Call reports 2002
PROGRESSIVE NATIONAL BANK — 2002
What PROGRESSIVE NATIONAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 17,012,000 | 16,516,000 | 17,169,000 | 17,548,000 |
| Total loans | 8,777,000 | 8,609,000 | 8,644,000 | 9,039,000 |
| Allowance for loan losses | 154,000 | 123,000 | 118,000 | 116,000 |
| Securities available for sale | 3,973,000 | 3,943,000 | 4,452,000 | 4,349,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,686,000 | 15,151,000 | 15,635,000 | 16,107,000 |
| Interest-bearing deposits | 13,922,000 | 13,336,000 | 13,546,000 | 13,925,000 |
| Noninterest-bearing deposits | 1,764,000 | 1,815,000 | 2,089,000 | 2,182,000 |
| Equity capital | 1,265,000 | 1,314,000 | 1,480,000 | 1,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 282,000 | 559,000 | 824,000 | 1,097,000 |
| Interest expense | 116,000 | 217,000 | 303,000 | 386,000 |
| Net interest income | 166,000 | 342,000 | 521,000 | 711,000 |
| Noninterest income | 48,000 | 94,000 | 170,000 | 244,000 |
| Noninterest expense | 156,000 | 360,000 | 589,000 | 842,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | 15,000 |
| Pretax income | 58,000 | 61,000 | 87,000 | 114,000 |
| Income tax | 0 | 0 | 0 | -16,000 |
| Net income | 58,000 | 61,000 | 87,000 | 130,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,265,000 | 1,262,000 | 1,288,000 | 1,331,000 |
| Total capital | 1,376,000 | 1,372,000 | 1,397,000 | 1,444,000 |
| Risk-weighted assets | 8,864,000 | 8,791,000 | 8,707,000 | 9,063,000 |