Call reports 2008
PROVIDENCE BANK — 2008
What PROVIDENCE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 80,512,000 | 91,367,000 | 102,222,000 | 112,423,000 |
| Total loans | 70,716,000 | 81,090,000 | 88,971,000 | 95,440,000 |
| Allowance for loan losses | 885,000 | 1,014,000 | 1,113,000 | 1,195,000 |
| Securities available for sale | 1,826,000 | 1,305,000 | 1,318,000 | 1,349,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,712,000 | 65,873,000 | 74,053,000 | 81,901,000 |
| Interest-bearing deposits | 57,938,000 | 62,006,000 | 70,242,000 | 76,876,000 |
| Noninterest-bearing deposits | 3,774,000 | 3,867,000 | 3,811,000 | 5,025,000 |
| Equity capital | 12,609,000 | 12,616,000 | 12,676,000 | 12,656,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,325,000 | 2,628,000 | 4,034,000 | 5,426,000 |
| Interest expense | 635,000 | 1,259,000 | 1,945,000 | 2,665,000 |
| Net interest income | 690,000 | 1,369,000 | 2,089,000 | 2,761,000 |
| Noninterest income | 31,000 | 68,000 | 91,000 | 104,000 |
| Noninterest expense | 661,000 | 1,265,000 | 1,899,000 | 2,582,000 |
| Provision for loan losses | 98,000 | 227,000 | 326,000 | 408,000 |
| Pretax income | -38,000 | -55,000 | -45,000 | -125,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -38,000 | -55,000 | -45,000 | -125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,604,000 | 12,629,000 | 12,680,000 | 12,641,000 |
| Total capital | 13,489,000 | 13,643,000 | 13,793,000 | 13,836,000 |
| Risk-weighted assets | 75,963,000 | 86,521,000 | 95,530,000 | 100,890,000 |
Machine access — free, no API key
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