Call reports 2001
PROGRESSIVE BANK — 2001
What PROGRESSIVE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 194,627,000 | 183,825,000 | 211,017,000 | 208,706,000 |
| Total loans | 127,188,000 | 139,621,000 | 155,409,000 | 159,391,000 |
| Allowance for loan losses | 1,357,000 | 1,472,000 | 1,717,000 | 1,785,000 |
| Securities available for sale | 24,755,000 | 21,243,000 | 23,906,000 | 26,179,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,970,000 | 148,738,000 | 164,815,000 | 157,837,000 |
| Interest-bearing deposits | 135,865,000 | 118,559,000 | 135,367,000 | 125,957,000 |
| Noninterest-bearing deposits | 29,105,000 | 30,179,000 | 29,448,000 | 31,880,000 |
| Equity capital | 15,183,000 | 15,619,000 | 21,524,000 | 22,183,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 3,513,000 | 7,011,000 | 10,840,000 | 14,520,000 |
| Interest expense | 1,923,000 | 3,628,000 | 5,437,000 | 6,936,000 |
| Net interest income | 1,590,000 | 3,383,000 | 5,403,000 | 7,584,000 |
| Noninterest income | 479,000 | 976,000 | 1,502,000 | 2,014,000 |
| Noninterest expense | 1,663,000 | 3,349,000 | 5,118,000 | 7,163,000 |
| Provision for loan losses | 53,000 | 163,000 | 493,000 | 653,000 |
| Pretax income | 353,000 | 847,000 | 1,294,000 | 1,782,000 |
| Income tax | 120,000 | 289,000 | 440,000 | 607,000 |
| Net income | 233,000 | 558,000 | 854,000 | 1,175,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,927,000 | 15,351,000 | 21,148,000 | 21,969,000 |
| Total capital | 16,284,000 | 16,823,000 | 22,865,000 | 23,754,000 |
| Risk-weighted assets | 142,550,000 | 152,316,000 | 173,250,000 | 182,048,000 |