Call reports 2016
PROVIDENCE BANK & TRUST — 2016
What PROVIDENCE BANK & TRUST reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 504,955,000 | 506,884,000 | 521,412,000 | 526,299,000 |
| Total loans | 376,300,000 | 378,945,000 | 386,670,000 | 390,896,000 |
| Allowance for loan losses | 7,037,000 | 7,047,000 | 7,051,000 | 6,976,000 |
| Securities available for sale | 87,312,000 | 87,999,000 | 87,967,000 | 95,382,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 429,613,000 | 435,024,000 | 446,074,000 | 460,152,000 |
| Interest-bearing deposits | 330,782,000 | 342,630,000 | 347,012,000 | 352,976,000 |
| Noninterest-bearing deposits | 98,831,000 | 92,394,000 | 99,062,000 | 107,176,000 |
| Equity capital | 53,060,000 | 54,571,000 | 55,615,000 | 55,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 5,749,000 | 11,041,000 | 16,343,000 | 22,021,000 |
| Interest expense | 371,000 | 744,000 | 1,134,000 | 1,525,000 |
| Net interest income | 5,378,000 | 10,297,000 | 15,209,000 | 20,496,000 |
| Noninterest income | 658,000 | 1,406,000 | 2,243,000 | 3,305,000 |
| Noninterest expense | 3,827,000 | 7,585,000 | 11,526,000 | 15,842,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,339,000 | 4,248,000 | 6,279,000 | 8,288,000 |
| Income tax | 842,000 | 1,517,000 | 2,237,000 | 2,940,000 |
| Net income | 1,497,000 | 2,731,000 | 4,042,000 | 5,348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,008,000 | 51,916,000 | 53,264,000 | 54,678,000 |
| Total capital | 56,463,000 | 57,421,000 | 58,867,000 | 60,407,000 |
| Risk-weighted assets | 434,856,000 | 438,935,000 | 446,857,000 | 457,122,000 |