Call reports 2013
PROVIDENCE BANK — 2013
What PROVIDENCE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 199,761,000 | 204,432,000 | 213,425,000 | 217,906,000 |
| Total loans | 159,276,000 | 167,058,000 | 173,193,000 | 172,718,000 |
| Allowance for loan losses | 2,398,000 | 2,459,000 | 2,513,000 | 2,482,000 |
| Securities available for sale | 2,002,000 | 2,002,000 | 2,001,000 | 2,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 164,000 | 122,000 | 121,000 | 105,000 |
| Total deposits | 164,333,000 | 168,775,000 | 177,983,000 | 182,039,000 |
| Interest-bearing deposits | 151,117,000 | 156,744,000 | 162,072,000 | 161,800,000 |
| Noninterest-bearing deposits | 13,216,000 | 12,031,000 | 15,911,000 | 20,239,000 |
| Equity capital | 21,664,000 | 21,940,000 | 22,549,000 | 22,987,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,175,000 | 4,442,000 | 6,826,000 | 9,195,000 |
| Interest expense | 513,000 | 1,067,000 | 1,648,000 | 2,219,000 |
| Net interest income | 1,662,000 | 3,375,000 | 5,178,000 | 6,976,000 |
| Noninterest income | 105,000 | 213,000 | 502,000 | 584,000 |
| Noninterest expense | 1,040,000 | 2,100,000 | 3,157,000 | 4,198,000 |
| Provision for loan losses | 55,000 | 122,000 | 174,000 | 175,000 |
| Pretax income | 672,000 | 1,366,000 | 2,349,000 | 3,187,000 |
| Income tax | 242,000 | 490,000 | 770,000 | 1,075,000 |
| Net income | 430,000 | 876,000 | 1,579,000 | 2,112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,663,000 | 21,939,000 | 22,549,000 | 22,987,000 |
| Total capital | 23,508,000 | 23,877,000 | 24,531,000 | 24,971,000 |
| Risk-weighted assets | 147,014,000 | 154,533,000 | 158,057,000 | 158,245,000 |