Call reports 2013
PROGRESSIVE SAVINGS BANK — 2013
What PROGRESSIVE SAVINGS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 256,226,000 | 260,980,000 | 261,016,000 | 262,642,000 |
| Total loans | 163,782,000 | 162,414,000 | 164,049,000 | 163,787,000 |
| Allowance for loan losses | 1,707,000 | 1,672,000 | 1,669,000 | 1,678,000 |
| Securities available for sale | 31,849,000 | 40,621,000 | 38,843,000 | 37,720,000 |
| Securities held to maturity | 1,475,000 | 1,475,000 | 1,475,000 | 1,475,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 231,730,000 | 236,699,000 | 236,662,000 | 237,947,000 |
| Interest-bearing deposits | 207,394,000 | 207,602,000 | 206,899,000 | 202,940,000 |
| Noninterest-bearing deposits | 24,336,000 | 29,097,000 | 29,763,000 | 35,007,000 |
| Equity capital | 23,302,000 | 22,828,000 | 22,924,000 | 23,370,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,576,000 | 5,036,000 | 7,536,000 | 10,054,000 |
| Interest expense | 515,000 | 1,003,000 | 1,469,000 | 1,861,000 |
| Net interest income | 2,061,000 | 4,033,000 | 6,067,000 | 8,193,000 |
| Noninterest income | 1,126,000 | 2,218,000 | 3,237,000 | 4,407,000 |
| Noninterest expense | 2,862,000 | 5,668,000 | 8,291,000 | 11,159,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 325,000 | 583,000 | 1,013,000 | 1,441,000 |
| Income tax | 24,000 | 41,000 | 71,000 | 102,000 |
| Net income | 301,000 | 542,000 | 942,000 | 1,339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,974,000 | 22,139,000 | 22,563,000 | 22,975,000 |
| Total capital | 23,681,000 | 23,811,000 | 24,232,000 | 24,653,000 |
| Risk-weighted assets | 180,399,000 | 180,140,000 | 183,575,000 | 187,663,000 |