Call reports 2008
CENTRAL PROGRESSIVE BANK — 2008
What CENTRAL PROGRESSIVE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 508,652,000 | 480,926,000 | 471,422,000 | 437,421,000 |
| Total loans | 411,288,000 | 399,626,000 | 377,496,000 | 348,004,000 |
| Allowance for loan losses | 13,895,000 | 17,667,000 | 16,642,000 | 26,172,000 |
| Securities available for sale | 2,955,000 | 2,047,000 | 5,280,000 | 5,154,000 |
| Securities held to maturity | 6,839,000 | 9,824,000 | 9,819,000 | 9,815,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 406,667,000 | 396,387,000 | 376,666,000 | 365,067,000 |
| Interest-bearing deposits | 332,891,000 | 324,818,000 | 308,017,000 | 298,472,000 |
| Noninterest-bearing deposits | 73,776,000 | 71,569,000 | 68,649,000 | 66,595,000 |
| Equity capital | 60,811,000 | 54,777,000 | 55,096,000 | 38,570,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 8,666,000 | 14,962,000 | 21,457,000 | 26,791,000 |
| Interest expense | 3,415,000 | 5,964,000 | 8,324,000 | 10,904,000 |
| Net interest income | 5,251,000 | 8,998,000 | 13,133,000 | 15,887,000 |
| Noninterest income | 1,584,000 | 3,255,000 | 4,919,000 | 6,228,000 |
| Noninterest expense | 5,471,000 | 14,800,000 | 19,909,000 | 24,376,000 |
| Provision for loan losses | 300,000 | 5,598,000 | 5,598,000 | 30,308,000 |
| Pretax income | 1,064,000 | -8,145,000 | -7,455,000 | -32,569,000 |
| Income tax | 360,000 | -2,824,000 | -2,444,000 | -11,034,000 |
| Net income | 704,000 | -5,321,000 | -5,011,000 | -21,535,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,811,000 | 54,787,000 | 55,096,000 | 34,234,000 |
| Total capital | 66,604,000 | 60,388,000 | 60,301,000 | 39,386,000 |
| Risk-weighted assets | 456,943,000 | 436,021,000 | 414,586,000 | 391,110,000 |