Call reports 2015
PROVIDENCE BANK — 2015
What PROVIDENCE BANK 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 | 231,907,000 | 236,091,000 | 243,934,000 | 254,770,000 |
| Total loans | 188,302,000 | 193,782,000 | 200,415,000 | 205,274,000 |
| Allowance for loan losses | 2,662,000 | 2,659,000 | 2,747,000 | 2,805,000 |
| Securities available for sale | 2,002,000 | 1,999,000 | 2,001,000 | 1,995,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 105,000 | 94,000 | 101,000 | 84,000 |
| Total deposits | 196,895,000 | 198,845,000 | 203,621,000 | 217,153,000 |
| Interest-bearing deposits | 179,301,000 | 180,368,000 | 183,023,000 | 196,637,000 |
| Noninterest-bearing deposits | 17,594,000 | 18,477,000 | 20,598,000 | 20,516,000 |
| Equity capital | 27,882,000 | 28,385,000 | 28,915,000 | 29,470,000 |
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 | 2,528,000 | 5,080,000 | 7,739,000 | 10,477,000 |
| Interest expense | 564,000 | 1,062,000 | 1,562,000 | 2,087,000 |
| Net interest income | 1,964,000 | 4,018,000 | 6,177,000 | 8,390,000 |
| Noninterest income | 95,000 | 200,000 | 368,000 | 436,000 |
| Noninterest expense | 1,242,000 | 2,462,000 | 3,683,000 | 5,008,000 |
| Provision for loan losses | 1,000 | 56,000 | 148,000 | 213,000 |
| Pretax income | 816,000 | 1,700,000 | 2,714,000 | 3,605,000 |
| Income tax | 282,000 | 587,000 | 964,000 | 1,276,000 |
| Net income | 534,000 | 1,113,000 | 1,750,000 | 2,329,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,879,000 | 28,386,000 | 28,915,000 | 29,473,000 |
| Total capital | 30,172,000 | 30,769,000 | 31,417,000 | 32,015,000 |
| Risk-weighted assets | 183,095,000 | 190,392,000 | 199,947,000 | 203,141,000 |