Call reports 2003
PROGROWTH BANK — 2003
What PROGROWTH BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 109,189,000 | 107,808,000 | 101,555,000 | 104,735,000 |
| Total loans | 79,313,000 | 74,758,000 | 71,262,000 | 69,904,000 |
| Allowance for loan losses | 1,438,000 | 1,389,000 | 1,343,000 | 1,252,000 |
| Securities available for sale | 14,717,000 | 15,304,000 | 12,633,000 | 15,484,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,080,000 | 76,926,000 | 72,179,000 | 75,356,000 |
| Interest-bearing deposits | 72,976,000 | 70,972,000 | 66,380,000 | 66,799,000 |
| Noninterest-bearing deposits | 5,104,000 | 5,954,000 | 5,799,000 | 8,557,000 |
| Equity capital | 8,698,000 | 8,797,000 | 8,886,000 | 8,899,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,883,000 | 3,707,000 | 5,469,000 | 7,081,000 |
| Interest expense | 815,000 | 1,598,000 | 2,327,000 | 2,994,000 |
| Net interest income | 1,068,000 | 2,109,000 | 3,142,000 | 4,087,000 |
| Noninterest income | 57,000 | 190,000 | 232,000 | 263,000 |
| Noninterest expense | 790,000 | 1,689,000 | 2,510,000 | 3,420,000 |
| Provision for loan losses | 225,000 | 360,000 | 360,000 | 360,000 |
| Pretax income | 110,000 | 250,000 | 504,000 | 570,000 |
| Income tax | 32,000 | 82,000 | 174,000 | 207,000 |
| Net income | 78,000 | 168,000 | 330,000 | 363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,570,000 | 8,660,000 | 8,821,000 | 8,854,000 |
| Total capital | 9,636,000 | 9,672,000 | 9,793,000 | 9,833,000 |
| Risk-weighted assets | 84,900,000 | 80,553,000 | 77,388,000 | 78,020,000 |