Call reports 2021
PROVIDENCE BANK — 2021
What PROVIDENCE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 618,259,000 | 626,729,000 | 674,348,000 | 702,032,000 |
| Total loans | 495,880,000 | 501,669,000 | 521,734,000 | 550,660,000 |
| Allowance for loan losses | 4,949,000 | 5,026,000 | 5,242,000 | 5,541,000 |
| Securities available for sale | 41,487,000 | 55,086,000 | 59,975,000 | 83,922,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 487,096,000 | 498,336,000 | 543,739,000 | 575,454,000 |
| Interest-bearing deposits | 397,222,000 | 413,556,000 | 448,650,000 | 465,627,000 |
| Noninterest-bearing deposits | 89,874,000 | 84,780,000 | 95,089,000 | 109,827,000 |
| Equity capital | 73,585,000 | 75,210,000 | 78,035,000 | 80,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,349,000 | 12,841,000 | 19,705,000 | 26,901,000 |
| Interest expense | 1,148,000 | 2,301,000 | 3,440,000 | 4,607,000 |
| Net interest income | 5,201,000 | 10,540,000 | 16,265,000 | 22,294,000 |
| Noninterest income | 321,000 | 694,000 | 976,000 | 1,247,000 |
| Noninterest expense | 2,209,000 | 4,464,000 | 6,817,000 | 9,196,000 |
| Provision for loan losses | 356,000 | 442,000 | 672,000 | 969,000 |
| Pretax income | 2,974,000 | 6,345,000 | 9,769,000 | 13,393,000 |
| Income tax | 626,000 | 1,341,000 | 2,063,000 | 2,786,000 |
| Net income | 2,348,000 | 5,004,000 | 7,706,000 | 10,607,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,456,000 | 70,895,000 | 73,680,000 | 76,093,000 |
| Total capital | 74,405,000 | 75,921,000 | 78,922,000 | 81,634,000 |
| Risk-weighted assets | 526,082,000 | 536,680,000 | 565,170,000 | 606,315,000 |