Call reports 2010
CENTRAL PROGRESSIVE BANK — 2010
What CENTRAL PROGRESSIVE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 413,103,000 | 406,315,000 | 416,773,000 | 409,844,000 |
| Total loans | 260,748,000 | 260,800,000 | 257,244,000 | 247,248,000 |
| Allowance for loan losses | 12,094,000 | 11,522,000 | 12,094,000 | 7,294,000 |
| Securities available for sale | 692,000 | 1,650,000 | 1,593,000 | 9,426,000 |
| Securities held to maturity | 9,795,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 350,336,000 | 343,602,000 | 355,220,000 | 361,917,000 |
| Interest-bearing deposits | 297,408,000 | 287,264,000 | 298,153,000 | 301,720,000 |
| Noninterest-bearing deposits | 52,928,000 | 56,338,000 | 57,067,000 | 60,197,000 |
| Equity capital | 36,308,000 | 36,212,000 | 34,853,000 | 21,737,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,240,000 | 9,103,000 | 13,411,000 | 17,206,000 |
| Interest expense | 1,769,000 | 3,413,000 | 4,920,000 | 6,429,000 |
| Net interest income | 2,471,000 | 5,690,000 | 8,491,000 | 10,777,000 |
| Noninterest income | 1,194,000 | 2,659,000 | 4,057,000 | 5,303,000 |
| Noninterest expense | 4,959,000 | 9,830,000 | 15,733,000 | 24,897,000 |
| Provision for loan losses | 42,000 | 42,000 | 413,000 | 413,000 |
| Pretax income | -1,336,000 | -1,523,000 | -3,598,000 | -9,230,000 |
| Income tax | -484,000 | -576,000 | -1,289,000 | 6,110,000 |
| Net income | -852,000 | -947,000 | -2,309,000 | -15,340,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,622,000 | 30,434,000 | 27,445,000 | 21,773,000 |
| Total capital | 35,097,000 | 34,741,000 | 31,723,000 | 25,811,000 |
| Risk-weighted assets | 350,610,000 | 337,371,000 | 334,441,000 | 319,816,000 |