Call reports 2019
PROGROWTH BANK — 2019
What PROGROWTH BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 118,100,000 | 120,848,000 | 118,620,000 | 148,659,000 |
| Total loans | 78,314,000 | 77,098,000 | 81,276,000 | 78,783,000 |
| Allowance for loan losses | 1,062,000 | 993,000 | 993,000 | 998,000 |
| Securities available for sale | 31,640,000 | 30,637,000 | 27,733,000 | 26,685,000 |
| Securities held to maturity | 59,000 | 41,000 | 30,000 | 16,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,800,000 | 103,207,000 | 100,561,000 | 131,476,000 |
| Interest-bearing deposits | 80,756,000 | 80,387,000 | 78,079,000 | 82,206,000 |
| Noninterest-bearing deposits | 22,044,000 | 22,820,000 | 22,482,000 | 49,270,000 |
| Equity capital | 11,325,000 | 11,884,000 | 12,131,000 | 12,295,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,353,000 | 2,864,000 | 4,244,000 | 5,611,000 |
| Interest expense | 137,000 | 292,000 | 470,000 | 650,000 |
| Net interest income | 1,216,000 | 2,572,000 | 3,774,000 | 4,961,000 |
| Noninterest income | 108,000 | 218,000 | 329,000 | 453,000 |
| Noninterest expense | 963,000 | 1,909,000 | 2,840,000 | 3,854,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 350,000 | 866,000 | 1,241,000 | 1,531,000 |
| Income tax | 100,000 | 247,000 | 356,000 | 443,000 |
| Net income | 250,000 | 619,000 | 885,000 | 1,088,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,298,000 | 11,668,000 | 11,933,000 | 12,136,000 |
| Total capital | 12,247,000 | 12,578,000 | 12,870,000 | 13,060,000 |
| Risk-weighted assets | 75,815,000 | 72,786,000 | 74,965,000 | 73,909,000 |