Call reports 2005
PROGRESSIVE NATIONAL BANK — 2005
What PROGRESSIVE NATIONAL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 17,633,000 | 16,967,000 | 16,688,000 | 17,613,000 |
| Total loans | 9,239,000 | 9,479,000 | 9,745,000 | 10,027,000 |
| Allowance for loan losses | 118,000 | 119,000 | 116,000 | 123,000 |
| Securities available for sale | 4,151,000 | 4,579,000 | 4,488,000 | 4,401,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,093,000 | 15,375,000 | 15,061,000 | 15,952,000 |
| Interest-bearing deposits | 12,978,000 | 12,335,000 | 12,172,000 | 12,791,000 |
| Noninterest-bearing deposits | 3,115,000 | 3,040,000 | 2,889,000 | 3,161,000 |
| Equity capital | 1,499,000 | 1,536,000 | 1,565,000 | 1,609,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 230,000 | 466,000 | 711,000 | 969,000 |
| Interest expense | 47,000 | 103,000 | 166,000 | 238,000 |
| Net interest income | 183,000 | 363,000 | 545,000 | 731,000 |
| Noninterest income | 96,000 | 186,000 | 280,000 | 370,000 |
| Noninterest expense | 241,000 | 478,000 | 715,000 | 976,000 |
| Provision for loan losses | 1,000 | 3,000 | 5,000 | 16,000 |
| Pretax income | 36,000 | 67,000 | 104,000 | 108,000 |
| Income tax | 0 | 0 | 0 | -37,000 |
| Net income | 36,000 | 67,000 | 104,000 | 145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,543,000 | 1,574,000 | 1,611,000 | 1,653,000 |
| Total capital | 1,661,000 | 1,693,000 | 1,727,000 | 1,776,000 |
| Risk-weighted assets | 9,565,000 | 9,665,000 | 9,853,000 | 10,226,000 |