Call reports 2001
PROGROWTH BANK — 2001
What PROGROWTH BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 51,704,000 | 51,883,000 | 55,851,000 | 55,408,000 |
| Total loans | 40,411,000 | 40,310,000 | 41,629,000 | 41,660,000 |
| Allowance for loan losses | 494,000 | 515,000 | 507,000 | 656,000 |
| Securities available for sale | 5,556,000 | 5,354,000 | 5,254,000 | 6,754,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,276,000 | 41,939,000 | 44,334,000 | 44,289,000 |
| Interest-bearing deposits | 39,973,000 | 39,922,000 | 41,696,000 | 40,957,000 |
| Noninterest-bearing deposits | 2,303,000 | 2,017,000 | 2,638,000 | 3,332,000 |
| Equity capital | 3,701,000 | 3,681,000 | 3,763,000 | 3,666,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,318,000 | 2,602,000 | 3,893,000 | 5,210,000 |
| Interest expense | 677,000 | 1,309,000 | 1,935,000 | 2,532,000 |
| Net interest income | 641,000 | 1,293,000 | 1,958,000 | 2,678,000 |
| Noninterest income | 21,000 | 10,000 | 17,000 | 49,000 |
| Noninterest expense | 505,000 | 1,015,000 | 1,483,000 | 1,991,000 |
| Provision for loan losses | 90,000 | 180,000 | 285,000 | 555,000 |
| Pretax income | 67,000 | 189,000 | 288,000 | 304,000 |
| Income tax | 26,000 | 73,000 | 114,000 | 163,000 |
| Net income | 41,000 | 116,000 | 174,000 | 141,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,571,000 | 3,646,000 | 3,705,000 | 3,672,000 |
| Total capital | 4,065,000 | 4,161,000 | 4,212,000 | 4,221,000 |
| Risk-weighted assets | 41,018,000 | 41,944,000 | 43,475,000 | 43,826,000 |