Call reports 2009
PROGROWTH BANK — 2009
What PROGROWTH BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 152,700,000 | 157,835,000 | 154,064,000 | 165,661,000 |
| Total loans | 88,887,000 | 89,640,000 | 89,731,000 | 88,883,000 |
| Allowance for loan losses | 1,530,000 | 1,628,000 | 1,715,000 | 1,827,000 |
| Securities available for sale | 33,407,000 | 30,677,000 | 32,526,000 | 30,057,000 |
| Securities held to maturity | 7,574,000 | 9,987,000 | 10,294,000 | 9,749,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,513,000 | 115,094,000 | 111,103,000 | 123,721,000 |
| Interest-bearing deposits | 101,317,000 | 103,553,000 | 98,760,000 | 106,260,000 |
| Noninterest-bearing deposits | 9,197,000 | 11,541,000 | 12,343,000 | 17,461,000 |
| Equity capital | 7,946,000 | 8,400,000 | 9,404,000 | 9,089,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,207,000 | 4,585,000 | 6,887,000 | 9,069,000 |
| Interest expense | 1,027,000 | 2,060,000 | 3,033,000 | 3,940,000 |
| Net interest income | 1,180,000 | 2,525,000 | 3,854,000 | 5,129,000 |
| Noninterest income | 149,000 | 384,000 | 519,000 | 702,000 |
| Noninterest expense | 1,058,000 | 2,207,000 | 3,521,000 | 4,830,000 |
| Provision for loan losses | 60,000 | 310,000 | 670,000 | 1,193,000 |
| Pretax income | 211,000 | 392,000 | -151,000 | -609,000 |
| Income tax | 70,000 | 129,000 | -100,000 | -268,000 |
| Net income | 141,000 | 263,000 | -51,000 | -341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,421,000 | 10,543,000 | 10,229,000 | 9,582,000 |
| Total capital | 11,747,000 | 11,989,000 | 11,638,000 | 10,985,000 |
| Risk-weighted assets | 117,245,000 | 116,371,000 | 111,649,000 | 111,070,000 |