Call reports 2022
PROGROWTH BANK — 2022
What PROGROWTH BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 287,457,000 | 273,295,000 | 289,082,000 | 292,634,000 |
| Total loans | 75,139,000 | 75,099,000 | 74,862,000 | 77,196,000 |
| Allowance for loan losses | 1,041,000 | 1,044,000 | 1,047,000 | 688,000 |
| Securities available for sale | 199,166,000 | 185,305,000 | 192,845,000 | 190,742,000 |
| Securities held to maturity | 11,000 | 11,000 | 11,000 | 11,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,399,000 | 227,331,000 | 245,178,000 | 261,115,000 |
| Interest-bearing deposits | 191,143,000 | 192,653,000 | 202,686,000 | 208,321,000 |
| Noninterest-bearing deposits | 41,256,000 | 34,678,000 | 42,492,000 | 52,794,000 |
| Equity capital | 17,784,000 | 11,895,000 | 7,331,000 | 8,902,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,847,000 | 3,793,000 | 6,014,000 | 8,574,000 |
| Interest expense | 275,000 | 654,000 | 1,232,000 | 2,009,000 |
| Net interest income | 1,572,000 | 3,139,000 | 4,782,000 | 6,565,000 |
| Noninterest income | 111,000 | 233,000 | 431,000 | 556,000 |
| Noninterest expense | 1,042,000 | 2,114,000 | 3,202,000 | 4,396,000 |
| Provision for loan losses | 0 | 0 | 0 | -350,000 |
| Pretax income | 672,000 | 1,271,000 | 1,994,000 | 2,977,000 |
| Income tax | 141,000 | 258,000 | 417,000 | 717,000 |
| Net income | 531,000 | 1,013,000 | 1,577,000 | 2,260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,023,000 | 25,504,000 | 26,068,000 | 25,852,000 |
| Total capital | 26,064,000 | 26,548,000 | 27,115,000 | 26,540,000 |
| Risk-weighted assets | 130,152,000 | 133,205,000 | 140,776,000 | 134,567,000 |