Call reports 2006
PROGROWTH BANK — 2006
What PROGROWTH BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 116,058,000 | 124,964,000 | 126,715,000 | 128,887,000 |
| Total loans | 82,175,000 | 84,649,000 | 86,060,000 | 82,800,000 |
| Allowance for loan losses | 1,254,000 | 1,285,000 | 1,253,000 | 1,068,000 |
| Securities available for sale | 22,511,000 | 22,433,000 | 21,820,000 | 19,777,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,698,000 | 95,155,000 | 98,320,000 | 102,740,000 |
| Interest-bearing deposits | 80,291,000 | 89,512,000 | 90,899,000 | 86,246,000 |
| Noninterest-bearing deposits | 6,407,000 | 5,643,000 | 7,421,000 | 16,494,000 |
| Equity capital | 9,973,000 | 10,102,000 | 10,287,000 | 10,069,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,889,000 | 3,992,000 | 6,261,000 | 8,444,000 |
| Interest expense | 828,000 | 1,875,000 | 3,033,000 | 4,183,000 |
| Net interest income | 1,061,000 | 2,117,000 | 3,228,000 | 4,261,000 |
| Noninterest income | 124,000 | 333,000 | 452,000 | 603,000 |
| Noninterest expense | 863,000 | 1,734,000 | 2,613,000 | 3,420,000 |
| Provision for loan losses | 33,000 | 67,000 | 475,000 | 1,268,000 |
| Pretax income | 289,000 | 649,000 | 592,000 | 176,000 |
| Income tax | 107,000 | 243,000 | 214,000 | 22,000 |
| Net income | 182,000 | 406,000 | 378,000 | 154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,195,000 | 10,419,000 | 10,392,000 | 10,167,000 |
| Total capital | 11,299,000 | 11,569,000 | 11,525,000 | 11,235,000 |
| Risk-weighted assets | 88,140,000 | 91,994,000 | 93,447,000 | 93,586,000 |