Call reports 2014
PROGRESSIVE-HOME FEDERAL SAVINGS AND LOAN ASSOCIATION — 2014
What PROGRESSIVE-HOME FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 52,460,000 | 52,969,000 | 52,797,000 | 53,502,000 |
| Total loans | 29,003,000 | 29,185,000 | 29,629,000 | 29,699,000 |
| Allowance for loan losses | 318,000 | 313,000 | 318,000 | 317,000 |
| Securities available for sale | 19,801,000 | 18,957,000 | 18,928,000 | 18,920,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,825,000 | 39,121,000 | 38,920,000 | 39,159,000 |
| Interest-bearing deposits | 37,582,000 | 37,547,000 | 37,612,000 | 37,626,000 |
| Noninterest-bearing deposits | 1,243,000 | 1,574,000 | 1,308,000 | 1,533,000 |
| Equity capital | 6,887,000 | 7,063,000 | 7,068,000 | 7,196,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 476,000 | 948,000 | 1,415,000 | 1,888,000 |
| Interest expense | 98,000 | 195,000 | 298,000 | 402,000 |
| Net interest income | 378,000 | 753,000 | 1,117,000 | 1,486,000 |
| Noninterest income | 9,000 | 16,000 | 25,000 | 29,000 |
| Noninterest expense | 335,000 | 669,000 | 999,000 | 1,357,000 |
| Provision for loan losses | 5,000 | 7,000 | 12,000 | 17,000 |
| Pretax income | 47,000 | 112,000 | 152,000 | 191,000 |
| Income tax | 19,000 | 33,000 | 49,000 | 65,000 |
| Net income | 28,000 | 79,000 | 103,000 | 126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,806,000 | 5,935,000 | 5,994,000 | 6,085,000 |
| Total capital | 6,101,000 | 6,233,000 | 6,295,000 | 6,390,000 |
| Risk-weighted assets | 23,845,000 | 23,791,000 | 24,096,000 | 24,375,000 |