Call reports 2004
PROGROWTH BANK — 2004
What PROGROWTH BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 100,349,000 | 102,308,000 | 103,686,000 | 115,289,000 |
| Total loans | 69,963,000 | 69,772,000 | 73,358,000 | 71,552,000 |
| Allowance for loan losses | 987,000 | 834,000 | 1,345,000 | 1,185,000 |
| Securities available for sale | 17,143,000 | 19,356,000 | 18,083,000 | 20,688,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,275,000 | 72,566,000 | 72,377,000 | 86,080,000 |
| Interest-bearing deposits | 63,108,000 | 66,816,000 | 64,887,000 | 71,805,000 |
| Noninterest-bearing deposits | 6,167,000 | 5,750,000 | 7,490,000 | 14,275,000 |
| Equity capital | 8,591,000 | 8,511,000 | 8,314,000 | 8,371,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,500,000 | 3,015,000 | 4,600,000 | 6,183,000 |
| Interest expense | 634,000 | 1,249,000 | 1,877,000 | 2,519,000 |
| Net interest income | 866,000 | 1,766,000 | 2,723,000 | 3,664,000 |
| Noninterest income | 99,000 | 211,000 | 314,000 | 364,000 |
| Noninterest expense | 867,000 | 1,774,000 | 2,689,000 | 3,546,000 |
| Provision for loan losses | 30,000 | 60,000 | 685,000 | 718,000 |
| Pretax income | 68,000 | 143,000 | -337,000 | -236,000 |
| Income tax | 25,000 | 51,000 | -136,000 | -107,000 |
| Net income | 43,000 | 92,000 | -201,000 | -129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,497,000 | 8,546,000 | 8,253,000 | 8,325,000 |
| Total capital | 9,458,000 | 9,380,000 | 9,267,000 | 9,345,000 |
| Risk-weighted assets | 76,834,000 | 79,075,000 | 80,792,000 | 81,419,000 |