Call reports 2004
PROGRESSIVE NATIONAL BANK — 2004
What PROGRESSIVE NATIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 17,979,000 | 17,507,000 | 17,899,000 | 17,676,000 |
| Total loans | 8,490,000 | 8,624,000 | 8,260,000 | 9,041,000 |
| Allowance for loan losses | 111,000 | 109,000 | 115,000 | 117,000 |
| Securities available for sale | 4,612,000 | 5,642,000 | 5,622,000 | 5,232,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,550,000 | 16,136,000 | 16,432,000 | 16,164,000 |
| Interest-bearing deposits | 14,340,000 | 13,790,000 | 14,039,000 | 12,881,000 |
| Noninterest-bearing deposits | 2,210,000 | 2,346,000 | 2,393,000 | 3,283,000 |
| Equity capital | 1,393,000 | 1,338,000 | 1,420,000 | 1,462,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 227,000 | 463,000 | 686,000 | 927,000 |
| Interest expense | 56,000 | 106,000 | 157,000 | 206,000 |
| Net interest income | 171,000 | 357,000 | 529,000 | 721,000 |
| Noninterest income | 66,000 | 165,000 | 253,000 | 360,000 |
| Noninterest expense | 258,000 | 507,000 | 738,000 | 1,000,000 |
| Provision for loan losses | 5,000 | 9,000 | 12,000 | 13,000 |
| Pretax income | -24,000 | 8,000 | 34,000 | 70,000 |
| Income tax | 0 | 0 | 0 | -22,000 |
| Net income | -24,000 | 8,000 | 34,000 | 92,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,391,000 | 1,423,000 | 1,449,000 | 1,507,000 |
| Total capital | 1,502,000 | 1,532,000 | 1,564,000 | 1,624,000 |
| Risk-weighted assets | 9,391,000 | 9,262,000 | 9,112,000 | 11,219,000 |