Call reports 2016
PROGRESSIVE SAVINGS BANK — 2016
What PROGRESSIVE SAVINGS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 271,663,000 | 279,521,000 | 283,147,000 | 294,712,000 |
| Total loans | 190,842,000 | 194,520,000 | 203,020,000 | 213,622,000 |
| Allowance for loan losses | 1,437,000 | 1,458,000 | 1,486,000 | 2,100,000 |
| Securities available for sale | 23,503,000 | 21,884,000 | 20,986,000 | 19,838,000 |
| Securities held to maturity | 1,475,000 | 1,475,000 | 1,475,000 | 1,475,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,231,000 | 252,074,000 | 254,996,000 | 266,536,000 |
| Interest-bearing deposits | 206,530,000 | 208,725,000 | 211,591,000 | 220,843,000 |
| Noninterest-bearing deposits | 38,701,000 | 43,349,000 | 43,405,000 | 45,693,000 |
| Equity capital | 24,614,000 | 25,416,000 | 25,832,000 | 25,708,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,659,000 | 5,459,000 | 8,328,000 | 11,299,000 |
| Interest expense | 309,000 | 639,000 | 970,000 | 1,308,000 |
| Net interest income | 2,350,000 | 4,820,000 | 7,358,000 | 9,991,000 |
| Noninterest income | 1,160,000 | 2,364,000 | 3,692,000 | 4,873,000 |
| Noninterest expense | 3,099,000 | 6,250,000 | 9,597,000 | 12,663,000 |
| Provision for loan losses | 0 | 20,000 | 50,000 | 660,000 |
| Pretax income | 411,000 | 914,000 | 1,403,000 | 1,541,000 |
| Income tax | 18,000 | 43,000 | 66,000 | 106,000 |
| Net income | 393,000 | 871,000 | 1,337,000 | 1,435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,935,000 | 24,674,000 | 25,154,000 | 25,267,000 |
| Total capital | 25,372,000 | 26,132,000 | 26,640,000 | 27,367,000 |
| Risk-weighted assets | 213,760,000 | 221,936,000 | 230,456,000 | 243,516,000 |