Call reports 2015
PROGRESSIVE-HOME FEDERAL SAVINGS AND LOAN ASSOCIATION — 2015
What PROGRESSIVE-HOME FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 52,909,000 | 52,881,000 | 52,768,000 | 52,097,000 |
| Total loans | 29,145,000 | 29,904,000 | 29,643,000 | 30,184,000 |
| Allowance for loan losses | 321,000 | 321,000 | 320,000 | 320,000 |
| Securities available for sale | 17,233,000 | 17,075,000 | 17,142,000 | 17,287,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,984,000 | 39,003,000 | 38,963,000 | 38,401,000 |
| Interest-bearing deposits | 37,498,000 | 37,667,000 | 37,486,000 | 36,744,000 |
| Noninterest-bearing deposits | 1,486,000 | 1,336,000 | 1,477,000 | 1,657,000 |
| Equity capital | 7,281,000 | 7,127,000 | 7,278,000 | 7,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 475,000 | 919,000 | 1,364,000 | 1,815,000 |
| Interest expense | 97,000 | 192,000 | 285,000 | 377,000 |
| Net interest income | 378,000 | 727,000 | 1,079,000 | 1,438,000 |
| Noninterest income | 6,000 | 16,000 | 23,000 | 29,000 |
| Noninterest expense | 342,000 | 667,000 | 993,000 | 1,347,000 |
| Provision for loan losses | 4,000 | 4,000 | 4,000 | 4,000 |
| Pretax income | 50,000 | 84,000 | 130,000 | 148,000 |
| Income tax | 20,000 | 33,000 | 21,000 | 23,000 |
| Net income | 30,000 | 51,000 | 109,000 | 125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,160,000 | 6,102,000 | 6,204,000 | 6,148,000 |
| Total capital | 6,462,000 | 6,423,000 | 6,521,000 | 6,467,000 |
| Risk-weighted assets | 24,146,000 | 25,186,000 | 24,879,000 | 24,986,000 |