Call reports 2009
PROGRESSIVE BANK — 2009
What PROGRESSIVE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 369,616,000 | 359,015,000 | 360,230,000 | 371,586,000 |
| Total loans | 290,023,000 | 285,663,000 | 291,240,000 | 301,616,000 |
| Allowance for loan losses | 3,924,000 | 4,134,000 | 4,222,000 | 4,405,000 |
| Securities available for sale | 18,665,000 | 15,781,000 | 18,320,000 | 17,508,000 |
| Securities held to maturity | 3,806,000 | 4,092,000 | 5,872,000 | 6,038,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 282,603,000 | 276,794,000 | 276,311,000 | 281,027,000 |
| Interest-bearing deposits | 210,602,000 | 204,447,000 | 198,469,000 | 197,614,000 |
| Noninterest-bearing deposits | 72,001,000 | 72,347,000 | 77,842,000 | 83,413,000 |
| Equity capital | 35,805,000 | 36,397,000 | 36,988,000 | 38,480,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,854,000 | 9,747,000 | 14,596,000 | 19,552,000 |
| Interest expense | 1,388,000 | 2,547,000 | 3,566,000 | 4,557,000 |
| Net interest income | 3,466,000 | 7,200,000 | 11,030,000 | 14,995,000 |
| Noninterest income | 1,035,000 | 2,131,000 | 3,286,000 | 4,396,000 |
| Noninterest expense | 4,041,000 | 7,780,000 | 11,484,000 | 15,381,000 |
| Provision for loan losses | 555,000 | 755,000 | 875,000 | 1,120,000 |
| Pretax income | -95,000 | 796,000 | 1,957,000 | 2,890,000 |
| Income tax | -66,000 | 200,000 | 613,000 | 925,000 |
| Net income | -29,000 | 596,000 | 1,344,000 | 1,965,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,608,000 | 36,233,000 | 36,781,000 | 38,301,000 |
| Total capital | 39,532,000 | 40,168,000 | 40,788,000 | 42,401,000 |
| Risk-weighted assets | 319,613,000 | 314,565,000 | 320,308,000 | 327,718,000 |