Call reports 2015
PROVIDENCE BANK & TRUST — 2015
What PROVIDENCE BANK & TRUST 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 | 496,263,000 | 491,119,000 | 496,647,000 | 500,983,000 |
| Total loans | 335,932,000 | 353,390,000 | 370,032,000 | 373,657,000 |
| Allowance for loan losses | 6,490,000 | 6,596,000 | 6,756,000 | 6,860,000 |
| Securities available for sale | 120,639,000 | 107,867,000 | 98,003,000 | 94,302,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 432,535,000 | 424,427,000 | 421,949,000 | 427,838,000 |
| Interest-bearing deposits | 339,421,000 | 333,433,000 | 329,338,000 | 327,907,000 |
| Noninterest-bearing deposits | 93,114,000 | 90,994,000 | 92,611,000 | 99,931,000 |
| Equity capital | 47,884,000 | 48,835,000 | 50,596,000 | 51,870,000 |
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 | 5,068,000 | 10,142,000 | 15,955,000 | 21,174,000 |
| Interest expense | 380,000 | 754,000 | 1,130,000 | 1,506,000 |
| Net interest income | 4,688,000 | 9,388,000 | 14,825,000 | 19,668,000 |
| Noninterest income | 857,000 | 1,520,000 | 2,239,000 | 2,908,000 |
| Noninterest expense | 3,530,000 | 7,127,000 | 10,606,000 | 14,261,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 1,865,000 | 3,625,000 | 6,183,000 | 7,890,000 |
| Income tax | 670,000 | 1,300,000 | 2,258,000 | 2,868,000 |
| Net income | 1,195,000 | 2,325,000 | 3,925,000 | 5,022,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,869,000 | 47,360,000 | 48,976,000 | 50,090,000 |
| Total capital | 50,764,000 | 52,381,000 | 54,227,000 | 55,159,000 |
| Risk-weighted assets | 390,038,000 | 400,176,000 | 418,653,000 | 403,766,000 |