Call reports 2025
PROGRESSIVE BANK — 2025
What PROGRESSIVE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 752,170,000 | 755,312,000 | 752,321,000 | 767,955,000 |
| Total loans | 582,892,000 | 595,823,000 | 593,399,000 | 597,169,000 |
| Allowance for loan losses | 7,582,000 | 7,527,000 | 7,501,000 | 7,484,000 |
| Securities available for sale | 56,883,000 | 51,743,000 | 45,788,000 | 40,604,000 |
| Securities held to maturity | 5,719,000 | 5,613,000 | 5,336,000 | 5,244,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 672,963,000 | 675,061,000 | 669,786,000 | 687,098,000 |
| Interest-bearing deposits | 464,682,000 | 467,126,000 | 471,953,000 | 472,295,000 |
| Noninterest-bearing deposits | 208,281,000 | 207,935,000 | 197,833,000 | 214,803,000 |
| Equity capital | 69,153,000 | 70,893,000 | 73,165,000 | 69,672,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 9,215,000 | 18,735,000 | 28,391,000 | 38,184,000 |
| Interest expense | 3,136,000 | 6,197,000 | 9,263,000 | 12,223,000 |
| Net interest income | 6,079,000 | 12,538,000 | 19,128,000 | 25,961,000 |
| Noninterest income | 1,248,000 | 2,367,000 | 3,689,000 | 4,976,000 |
| Noninterest expense | 5,502,000 | 10,916,000 | 16,270,000 | 27,282,000 |
| Provision for loan losses | 0 | -8,000 | -8,000 | -8,000 |
| Pretax income | 1,825,000 | 3,986,000 | 6,544,000 | 3,652,000 |
| Income tax | 379,000 | 825,000 | 1,354,000 | 741,000 |
| Net income | 1,446,000 | 3,161,000 | 5,190,000 | 2,911,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,077,000 | 75,493,000 | 77,222,000 | 73,444,000 |
| Total capital | 81,586,000 | 83,049,000 | 84,751,000 | — |
| Risk-weighted assets | 600,661,000 | 624,986,000 | 606,211,000 | — |