021
CITIZENS PROGRESSIVE BANK — 2021
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 201,135,000 | 209,449,000 | 209,533,000 | 208,272,000 |
| Total loans | 146,209,000 | 160,768,000 | 153,354,000 | 155,998,000 |
| Allowance for loan losses | 1,149,000 | 1,175,000 | 1,602,000 | 1,518,000 |
| Securities available for sale | 10,425,000 | 10,327,000 | 10,266,000 | 9,966,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,446,000 | 182,749,000 | 184,736,000 | 184,842,000 |
| Interest-bearing deposits | 152,895,000 | 157,487,000 | 154,338,000 | 158,680,000 |
| Noninterest-bearing deposits | 26,551,000 | 25,262,000 | 30,398,000 | 26,162,000 |
| Equity capital | 20,794,000 | 21,565,000 | 23,369,000 | 22,119,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,528,000 | 5,239,000 | 7,678,000 | 10,117,000 |
| Interest expense | 372,000 | 708,000 | 1,019,000 | 1,305,000 |
| Net interest income | 2,156,000 | 4,531,000 | 6,659,000 | 8,812,000 |
| Noninterest income | 265,000 | 536,000 | 2,722,000 | 3,101,000 |
| Noninterest expense | 1,468,000 | 3,122,000 | 5,033,000 | 7,350,000 |
| Provision for loan losses | 75,000 | 150,000 | 725,000 | 750,000 |
| Pretax income | 921,000 | 1,838,000 | 3,666,000 | 3,856,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 921,000 | 1,838,000 | 3,666,000 | 3,856,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,248,000 | 16,995,000 | 18,734,000 | 17,489,000 |
| Total capital | 17,397,000 | — | — | — |
| Risk-weighted assets | 143,961,000 | — | — | — |