Call reports 2015
PROGRESSIVE SAVINGS BANK — 2015
What PROGRESSIVE SAVINGS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 265,899,000 | 256,392,000 | 254,207,000 | 257,877,000 |
| Total loans | 165,118,000 | 170,933,000 | 172,783,000 | 182,358,000 |
| Allowance for loan losses | 1,377,000 | 1,412,000 | 1,431,000 | 1,439,000 |
| Securities available for sale | 29,714,000 | 26,824,000 | 25,407,000 | 24,305,000 |
| Securities held to maturity | 1,475,000 | 1,475,000 | 1,475,000 | 1,475,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,450,000 | 230,434,000 | 227,630,000 | 230,975,000 |
| Interest-bearing deposits | 206,107,000 | 193,487,000 | 188,783,000 | 192,830,000 |
| Noninterest-bearing deposits | 34,343,000 | 36,947,000 | 38,847,000 | 38,145,000 |
| Equity capital | 23,837,000 | 24,062,000 | 24,535,000 | 24,166,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,439,000 | 5,017,000 | 7,531,000 | 10,107,000 |
| Interest expense | 295,000 | 584,000 | 861,000 | 1,127,000 |
| Net interest income | 2,144,000 | 4,433,000 | 6,670,000 | 8,980,000 |
| Noninterest income | 1,057,000 | 2,184,000 | 3,370,000 | 4,479,000 |
| Noninterest expense | 2,963,000 | 5,935,000 | 8,967,000 | 11,799,000 |
| Provision for loan losses | 15,000 | 50,000 | 70,000 | 70,000 |
| Pretax income | 223,000 | 632,000 | 1,003,000 | 1,590,000 |
| Income tax | 7,000 | 26,000 | 40,000 | 74,000 |
| Net income | 216,000 | 606,000 | 963,000 | 1,516,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,167,000 | 23,562,000 | 23,927,000 | 23,562,000 |
| Total capital | 24,544,000 | 24,974,000 | 25,358,000 | 25,001,000 |
| Risk-weighted assets | 194,262,000 | 196,193,000 | 197,511,000 | 205,462,000 |