Call reports 2015
PROGRESSIVE NATIONAL BANK — 2015
What PROGRESSIVE NATIONAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 42,099,000 | 40,684,000 | 41,422,000 | 41,449,000 |
| Total loans | 19,332,000 | 19,219,000 | 19,296,000 | 18,755,000 |
| Allowance for loan losses | 182,000 | 188,000 | 192,000 | 197,000 |
| Securities available for sale | 2,962,000 | 3,930,000 | 5,370,000 | 6,448,000 |
| Securities held to maturity | 4,891,000 | 3,787,000 | 3,539,000 | 3,788,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,379,000 | 36,963,000 | 37,612,000 | 37,684,000 |
| Interest-bearing deposits | 30,403,000 | 28,571,000 | 29,429,000 | 29,324,000 |
| Noninterest-bearing deposits | 7,976,000 | 8,392,000 | 8,183,000 | 8,360,000 |
| Equity capital | 3,495,000 | 3,554,000 | 3,617,000 | 3,658,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 367,000 | 742,000 | 1,123,000 | 1,490,000 |
| Interest expense | 43,000 | 87,000 | 129,000 | 173,000 |
| Net interest income | 324,000 | 655,000 | 994,000 | 1,317,000 |
| Noninterest income | 122,000 | 246,000 | 371,000 | 496,000 |
| Noninterest expense | 360,000 | 723,000 | 1,085,000 | 1,464,000 |
| Provision for loan losses | 5,000 | 9,000 | 14,000 | 18,000 |
| Pretax income | 81,000 | 169,000 | 266,000 | 331,000 |
| Income tax | 25,000 | 52,000 | 81,000 | 92,000 |
| Net income | 56,000 | 117,000 | 185,000 | 239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,463,000 | 3,524,000 | 3,593,000 | 3,647,000 |
| Total capital | 3,645,000 | 3,712,000 | 3,785,000 | 3,844,000 |
| Risk-weighted assets | 18,370,000 | 18,091,000 | 18,607,000 | 18,177,000 |