Call reports 2006
PROGRESSIVE NATIONAL BANK — 2006
What PROGRESSIVE NATIONAL BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 17,969,000 | 17,670,000 | 17,783,000 | 18,469,000 |
| Total loans | 10,319,000 | 10,242,000 | 10,028,000 | 10,421,000 |
| Allowance for loan losses | 126,000 | 131,000 | 126,000 | 129,000 |
| Securities available for sale | 4,594,000 | 4,504,000 | 4,526,000 | 5,037,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,360,000 | 15,304,000 | 16,064,000 | 16,587,000 |
| Interest-bearing deposits | 13,272,000 | 11,974,000 | 12,946,000 | 13,483,000 |
| Noninterest-bearing deposits | 3,088,000 | 3,330,000 | 3,118,000 | 3,104,000 |
| Equity capital | 1,560,000 | 1,541,000 | 1,628,000 | 1,687,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 274,000 | 561,000 | 859,000 | 1,163,000 |
| Interest expense | 84,000 | 183,000 | 299,000 | 427,000 |
| Net interest income | 190,000 | 378,000 | 560,000 | 736,000 |
| Noninterest income | 63,000 | 129,000 | 191,000 | 266,000 |
| Noninterest expense | 233,000 | 459,000 | 677,000 | 906,000 |
| Provision for loan losses | 2,000 | 3,000 | 5,000 | 6,000 |
| Pretax income | 18,000 | 45,000 | 69,000 | 90,000 |
| Income tax | 0 | 0 | 0 | -34,000 |
| Net income | 18,000 | 45,000 | 69,000 | 124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,606,000 | 1,633,000 | 1,656,000 | 1,711,000 |
| Total capital | 1,732,000 | 1,764,000 | 1,770,000 | 1,833,000 |
| Risk-weighted assets | 10,458,000 | 10,344,000 | 9,145,000 | 9,743,000 |