Home > The Progressive Bank > Assets and Liabilities
The Progressive Bank, Assets and Liabilities
| 1999-12-31 | Rank | |
| # of Employees: | 36 | 4,563 |
| Assets and Liabilities | ||
| Total Assets: | $153,861,000 | 3,027 |
| Cash and due from depository institutions | $3,545,000 | 4,563 |
| Interest-bearing balances | $67,000 | 5,215 |
| Securities | $15,551,000 | 5,685 |
| Federal funds sold & reverse repurchase agreements | $748,000 | 5,341 |
| Net loans & leases | $130,193,000 | 2,309 |
| Loan loss allowance | $1,742,000 | 2,102 |
| Trading account assets | $0 | 165 |
| Bank premises and fixed assets | $2,117,000 | 3,839 |
| Other real estate owned | $31,000 | 4,563 |
| Goodwill and other intangibles | $0 | 3,276 |
| All other assets | $1,676,000 | 4,495 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $153,861,000 | 3,027 |
| Total liabilities | $140,310,000 | 2,992 |
| Total deposits | $108,152,000 | 3,481 |
| Interest-bearing deposits | $93,586,000 | 3,458 |
| Deposits held in domestic offices | $108,152,000 | 3,479 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $23,212,000 | 765 |
| Trading liabilities | $0 | 65 |
| Other borrowed funds | $8,222,000 | 2,250 |
| Subordinated debt | $0 | 242 |
| All other liabilities | $724,000 | 4,148 |
| Total equity capital | $13,551,000 | 3,241 |
| Total bank equity capital | $13,551,000 | 3,241 |
| Perpetual preferred stock | $0 | 193 |
| Common stock | $275,000 | 6,070 |
| Surplus | $2,236,000 | 5,188 |
| Undivided profits | $11,040,000 | 2,249 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $72,000 | 7,280 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,502 |
| Income earned, not collected on loans | $1,194,000 | 1,868 |
| Earning assets | $146,559,000 | 2,909 |
| Long-term assets (5+ years) | $5,193,000 | 6,248 |
| Average Assets, year-to-date | $148,705,400 | 2,995 |
| Average Assets, quarterly | $152,740,000 | 3,015 |
| Volatile liabilities | $38,954,000 | 2,038 |
| Insider loans | $1,344,000 | 3,058 |
| FHLB advances | $0 | 802 |
| Loans and leases held for sale | $0 | 1,487 |
| Unused loan commitments | $15,371,000 | 2,829 |
| Tier 1 (core) risk-based capital | $13,609,000 | 3,219 |
| Tier 2 risk-based capital | $1,442,380 | 2,260 |
| Total risk weighted assets | $115,090,380 | 2,628 |
| Total unused commitments | $15,371,000 | 2,836 |
| Derivatives | $0 | 488 |
| 1998-12-31 | Rank | |
| # of Employees: | 48 | 3,601 |
| Assets and Liabilities | ||
| Total Assets: | $146,102,000 | 3,089 |
| Cash and due from depository institutions | $2,602,000 | 3,601 |
| Interest-bearing balances | $0 | 6,728 |
| Securities | $16,643,000 | 5,453 |
| Federal funds sold & reverse repurchase agreements | $2,738,000 | 5,059 |
| Net loans & leases | $120,336,000 | 2,312 |
| Loan loss allowance | $1,509,000 | 2,330 |
| Trading account assets | $0 | 197 |
| Bank premises and fixed assets | $2,274,000 | 3,494 |
| Other real estate owned | $0 | 3,601 |
| Goodwill and other intangibles | $0 | 3,445 |
| All other assets | $1,509,000 | 4,436 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $146,102,000 | 3,089 |
| Total liabilities | $134,390,000 | 3,046 |
| Total deposits | $121,681,000 | 3,107 |
| Interest-bearing deposits | $104,800,000 | 3,077 |
| Deposits held in domestic offices | $121,681,000 | 3,101 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $6,730,000 | 1,243 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $5,269,000 | 2,193 |
| Subordinated debt | $0 | 255 |
| All other liabilities | $710,000 | 4,562 |
| Total equity capital | $11,712,000 | 3,798 |
| Total bank equity capital | $11,712,000 | 3,798 |
| Perpetual preferred stock | $0 | 199 |
| Common stock | $275,000 | 6,169 |
| Surplus | $2,236,000 | 5,070 |
| Undivided profits | $9,201,000 | 2,775 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $287,000 | 5,274 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,642 |
| Income earned, not collected on loans | $1,087,000 | 2,026 |
| Earning assets | $139,717,000 | 2,992 |
| Long-term assets (5+ years) | $6,017,000 | 5,842 |
| Average Assets, year-to-date | $144,704,400 | 2,976 |
| Average Assets, quarterly | $145,125,500 | 3,061 |
| Volatile liabilities | $23,960,000 | 2,584 |
| Insider loans | $551,000 | 5,055 |
