Call reports 2012
PROGRESSIVE BANK — 2012
What PROGRESSIVE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 424,812,000 | 431,515,000 | 450,584,000 | 474,380,000 |
| Total loans | 345,554,000 | 354,624,000 | 371,239,000 | 381,280,000 |
| Allowance for loan losses | 5,593,000 | 5,803,000 | 5,544,000 | 5,548,000 |
| Securities available for sale | 24,196,000 | 20,161,000 | 14,792,000 | 16,125,000 |
| Securities held to maturity | 11,237,000 | 11,174,000 | 10,596,000 | 10,537,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 337,722,000 | 331,652,000 | 350,600,000 | 377,562,000 |
| Interest-bearing deposits | 212,007,000 | 208,171,000 | 230,950,000 | 238,781,000 |
| Noninterest-bearing deposits | 125,715,000 | 123,481,000 | 119,650,000 | 138,781,000 |
| Equity capital | 54,303,000 | 54,509,000 | 54,896,000 | 55,419,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 4,967,000 | 10,123,000 | 15,171,000 | 20,311,000 |
| Interest expense | 451,000 | 879,000 | 1,353,000 | 1,856,000 |
| Net interest income | 4,516,000 | 9,244,000 | 13,818,000 | 18,455,000 |
| Noninterest income | 1,100,000 | 2,177,000 | 3,335,000 | 4,566,000 |
| Noninterest expense | 4,146,000 | 8,584,000 | 13,159,000 | 17,922,000 |
| Provision for loan losses | 374,000 | 562,000 | 655,000 | 696,000 |
| Pretax income | 1,096,000 | 2,275,000 | 3,339,000 | 4,403,000 |
| Income tax | 328,000 | 771,000 | 1,089,000 | 1,410,000 |
| Net income | 768,000 | 1,504,000 | 2,250,000 | 2,993,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,093,000 | 54,305,000 | 54,701,000 | 55,269,000 |
| Total capital | 58,719,000 | 58,962,000 | 59,481,000 | 60,124,000 |
| Risk-weighted assets | 369,134,000 | 371,377,000 | 381,662,000 | 387,760,000 |