Call reports 2018
PROGRESSIVE SAVINGS BANK — 2018
What PROGRESSIVE SAVINGS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 293,556,000 | 290,386,000 | 290,994,000 | 299,045,000 |
| Total loans | 198,067,000 | 196,048,000 | 193,715,000 | 197,961,000 |
| Allowance for loan losses | 2,335,000 | 2,430,000 | 2,487,000 | 2,517,000 |
| Securities available for sale | 32,124,000 | 30,465,000 | 29,376,000 | 28,015,000 |
| Securities held to maturity | 1,475,000 | 1,475,000 | 1,475,000 | 1,475,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 263,164,000 | 260,278,000 | 260,092,000 | 267,075,000 |
| Interest-bearing deposits | 209,184,000 | 204,602,000 | 204,941,000 | 205,413,000 |
| Noninterest-bearing deposits | 53,980,000 | 55,676,000 | 55,151,000 | 61,662,000 |
| Equity capital | 27,784,000 | 28,223,000 | 28,802,000 | 29,943,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,015,000 | 6,050,000 | 9,131,000 | 12,275,000 |
| Interest expense | 307,000 | 613,000 | 941,000 | 1,313,000 |
| Net interest income | 2,708,000 | 5,437,000 | 8,190,000 | 10,962,000 |
| Noninterest income | 1,310,000 | 2,258,000 | 3,538,000 | 4,858,000 |
| Noninterest expense | 3,229,000 | 6,388,000 | 9,657,000 | 12,750,000 |
| Provision for loan losses | 100,000 | 160,000 | 200,000 | 370,000 |
| Pretax income | 689,000 | 1,147,000 | 1,871,000 | 2,700,000 |
| Income tax | 34,000 | 58,000 | 105,000 | 7,000 |
| Net income | 655,000 | 1,089,000 | 1,766,000 | 2,693,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,682,000 | 28,137,000 | 28,837,000 | 29,789,000 |
| Total capital | 30,017,000 | 30,567,000 | 31,324,000 | 32,306,000 |
| Risk-weighted assets | 226,826,000 | 223,821,000 | 221,805,000 | 226,077,000 |