Call reports 2005
PROGROWTH BANK — 2005
What PROGROWTH BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 103,615,000 | 108,259,000 | 107,573,000 | 121,732,000 |
| Total loans | 72,971,000 | 75,064,000 | 77,383,000 | 76,569,000 |
| Allowance for loan losses | 848,000 | 1,028,000 | 1,197,000 | 1,155,000 |
| Securities available for sale | 19,227,000 | 20,470,000 | 19,496,000 | 22,728,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,455,000 | 80,654,000 | 78,818,000 | 93,050,000 |
| Interest-bearing deposits | 67,427,000 | 74,399,000 | 72,423,000 | 72,955,000 |
| Noninterest-bearing deposits | 7,027,000 | 6,255,000 | 6,395,000 | 20,095,000 |
| Equity capital | 8,323,000 | 8,770,000 | 10,398,000 | 10,353,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,613,000 | 3,267,000 | 4,946,000 | 6,719,000 |
| Interest expense | 631,000 | 1,286,000 | 1,997,000 | 2,768,000 |
| Net interest income | 982,000 | 1,981,000 | 2,949,000 | 3,951,000 |
| Noninterest income | 422,000 | 627,000 | 921,000 | 1,182,000 |
| Noninterest expense | 808,000 | 1,711,000 | 2,563,000 | 3,460,000 |
| Provision for loan losses | 360,000 | 130,000 | 330,000 | 388,000 |
| Pretax income | 267,000 | 798,000 | 1,008,000 | 1,316,000 |
| Income tax | 111,000 | 316,000 | 324,000 | 422,000 |
| Net income | 156,000 | 482,000 | 684,000 | 894,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,482,000 | 8,807,000 | 10,510,000 | 10,514,000 |
| Total capital | 9,330,000 | 9,816,000 | 11,541,000 | 11,573,000 |
| Risk-weighted assets | 78,547,000 | 80,871,000 | 82,296,000 | 84,591,000 |