Call reports 2002
PROGROWTH BANK — 2002
What PROGROWTH BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 54,534,000 | 106,800,000 | 111,075,000 | 115,093,000 |
| Total loans | 42,204,000 | 86,171,000 | 84,960,000 | 83,428,000 |
| Allowance for loan losses | 659,000 | 1,316,000 | 1,327,000 | 1,309,000 |
| Securities available for sale | 6,241,000 | 12,418,000 | 14,738,000 | 13,800,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,489,000 | 80,731,000 | 82,574,000 | 83,261,000 |
| Interest-bearing deposits | 40,232,000 | 75,773,000 | 77,320,000 | 75,661,000 |
| Noninterest-bearing deposits | 3,257,000 | 4,958,000 | 5,254,000 | 7,600,000 |
| Equity capital | 3,616,000 | 8,803,000 | 8,710,000 | 9,068,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,217,000 | 4,423,000 | 6,605,000 | 9,150,000 |
| Interest expense | 561,000 | 2,061,000 | 3,009,000 | 3,948,000 |
| Net interest income | 656,000 | 2,362,000 | 3,596,000 | 5,202,000 |
| Noninterest income | 189,000 | 105,000 | 139,000 | 103,000 |
| Noninterest expense | 600,000 | 1,632,000 | 2,494,000 | 3,314,000 |
| Provision for loan losses | 200,000 | 320,000 | 905,000 | 1,062,000 |
| Pretax income | 45,000 | 515,000 | 336,000 | 929,000 |
| Income tax | -10,000 | 201,000 | 120,000 | 374,000 |
| Net income | 55,000 | 314,000 | 216,000 | 555,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,581,000 | 8,691,000 | 8,592,000 | 8,932,000 |
| Total capital | 4,128,000 | 9,777,000 | 9,700,000 | 10,037,000 |
| Risk-weighted assets | 43,541,000 | 86,735,000 | 88,438,000 | 88,166,000 |