Call reports 2022
CITIZENS PROGRESSIVE BANK — 2022
What CITIZENS PROGRESSIVE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 225,096,000 | 226,673,000 | 234,560,000 | 227,936,000 |
| Total loans | 169,248,000 | 180,410,000 | 175,986,000 | 177,713,000 |
| Allowance for loan losses | 1,509,000 | 1,505,000 | 1,499,000 | 1,481,000 |
| Securities available for sale | 9,454,000 | 7,835,000 | 7,727,000 | 8,140,000 |
| Securities held to maturity | 0 | 1,317,000 | 1,322,000 | 1,327,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,497,000 | 199,945,000 | 204,962,000 | 200,745,000 |
| Interest-bearing deposits | 175,269,000 | 174,670,000 | 176,573,000 | 157,917,000 |
| Noninterest-bearing deposits | 26,228,000 | 25,275,000 | 28,389,000 | 42,828,000 |
| Equity capital | 22,427,000 | 25,306,000 | 25,792,000 | 26,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,534,000 | 5,213,000 | 8,127,000 | 11,216,000 |
| Interest expense | 280,000 | 599,000 | 996,000 | 1,477,000 |
| Net interest income | 2,254,000 | 4,614,000 | 7,131,000 | 9,739,000 |
| Noninterest income | 652,000 | 1,380,000 | 1,836,000 | 2,364,000 |
| Noninterest expense | 2,260,000 | 4,370,000 | 6,760,000 | 9,074,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 669,000 | 1,646,000 | 2,228,000 | 3,050,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 669,000 | 1,646,000 | 2,228,000 | 3,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,080,000 | 20,982,000 | 21,327,000 | 21,606,000 |