Call reports 2021
PROGROWTH BANK — 2021
What PROGROWTH BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 200,695,000 | 231,595,000 | 235,011,000 | 268,012,000 |
| Total loans | 82,626,000 | 84,196,000 | 77,680,000 | 80,723,000 |
| Allowance for loan losses | 1,031,000 | 1,034,000 | 1,036,000 | 1,038,000 |
| Securities available for sale | 88,594,000 | 141,298,000 | 152,783,000 | 181,873,000 |
| Securities held to maturity | 12,000 | 12,000 | 12,000 | 11,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,937,000 | 198,252,000 | 199,198,000 | 210,069,000 |
| Interest-bearing deposits | 131,181,000 | 165,354,000 | 168,941,000 | 171,549,000 |
| Noninterest-bearing deposits | 33,756,000 | 32,898,000 | 30,257,000 | 38,520,000 |
| Equity capital | 23,593,000 | 24,905,000 | 25,329,000 | 25,252,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,765,000 | 3,377,000 | 5,553,000 | 7,305,000 |
| Interest expense | 172,000 | 363,000 | 562,000 | 753,000 |
| Net interest income | 1,593,000 | 3,014,000 | 4,991,000 | 6,552,000 |
| Noninterest income | 260,000 | 370,000 | 486,000 | 612,000 |
| Noninterest expense | 1,034,000 | 2,045,000 | 3,072,000 | 4,258,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 825,000 | 1,340,000 | 2,405,000 | 2,684,000 |
| Income tax | 175,000 | 280,000 | 537,000 | 578,000 |
| Net income | 650,000 | 1,060,000 | 1,868,000 | 2,106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,035,000 | 23,445,000 | 24,253,000 | 24,491,000 |
| Total capital | 24,066,000 | 24,479,000 | 25,289,000 | 25,529,000 |
| Risk-weighted assets | 88,638,000 | 96,485,000 | 105,123,000 | 116,264,000 |