Call reports 2011
PROGROWTH BANK — 2011
What PROGROWTH BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 140,595,000 | 139,318,000 | 131,702,000 | 142,685,000 |
| Total loans | 77,819,000 | 76,927,000 | 77,285,000 | 77,274,000 |
| Allowance for loan losses | 1,777,000 | 1,832,000 | 1,828,000 | 1,928,000 |
| Securities available for sale | 22,635,000 | 26,102,000 | 31,017,000 | 31,437,000 |
| Securities held to maturity | 6,062,000 | 5,712,000 | 5,343,000 | 4,866,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,954,000 | 112,645,000 | 105,473,000 | 116,841,000 |
| Interest-bearing deposits | 99,408,000 | 96,951,000 | 89,955,000 | 83,354,000 |
| Noninterest-bearing deposits | 13,546,000 | 15,694,000 | 15,519,000 | 33,487,000 |
| Equity capital | 9,651,000 | 9,677,000 | 9,859,000 | 9,890,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,728,000 | 3,484,000 | 5,228,000 | 7,003,000 |
| Interest expense | 471,000 | 902,000 | 1,280,000 | 1,604,000 |
| Net interest income | 1,257,000 | 2,582,000 | 3,948,000 | 5,399,000 |
| Noninterest income | 118,000 | 233,000 | 378,000 | 266,000 |
| Noninterest expense | 1,224,000 | 2,336,000 | 3,350,000 | 4,182,000 |
| Provision for loan losses | 60,000 | 210,000 | 285,000 | 445,000 |
| Pretax income | 46,000 | 181,000 | 573,000 | 907,000 |
| Income tax | 32,000 | 84,000 | 240,000 | 374,000 |
| Net income | 14,000 | 97,000 | 333,000 | 533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,937,000 | 9,964,000 | 10,571,000 | 10,771,000 |
| Total capital | 11,132,000 | 11,144,000 | 11,746,000 | 11,946,000 |
| Risk-weighted assets | 95,042,000 | 93,940,000 | 93,329,000 | 93,249,000 |