Call reports 2011
CENTRAL PROGRESSIVE BANK — 2011
What CENTRAL PROGRESSIVE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Total assets | 405,296,000 | 383,880,000 | 383,132,000 |
| Total loans | 243,238,000 | 246,220,000 | 239,331,000 |
| Allowance for loan losses | 7,207,000 | 13,242,000 | 8,068,000 |
| Securities available for sale | 9,480,000 | 10,232,000 | 5,691,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 357,761,000 | 349,528,000 | 347,720,000 |
| Interest-bearing deposits | 295,953,000 | 288,730,000 | 287,055,000 |
| Noninterest-bearing deposits | 61,808,000 | 60,798,000 | 60,665,000 |
| Equity capital | 21,317,000 | 8,066,000 | 2,452,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Interest income | 3,760,000 | 7,573,000 | 11,331,000 |
| Interest expense | 1,319,000 | 2,556,000 | 3,757,000 |
| Net interest income | 2,441,000 | 5,017,000 | 7,574,000 |
| Noninterest income | 1,510,000 | 2,860,000 | 4,291,000 |
| Noninterest expense | 4,428,000 | 14,857,000 | 24,139,000 |
| Provision for loan losses | 0 | 6,788,000 | 7,093,000 |
| Pretax income | -477,000 | -13,768,000 | -19,367,000 |
| Income tax | 0 | 6,000 | 6,000 |
| Net income | -477,000 | -13,774,000 | -19,373,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Tier 1 capital | 21,325,000 | 8,039,000 | 2,439,000 |
| Total capital | 25,342,000 | 12,045,000 | 4,878,000 |
| Risk-weighted assets | 318,140,000 | 311,221,000 | 297,655,000 |