Call reports 2011
PROGRESSIVE SAVINGS BANK — 2011
What PROGRESSIVE SAVINGS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 253,811,000 | 252,144,000 | 251,774,000 | 252,066,000 |
| Total loans | 168,916,000 | 164,417,000 | 165,522,000 | 163,956,000 |
| Allowance for loan losses | 1,429,000 | 1,517,000 | 1,670,000 | 1,723,000 |
| Securities available for sale | 23,712,000 | 24,738,000 | 30,947,000 | 28,308,000 |
| Securities held to maturity | 450,000 | 350,000 | 350,000 | 350,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,526,000 | 228,976,000 | 227,946,000 | 228,352,000 |
| Interest-bearing deposits | 214,336,000 | 212,155,000 | 209,628,000 | 208,422,000 |
| Noninterest-bearing deposits | 16,190,000 | 16,821,000 | 18,318,000 | 19,930,000 |
| Equity capital | 21,913,000 | 21,686,000 | 22,172,000 | 22,515,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,828,000 | 5,760,000 | 8,681,000 | 11,468,000 |
| Interest expense | 802,000 | 1,584,000 | 2,294,000 | 2,920,000 |
| Net interest income | 2,026,000 | 4,176,000 | 6,387,000 | 8,548,000 |
| Noninterest income | 1,018,000 | 1,958,000 | 2,980,000 | 3,873,000 |
| Noninterest expense | 2,587,000 | 5,247,000 | 8,003,000 | 10,638,000 |
| Provision for loan losses | 143,000 | 246,000 | 401,000 | 491,000 |
| Pretax income | 314,000 | 641,000 | 963,000 | 1,292,000 |
| Income tax | 20,000 | 41,000 | 62,000 | 80,000 |
| Net income | 294,000 | 600,000 | 901,000 | 1,212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,616,000 | 20,337,000 | 20,652,000 | 20,977,000 |
| Total capital | 22,045,000 | 21,854,000 | 22,322,000 | 22,700,000 |
| Risk-weighted assets | 188,118,000 | 181,955,000 | 183,072,000 | 180,069,000 |