Call reports 2018
PROGRESSIVE NATIONAL BANK — 2018
What PROGRESSIVE NATIONAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 58,823,000 | 57,192,000 | 59,170,000 | 60,653,000 |
| Total loans | 27,929,000 | 35,609,000 | 37,092,000 | 38,287,000 |
| Allowance for loan losses | 233,000 | 238,000 | 244,000 | 251,000 |
| Securities available for sale | 14,576,000 | 11,524,000 | 10,877,000 | 10,545,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,020,000 | 52,302,000 | 54,105,000 | 55,581,000 |
| Interest-bearing deposits | 35,232,000 | 34,451,000 | 35,060,000 | 35,785,000 |
| Noninterest-bearing deposits | 18,788,000 | 17,851,000 | 19,045,000 | 19,796,000 |
| Equity capital | 4,627,000 | 4,694,000 | 4,760,000 | 4,895,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 500,000 | 1,108,000 | 1,737,000 | 2,391,000 |
| Interest expense | 52,000 | 106,000 | 170,000 | 246,000 |
| Net interest income | 448,000 | 1,002,000 | 1,567,000 | 2,145,000 |
| Noninterest income | 158,000 | 251,000 | 392,000 | 527,000 |
| Noninterest expense | 554,000 | 1,103,000 | 1,720,000 | 2,310,000 |
| Provision for loan losses | 5,000 | 9,000 | 16,000 | 24,000 |
| Pretax income | 47,000 | 139,000 | 221,000 | 334,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 47,000 | 139,000 | 221,000 | 334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,712,000 | 4,784,000 | 4,855,000 | 4,967,000 |
| Total capital | 4,945,000 | 5,022,000 | 5,099,000 | 5,218,000 |
| Risk-weighted assets | 28,952,000 | 34,362,000 | 35,448,000 | 36,778,000 |