| FHLB advances | $0 | 740 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $17,035,000 | 2,529 |
| Tier 1 (core) risk-based capital | $11,613,000 | 3,656 |
| Tier 2 risk-based capital | $1,390,710 | 2,247 |
| Total risk weighted assets | $111,138,510 | 2,561 |
| Total unused commitments | $17,035,000 | 2,534 |
| Derivatives | $0 | 527 |
| 1997-12-31 | Rank | |
| # of Employees: | 34 | 5,035 |
| Assets and Liabilities | ||
| Total Assets: | $103,593,000 | 4,188 |
| Cash and due from depository institutions | $5,260,000 | 5,035 |
| Interest-bearing balances | $0 | 6,604 |
| Securities | $15,523,000 | 5,868 |
| Federal funds sold & reverse repurchase agreements | $23,000 | 8,131 |
| Net loans & leases | $80,513,000 | 3,342 |
| Loan loss allowance | $944,000 | 3,537 |
| Trading account assets | $0 | 203 |
| Bank premises and fixed assets | $1,215,000 | 5,373 |
| Other real estate owned | $0 | 5,035 |
| Goodwill and other intangibles | $0 | 3,571 |
| All other assets | $1,059,000 | 5,800 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $103,593,000 | 4,188 |
| Total liabilities | $96,246,000 | 4,065 |
| Total deposits | $87,895,000 | 4,149 |
| Interest-bearing deposits | $77,235,000 | 4,082 |
| Deposits held in domestic offices | $87,895,000 | 4,140 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $7,499,000 | 1,223 |
| Trading liabilities | $0 | 80 |
| Other borrowed funds | $318,000 | 4,294 |
| Subordinated debt | $0 | 260 |
| All other liabilities | $534,000 | 5,668 |
| Total equity capital | $7,347,000 | 5,536 |
| Total bank equity capital | $7,347,000 | 5,536 |
| Perpetual preferred stock | $0 | 223 |
| Common stock | $200,000 | 6,929 |
| Surplus | $800,000 | 7,960 |
| Undivided profits | $6,347,000 | 3,730 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $16,000 | 9,368 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,731 |
| Income earned, not collected on loans | $902,000 | 2,545 |
| Earning assets | $96,059,000 | 4,167 |
| Long-term assets (5+ years) | $4,232,000 | 6,374 |
| Average Assets, year-to-date | $95,437,600 | 4,333 |
| Average Assets, quarterly | $100,967,500 | 4,239 |
| Volatile liabilities | $18,335,000 | 3,211 |
| Insider loans | $644,000 | 4,716 |
| FHLB advances | $0 | 780 |
| Loans and leases held for sale | $0 | 1,579 |
| Unused loan commitments | $6,849,000 | 4,400 |
| Tier 1 (core) risk-based capital | $7,324,000 | 5,400 |
| Tier 2 risk-based capital | $931,060 | 3,137 |
| Total risk weighted assets | $74,471,660 | 3,631 |
| Total unused commitments | $6,849,000 | 4,402 |
| Derivatives | $0 | 533 |
| 1996-12-31 | Rank | |
| # of Employees: | 32 | 5,523 |
| Assets and Liabilities | ||
| Total Assets: | $85,800,000 | 5,021 |
| Cash and due from depository institutions | $3,075,000 | 5,523 |
| Interest-bearing balances | $0 | 6,640 |
| Securities | $14,450,000 | 6,575 |
| Federal funds sold & reverse repurchase agreements | $12,000 | 8,435 |
| Net loans & leases | $66,235,000 | 4,031 |
| Loan loss allowance | $802,000 | 4,210 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $1,112,000 | 5,645 |
| Other real estate owned | $0 | 5,523 |
| Goodwill and other intangibles | $0 | 3,437 |
| All other assets | $916,000 | 6,608 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $85,800,000 | 5,021 |
| Total liabilities | $79,026,000 | 4,917 |
| Total deposits | $76,651,000 | 4,813 |
| Interest-bearing deposits | $66,863,000 | 4,745 |
| Deposits held in domestic offices | $76,651,000 | 4,801 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $1,587,000 | 2,440 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $371,000 | 4,166 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $417,000 | 6,636 |
| Total equity capital | $6,774,000 | 5,945 |
| Total bank equity capital | $6,774,000 | 5,945 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $200,000 | 7,308 |
| Surplus | $800,000 | 8,251 |
| Undivided profits | $5,774,000 | 3,996 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $34,000 | 9,423 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $700,000 | 3,288 |
| Earning assets | $80,697,000 | 4,929 |
| Long-term assets (5+ years) | $8,940,000 | 4,471 |
| Average Assets, year-to-date | $82,364,800 | 5,019 |
| Average Assets, quarterly | $84,356,500 | 5,035 |
| Volatile liabilities | $9,811,000 | 4,942 |
