Call reports 2017
PROGRESSIVE SAVINGS BANK — 2017
What PROGRESSIVE SAVINGS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 304,188,000 | 303,547,000 | 305,960,000 | 307,826,000 |
| Total loans | 214,672,000 | 211,238,000 | 202,747,000 | 205,750,000 |
| Allowance for loan losses | 2,127,000 | 1,977,000 | 2,188,000 | 2,281,000 |
| Securities available for sale | 24,538,000 | 26,028,000 | 30,510,000 | 31,514,000 |
| Securities held to maturity | 1,475,000 | 1,475,000 | 1,475,000 | 1,475,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,052,000 | 275,033,000 | 275,633,000 | 277,629,000 |
| Interest-bearing deposits | 231,346,000 | 49,933,000 | 222,023,000 | 219,076,000 |
| Noninterest-bearing deposits | 44,706,000 | 225,100,000 | 53,610,000 | 58,553,000 |
| Equity capital | 26,302,000 | 26,641,000 | 27,982,000 | 28,255,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,000,000 | 6,048,000 | 9,144,000 | 12,243,000 |
| Interest expense | 347,000 | 732,000 | 1,108,000 | 1,464,000 |
| Net interest income | 2,653,000 | 5,316,000 | 8,036,000 | 10,779,000 |
| Noninterest income | 1,218,000 | 2,140,000 | 5,248,000 | 6,057,000 |
| Noninterest expense | 3,254,000 | 6,361,000 | 9,897,000 | 12,928,000 |
| Provision for loan losses | 30,000 | 90,000 | 372,000 | 505,000 |
| Pretax income | 587,000 | 1,005,000 | 3,015,000 | 3,403,000 |
| Income tax | 27,000 | 10,000 | 48,000 | 80,000 |
| Net income | 560,000 | 995,000 | 2,967,000 | 3,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,824,000 | 26,030,000 | 27,422,000 | 27,799,000 |
| Total capital | 27,951,000 | 28,007,000 | 29,610,000 | 30,080,000 |
| Risk-weighted assets | 245,543,000 | 240,775,000 | 236,434,000 | 237,474,000 |