Call reports 2016
PROGRESSIVE-HOME FEDERAL SAVINGS AND LOAN ASSOCIATION — 2016
What PROGRESSIVE-HOME FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 51,700,000 | 51,375,000 | 51,776,000 | 51,224,000 |
| Total loans | 30,221,000 | 30,860,000 | 31,071,000 | 31,069,000 |
| Allowance for loan losses | 320,000 | 320,000 | 321,000 | 321,000 |
| Securities available for sale | 16,427,000 | 16,317,000 | 15,503,000 | 14,932,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,055,000 | 37,629,000 | 37,718,000 | 37,703,000 |
| Interest-bearing deposits | 36,706,000 | 36,223,000 | 36,457,000 | 36,238,000 |
| Noninterest-bearing deposits | 1,349,000 | 1,406,000 | 1,261,000 | 1,465,000 |
| Equity capital | 7,346,000 | 7,447,000 | 7,401,000 | 7,048,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 447,000 | 881,000 | 1,314,000 | 1,751,000 |
| Interest expense | 90,000 | 179,000 | 268,000 | 359,000 |
| Net interest income | 357,000 | 702,000 | 1,046,000 | 1,392,000 |
| Noninterest income | 5,000 | 11,000 | 25,000 | 29,000 |
| Noninterest expense | 344,000 | 678,000 | 1,079,000 | 1,428,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 55,000 | 82,000 | 55,000 | 75,000 |
| Income tax | 22,000 | 33,000 | 13,000 | 21,000 |
| Net income | 33,000 | 49,000 | 42,000 | 54,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,283,000 | 6,351,000 | 6,313,000 | 6,146,000 |
| Total capital | 6,597,000 | 6,669,000 | 6,631,000 | 6,463,000 |
| Risk-weighted assets | 24,661,000 | 25,019,000 | 25,017,000 | 24,791,000 |