| Insider loans | $696,000 | 4,607 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $0 | 1,560 |
| Unused loan commitments | $8,962,000 | 3,622 |
| Tier 1 (core) risk-based capital | $6,799,000 | 5,819 |
| Tier 2 risk-based capital | $771,840 | 3,759 |
| Total risk weighted assets | $61,717,340 | 4,278 |
| Total unused commitments | $8,962,000 | 3,637 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 33 | 5,554 |
| Assets and Liabilities | ||
| Total Assets: | $80,347,000 | 5,339 |
| Cash and due from depository institutions | $2,232,000 | 5,554 |
| Interest-bearing balances | $0 | 6,853 |
| Securities | $19,044,000 | 5,743 |
| Federal funds sold & reverse repurchase agreements | $0 | 9,298 |
| Net loans & leases | $57,136,000 | 4,490 |
| Loan loss allowance | $709,000 | 4,677 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $1,006,000 | 6,035 |
| Other real estate owned | $0 | 5,554 |
| Goodwill and other intangibles | $0 | 3,181 |
| All other assets | $929,000 | 6,689 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $80,347,000 | 5,339 |
| Total liabilities | $73,840,000 | 5,229 |
| Total deposits | $68,168,000 | 5,394 |
| Interest-bearing deposits | $58,545,000 | 5,399 |
| Deposits held in domestic offices | $68,168,000 | 5,384 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $4,975,000 | 1,531 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $408,000 | 3,581 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $289,000 | 8,429 |
| Total equity capital | $6,507,000 | 6,183 |
| Total bank equity capital | $6,507,000 | 6,183 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $200,000 | 7,680 |
| Surplus | $800,000 | 8,508 |
| Undivided profits | $5,507,000 | 4,210 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $104,000 | 8,191 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $671,000 | 3,523 |
| Earning assets | $76,180,000 | 5,200 |
| Long-term assets (5+ years) | $10,218,000 | 3,990 |
| Average Assets, year-to-date | $80,403,400 | 5,148 |
| Average Assets, quarterly | $79,844,500 | 5,303 |
| Volatile liabilities | $11,425,000 | 4,158 |
| Insider loans | $1,972,000 | 2,158 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $6,852,000 | 4,161 |
| Tier 1 (core) risk-based capital | $6,533,000 | 6,028 |
| Tier 2 risk-based capital | $679,300 | 4,133 |
| Total risk weighted assets | $54,314,400 | 4,705 |
| Total unused commitments | $6,852,000 | 4,174 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 33 | 5,756 |
| Assets and Liabilities | ||
| Total Assets: | $82,588,000 | 5,161 |
| Cash and due from depository institutions | $2,332,000 | 5,756 |
| Interest-bearing balances | $100,000 | 5,091 |
| Securities | $25,252,000 | 4,940 |
| Federal funds sold & reverse repurchase agreements | $2,485,000 | 3,277 |
| Net loans & leases | $50,226,000 | 4,907 |
| Loan loss allowance | $601,000 | 5,392 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $1,005,000 | 6,073 |
| Other real estate owned | $0 | 5,756 |
| Goodwill and other intangibles | $0 | 3,133 |
| All other assets | $1,288,000 | 5,568 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $82,588,000 | 5,161 |
| Total liabilities | $76,598,000 | 5,050 |
| Total deposits | $72,286,000 | 5,090 |
| Interest-bearing deposits | $63,491,000 | 4,984 |
| Deposits held in domestic offices | $72,286,000 | 5,082 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $3,596,000 | 2,105 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $450,000 | 3,837 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $266,000 | 7,838 |
| Total equity capital | $5,990,000 | 6,283 |
| Total bank equity capital | $5,990,000 | 6,283 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $200,000 | 8,122 |
| Surplus | $800,000 | 8,749 |
| Undivided profits | $4,990,000 | 4,208 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $19,000 | 10,608 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $580,000 | 3,603 |
| Earning assets | $78,063,000 | 5,033 |
| Long-term assets (5+ years) | $9,270,000 | 4,307 |
| Average Assets, year-to-date | $76,182,400 | 5,428 |
| Average Assets, quarterly | $82,386,500 | 5,143 |
| Volatile liabilities | $14,568,000 | 3,280 |
| Insider loans | $1,241,000 | 3,154 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $5,586,000 | 4,585 |
