Call reports 2019
PROGRESSIVE SAVINGS BANK — 2019
What PROGRESSIVE SAVINGS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 300,623,000 | 296,756,000 | 291,991,000 | 295,333,000 |
| Total loans | 195,665,000 | 200,381,000 | 193,077,000 | 191,882,000 |
| Allowance for loan losses | 2,588,000 | 2,641,000 | 2,406,000 | 2,503,000 |
| Securities available for sale | 26,822,000 | 29,639,000 | 28,532,000 | 27,667,000 |
| Securities held to maturity | 1,475,000 | 1,794,000 | 1,794,000 | 1,794,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 267,992,000 | 264,327,000 | 259,260,000 | 262,320,000 |
| Interest-bearing deposits | 208,008,000 | 201,864,000 | 196,828,000 | 193,202,000 |
| Noninterest-bearing deposits | 59,984,000 | 62,463,000 | 62,432,000 | 69,118,000 |
| Equity capital | 30,584,000 | 30,200,000 | 30,483,000 | 30,315,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,141,000 | 6,378,000 | 9,325,000 | 12,416,000 |
| Interest expense | 401,000 | 812,000 | 1,229,000 | 1,631,000 |
| Net interest income | 2,740,000 | 5,566,000 | 8,096,000 | 10,785,000 |
| Noninterest income | 1,147,000 | 2,169,000 | 3,281,000 | 4,249,000 |
| Noninterest expense | 3,299,000 | 6,555,000 | 10,000,000 | 13,176,000 |
| Provision for loan losses | 76,000 | 157,000 | 222,000 | 318,000 |
| Pretax income | 512,000 | 1,023,000 | 1,155,000 | 1,540,000 |
| Income tax | 44,000 | 87,000 | 103,000 | 67,000 |
| Net income | 468,000 | 936,000 | 1,052,000 | 1,473,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,281,000 | 29,671,000 | 29,811,000 | 29,689,000 |
| Total capital | 32,869,000 | 32,312,000 | 32,216,000 | 32,192,000 |
| Risk-weighted assets | 225,018,000 | 226,590,000 | 221,133,000 | 217,452,000 |