Call reports 2001
PROGRESSIVE NATIONAL BANK — 2001
What PROGRESSIVE NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 15,295,000 | 15,707,000 | 16,353,000 | 16,240,000 |
| Total loans | 10,331,000 | 9,949,000 | 9,221,000 | 9,169,000 |
| Allowance for loan losses | 156,000 | 145,000 | 127,000 | 155,000 |
| Securities available for sale | 2,401,000 | 2,868,000 | 3,734,000 | 4,291,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,253,000 | 14,626,000 | 15,026,000 | 14,947,000 |
| Interest-bearing deposits | 12,474,000 | 12,804,000 | 13,184,000 | 13,244,000 |
| Noninterest-bearing deposits | 1,779,000 | 1,822,000 | 1,842,000 | 1,703,000 |
| Equity capital | 978,000 | 1,008,000 | 1,233,000 | 1,207,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 327,000 | 656,000 | 952,000 | 1,257,000 |
| Interest expense | 166,000 | 329,000 | 489,000 | 636,000 |
| Net interest income | 161,000 | 327,000 | 463,000 | 621,000 |
| Noninterest income | 20,000 | 41,000 | 106,000 | 149,000 |
| Noninterest expense | 160,000 | 313,000 | 470,000 | 628,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 65,000 |
| Pretax income | 21,000 | 55,000 | 79,000 | 77,000 |
| Income tax | 0 | 0 | -26,000 | -26,000 |
| Net income | 21,000 | 55,000 | 105,000 | 103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 968,000 | 1,002,000 | 1,203,000 | 1,201,000 |
| Total capital | 1,084,000 | 1,118,000 | 1,330,000 | 1,311,000 |
| Risk-weighted assets | 9,263,000 | 9,248,000 | 10,689,000 | 8,745,000 |