Call reports 2017
PROGROWTH BANK — 2017
What PROGROWTH BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 116,939,000 | 119,846,000 | 118,604,000 | 141,687,000 |
| Total loans | 69,530,000 | 73,098,000 | 74,343,000 | 75,513,000 |
| Allowance for loan losses | 1,035,000 | 1,040,000 | 1,042,000 | 1,045,000 |
| Securities available for sale | 36,896,000 | 35,693,000 | 36,072,000 | 39,500,000 |
| Securities held to maturity | 284,000 | 240,000 | 199,000 | 162,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,404,000 | 102,083,000 | 101,268,000 | 124,634,000 |
| Interest-bearing deposits | 79,345,000 | 80,990,000 | 80,294,000 | 81,494,000 |
| Noninterest-bearing deposits | 20,059,000 | 21,093,000 | 20,974,000 | 43,140,000 |
| Equity capital | 11,249,000 | 11,464,000 | 11,594,000 | 11,627,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,240,000 | 2,386,000 | 3,589,000 | 4,827,000 |
| Interest expense | 144,000 | 285,000 | 427,000 | 566,000 |
| Net interest income | 1,096,000 | 2,101,000 | 3,162,000 | 4,261,000 |
| Noninterest income | 118,000 | 249,000 | 404,000 | 548,000 |
| Noninterest expense | 935,000 | 1,858,000 | 2,790,000 | 3,697,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 261,000 | 458,000 | 731,000 | 1,054,000 |
| Income tax | 102,000 | 181,000 | 292,000 | 429,000 |
| Net income | 159,000 | 277,000 | 439,000 | 625,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,168,000 | 11,286,000 | 11,448,000 | 11,634,000 |
| Total capital | 12,040,000 | 12,187,000 | 12,361,000 | 12,566,000 |
| Risk-weighted assets | 69,640,000 | 71,983,000 | 72,925,000 | 74,503,000 |