Call reports 2010
PROGROWTH BANK — 2010
What PROGROWTH BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 163,542,000 | 160,277,000 | 157,743,000 | 146,481,000 |
| Total loans | 85,934,000 | 88,026,000 | 84,144,000 | 80,978,000 |
| Allowance for loan losses | 1,781,000 | 1,920,000 | 1,926,000 | 1,753,000 |
| Securities available for sale | 28,228,000 | 23,942,000 | 21,376,000 | 18,871,000 |
| Securities held to maturity | 8,518,000 | 8,034,000 | 7,435,000 | 6,678,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,405,000 | 117,932,000 | 115,910,000 | 117,844,000 |
| Interest-bearing deposits | 108,004,000 | 104,237,000 | 101,656,000 | 97,904,000 |
| Noninterest-bearing deposits | 13,401,000 | 13,695,000 | 14,254,000 | 19,940,000 |
| Equity capital | 9,208,000 | 9,402,000 | 9,570,000 | 9,647,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,107,000 | 4,102,000 | 6,097,000 | 8,026,000 |
| Interest expense | 838,000 | 1,636,000 | 2,373,000 | 3,039,000 |
| Net interest income | 1,269,000 | 2,466,000 | 3,724,000 | 4,987,000 |
| Noninterest income | 131,000 | 256,000 | 374,000 | 496,000 |
| Noninterest expense | 1,140,000 | 2,253,000 | 3,535,000 | 4,633,000 |
| Provision for loan losses | 190,000 | 350,000 | 425,000 | 613,000 |
| Pretax income | 239,000 | 347,000 | 362,000 | 450,000 |
| Income tax | 85,000 | 128,000 | 127,000 | 150,000 |
| Net income | 154,000 | 219,000 | 235,000 | 300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,736,000 | 9,694,000 | 9,991,000 | 10,115,000 |
| Total capital | 11,100,000 | 11,068,000 | 11,299,000 | 11,354,000 |
| Risk-weighted assets | 107,911,000 | 108,595,000 | 103,228,000 | 98,632,000 |