Call reports 2012
PROGRESSIVE NATIONAL BANK — 2012
What PROGRESSIVE NATIONAL BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 35,201,000 | 33,868,000 | 34,959,000 | 35,336,000 |
| Total loans | 15,890,000 | 16,299,000 | 16,149,000 | 16,515,000 |
| Allowance for loan losses | 159,000 | 162,000 | 161,000 | 164,000 |
| Securities available for sale | 2,460,000 | 2,566,000 | 3,289,000 | 2,458,000 |
| Securities held to maturity | 6,371,000 | 5,345,000 | 5,469,000 | 3,968,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,192,000 | 30,324,000 | 31,672,000 | 32,013,000 |
| Interest-bearing deposits | 24,636,000 | 23,484,000 | 23,509,000 | 24,611,000 |
| Noninterest-bearing deposits | 7,556,000 | 6,840,000 | 8,163,000 | 7,402,000 |
| Equity capital | 2,867,000 | 2,949,000 | 3,025,000 | 3,043,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 362,000 | 724,000 | 1,098,000 | 1,474,000 |
| Interest expense | 43,000 | 82,000 | 124,000 | 165,000 |
| Net interest income | 319,000 | 642,000 | 974,000 | 1,309,000 |
| Noninterest income | 123,000 | 262,000 | 414,000 | 547,000 |
| Noninterest expense | 373,000 | 740,000 | 1,115,000 | 1,510,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 87,000 | 179,000 | 285,000 | 357,000 |
| Income tax | 26,000 | 48,000 | 81,000 | 131,000 |
| Net income | 61,000 | 131,000 | 204,000 | 226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,852,000 | 2,922,000 | 2,995,000 | 3,017,000 |
| Total capital | 3,011,000 | 3,084,000 | 3,156,000 | 3,181,000 |
| Risk-weighted assets | 16,704,000 | 17,118,000 | 17,165,000 | 17,104,000 |