| Tier 1 (core) risk-based capital | $6,555,000 | 5,955 |
| Tier 2 risk-based capital | $601,000 | 4,529 |
| Total risk weighted assets | $49,973,700 | 4,945 |
| Total unused commitments | $5,586,000 | 4,593 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 30 | 6,405 |
| Assets and Liabilities | ||
| Total Assets: | $70,717,000 | 6,017 |
| Cash and due from depository institutions | $1,825,000 | 6,405 |
| Interest-bearing balances | $200,000 | 5,465 |
| Securities | $17,398,000 | 6,727 |
| Federal funds sold & reverse repurchase agreements | $1,730,000 | 6,260 |
| Net loans & leases | $48,151,000 | 4,948 |
| Loan loss allowance | $469,000 | 6,652 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $887,000 | 6,630 |
| Other real estate owned | $0 | 6,405 |
| Goodwill and other intangibles | $0 | 3,091 |
| All other assets | $726,000 | 7,619 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $70,717,000 | 6,017 |
| Total liabilities | $64,765,000 | 5,959 |
| Total deposits | $64,110,000 | 5,809 |
| Interest-bearing deposits | $55,567,000 | 5,804 |
| Deposits held in domestic offices | $64,110,000 | 5,799 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,944 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $490,000 | 3,404 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $165,000 | 10,010 |
| Total equity capital | $5,952,000 | 6,433 |
| Total bank equity capital | $5,952,000 | 6,433 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $200,000 | 8,542 |
| Surplus | $800,000 | 8,979 |
| Undivided profits | $4,952,000 | 4,377 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $100,000 | 9,231 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $512,000 | 3,612 |
| Earning assets | $67,479,000 | 5,812 |
| Long-term assets (5+ years) | $7,561,000 | 5,184 |
| Average Assets, year-to-date | $69,002,400 | 5,992 |
| Average Assets, quarterly | $69,978,000 | 6,006 |
| Volatile liabilities | $4,534,000 | 6,877 |
| Insider loans | $1,656,000 | 2,454 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $4,322,000 | 5,309 |
| Tier 1 (core) risk-based capital | $5,952,000 | 6,342 |
| Tier 2 risk-based capital | $469,000 | 5,558 |
| Total risk weighted assets | $46,647,400 | 5,216 |
| Total unused commitments | $4,322,000 | 5,330 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 30 | 6,539 |
| Assets and Liabilities | ||
| Total Assets: | $67,062,000 | 6,343 |
| Cash and due from depository institutions | $3,021,000 | 6,539 |
| Interest-bearing balances | $200,000 | 6,016 |
| Securities | $16,944,000 | 6,836 |
| Federal funds sold & reverse repurchase agreements | $2,720,000 | 5,374 |
| Net loans & leases | $42,631,000 | 5,471 |
| Loan loss allowance | $462,000 | 6,841 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $839,000 | 6,926 |
| Other real estate owned | $77,000 | 6,539 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $830,000 | 7,206 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $67,062,000 | 6,343 |
| Total liabilities | $61,180,000 | 6,322 |
| Total deposits | $60,953,000 | 6,166 |
| Interest-bearing deposits | $53,574,000 | 6,125 |
| Deposits held in domestic offices | $60,953,000 | 6,156 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,764 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,085 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $227,000 | 9,460 |
| Total equity capital | $5,882,000 | 6,260 |
| Total bank equity capital | $5,882,000 | 6,260 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $200,000 | 8,967 |
| Surplus | $800,000 | 9,103 |
| Undivided profits | $4,882,000 | 4,254 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $3,000 | 12,837 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $556,000 | 3,670 |
| Earning assets | $62,495,000 | 6,247 |
| Long-term assets (5+ years) | $794,000 | 10,576 |
| Average Assets, year-to-date | $66,923,000 | 6,222 |
| Average Assets, quarterly | $66,933,000 | 6,295 |
| Volatile liabilities | $4,238,000 | 7,197 |
| Insider loans | $584,000 | 1,538 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $4,143,000 | 5,153 |
| Tier 1 (core) risk-based capital | $5,882,000 | 6,178 |
| Tier 2 risk-based capital | $462,000 | 5,581 |
| Total risk weighted assets | $42,858,200 | 5,640 |
| Total unused commitments | $4,143,000 | 5,183 |
| Derivatives | $0 | 651 |