Call reports 2013
PROGROWTH BANK — 2013
What PROGROWTH BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 125,315,000 | 120,926,000 | 124,078,000 | 159,591,000 |
| Total loans | 65,715,000 | 66,476,000 | 66,210,000 | 69,055,000 |
| Allowance for loan losses | 1,311,000 | 1,299,000 | 1,298,000 | 1,186,000 |
| Securities available for sale | 40,559,000 | 38,015,000 | 37,650,000 | 40,566,000 |
| Securities held to maturity | 3,142,000 | 2,919,000 | 2,711,000 | 2,551,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,380,000 | 97,042,000 | 101,439,000 | 135,679,000 |
| Interest-bearing deposits | 84,484,000 | 81,704,000 | 82,957,000 | 79,241,000 |
| Noninterest-bearing deposits | 15,896,000 | 15,338,000 | 18,482,000 | 56,438,000 |
| Equity capital | 11,443,000 | 11,377,000 | 11,112,000 | 10,513,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,360,000 | 2,679,000 | 4,043,000 | 5,331,000 |
| Interest expense | 247,000 | 482,000 | 709,000 | 918,000 |
| Net interest income | 1,113,000 | 2,197,000 | 3,334,000 | 4,413,000 |
| Noninterest income | 63,000 | 353,000 | 449,000 | 685,000 |
| Noninterest expense | 1,200,000 | 2,305,000 | 3,362,000 | 4,298,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -93,000 | 113,000 | 331,000 | 861,000 |
| Income tax | -51,000 | 37,000 | 121,000 | 348,000 |
| Net income | -42,000 | 76,000 | 210,000 | 513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,259,000 | 11,377,000 | 11,261,000 | 10,914,000 |
| Total capital | 12,239,000 | 12,354,000 | 12,246,000 | 12,026,000 |
| Risk-weighted assets | 78,084,000 | 77,080,000 | 78,479,000 | 88,901,000 |