Call reports 2022
PROVIDENCE BANK — 2022
What PROVIDENCE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 744,470,000 | 749,059,000 | 780,832,000 | 849,755,000 |
| Total loans | 556,957,000 | 584,269,000 | 617,268,000 | 687,707,000 |
| Allowance for loan losses | 5,702,000 | 5,891,000 | 6,015,000 | 6,142,000 |
| Securities available for sale | 88,648,000 | 100,000,000 | 102,564,000 | 100,338,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 613,553,000 | 612,882,000 | 621,999,000 | 676,618,000 |
| Interest-bearing deposits | 487,019,000 | 488,648,000 | 508,355,000 | 566,193,000 |
| Noninterest-bearing deposits | 126,534,000 | 124,234,000 | 113,644,000 | 110,425,000 |
| Equity capital | 82,009,000 | 85,434,000 | 87,125,000 | 93,940,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 7,324,000 | 15,206,000 | 24,382,000 | 35,379,000 |
| Interest expense | 1,080,000 | 2,147,000 | 3,541,000 | 6,174,000 |
| Net interest income | 6,244,000 | 13,059,000 | 20,841,000 | 29,205,000 |
| Noninterest income | 254,000 | 729,000 | 1,045,000 | 1,311,000 |
| Noninterest expense | 2,563,000 | 5,146,000 | 7,727,000 | 10,390,000 |
| Provision for loan losses | 160,000 | 348,000 | 395,000 | 530,000 |
| Pretax income | 3,775,000 | 8,294,000 | 13,766,000 | 19,601,000 |
| Income tax | 783,000 | 1,731,000 | 2,893,000 | 4,043,000 |
| Net income | 2,992,000 | 6,563,000 | 10,873,000 | 15,558,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,168,000 | 88,833,000 | 93,242,000 | 100,435,000 |
| Total capital | 87,870,000 | 94,724,000 | 99,257,000 | 106,577,000 |
| Risk-weighted assets | 634,938,000 | 671,093,000 | 719,985,000 | 784,763,000 |