Call reports 2019
PROVIDENCE BANK — 2019
What PROVIDENCE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 465,940,000 | 472,429,000 | 482,908,000 | 479,353,000 |
| Total loans | 363,893,000 | 379,301,000 | 382,098,000 | 387,248,000 |
| Allowance for loan losses | 3,495,000 | 3,548,000 | 3,595,000 | 3,602,000 |
| Securities available for sale | 14,268,000 | 16,630,000 | 16,836,000 | 19,733,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 2,000 | 0 | 0 | 0 |
| Total deposits | 360,134,000 | 365,812,000 | 374,631,000 | 360,360,000 |
| Interest-bearing deposits | 308,607,000 | 310,850,000 | 314,104,000 | 301,442,000 |
| Noninterest-bearing deposits | 51,527,000 | 54,962,000 | 60,527,000 | 58,918,000 |
| Equity capital | 53,813,000 | 55,384,000 | 57,340,000 | 64,800,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 5,491,000 | 11,278,000 | 17,157,000 | 22,830,000 |
| Interest expense | 1,300,000 | 2,687,000 | 4,131,000 | 5,534,000 |
| Net interest income | 4,191,000 | 8,591,000 | 13,026,000 | 17,296,000 |
| Noninterest income | 240,000 | 447,000 | 648,000 | 847,000 |
| Noninterest expense | 2,095,000 | 4,216,000 | 6,276,000 | 8,281,000 |
| Provision for loan losses | 147,000 | 223,000 | 283,000 | 474,000 |
| Pretax income | 2,189,000 | 4,599,000 | 7,115,000 | 9,388,000 |
| Income tax | 477,000 | 1,000,000 | 1,557,000 | 2,018,000 |
| Net income | 1,712,000 | 3,599,000 | 5,558,000 | 7,370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,740,000 | 49,212,000 | 51,281,000 | 59,862,000 |
| Total capital | 51,235,000 | 52,760,000 | 54,876,000 | 63,464,000 |
| Risk-weighted assets | 385,076,000 | 390,953,000 | 399,485,000 | 409,072,000 |