Call reports 2007
PROGROWTH BANK — 2007
What PROGROWTH BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 117,703,000 | 114,828,000 | 116,196,000 | 132,066,000 |
| Total loans | 78,401,000 | 79,315,000 | 79,324,000 | 83,534,000 |
| Allowance for loan losses | 1,303,000 | 1,241,000 | 1,283,000 | 1,725,000 |
| Securities available for sale | 20,792,000 | 24,841,000 | 26,345,000 | 35,115,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,482,000 | 88,686,000 | 90,484,000 | 101,124,000 |
| Interest-bearing deposits | 83,619,000 | 81,846,000 | 82,950,000 | 86,825,000 |
| Noninterest-bearing deposits | 7,863,000 | 6,840,000 | 7,534,000 | 14,299,000 |
| Equity capital | 10,095,000 | 10,063,000 | 10,498,000 | 10,417,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,044,000 | 4,046,000 | 6,092,000 | 8,172,000 |
| Interest expense | 1,081,000 | 2,143,000 | 3,197,000 | 4,260,000 |
| Net interest income | 963,000 | 1,903,000 | 2,895,000 | 3,912,000 |
| Noninterest income | 108,000 | 341,000 | 511,000 | 622,000 |
| Noninterest expense | 883,000 | 1,890,000 | 2,649,000 | 3,503,000 |
| Provision for loan losses | 233,000 | 266,000 | 293,000 | 740,000 |
| Pretax income | -45,000 | 88,000 | 466,000 | 289,000 |
| Income tax | -16,000 | 19,000 | 169,000 | 57,000 |
| Net income | -29,000 | 69,000 | 297,000 | 232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,138,000 | 10,235,000 | 10,464,000 | 10,399,000 |
| Total capital | 11,226,000 | 11,335,000 | 11,558,000 | 11,564,000 |
| Risk-weighted assets | 86,817,000 | 87,842,000 | 87,369,000 | 92,723,000 |