Call reports 2018
PROGROWTH BANK — 2018
What PROGROWTH BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 120,358,000 | 122,278,000 | 118,459,000 | 142,406,000 |
| Total loans | 76,182,000 | 76,679,000 | 76,022,000 | 78,267,000 |
| Allowance for loan losses | 1,049,000 | 1,052,000 | 1,056,000 | 1,060,000 |
| Securities available for sale | 37,832,000 | 36,134,000 | 34,750,000 | 33,676,000 |
| Securities held to maturity | 134,000 | 106,000 | 89,000 | 70,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,101,000 | 104,097,000 | 100,786,000 | 126,687,000 |
| Interest-bearing deposits | 78,276,000 | 81,327,000 | 80,073,000 | 79,482,000 |
| Noninterest-bearing deposits | 19,825,000 | 22,770,000 | 20,713,000 | 47,205,000 |
| Equity capital | 11,351,000 | 11,093,000 | 11,303,000 | 11,626,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,274,000 | 2,630,000 | 3,955,000 | 5,305,000 |
| Interest expense | 151,000 | 308,000 | 449,000 | 584,000 |
| Net interest income | 1,123,000 | 2,322,000 | 3,506,000 | 4,721,000 |
| Noninterest income | 138,000 | 290,000 | 403,000 | 543,000 |
| Noninterest expense | 895,000 | 1,808,000 | 2,708,000 | 3,716,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 355,000 | 657,000 | 1,029,000 | 1,370,000 |
| Income tax | 103,000 | 189,000 | 296,000 | 394,000 |
| Net income | 252,000 | 468,000 | 733,000 | 976,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,574,000 | 11,290,000 | 11,555,000 | 11,798,000 |
| Total capital | 12,509,000 | 12,237,000 | 12,494,000 | 12,748,000 |
| Risk-weighted assets | 74,714,000 | 75,725,000 | 75,003,000 | 75,967,000 |