Call reports 2017
PROVIDENCE BANK & TRUST — 2017
What PROVIDENCE BANK & TRUST reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 548,135,000 | 548,979,000 | 543,587,000 | 565,391,000 |
| Total loans | 409,523,000 | 423,868,000 | 418,713,000 | 453,019,000 |
| Allowance for loan losses | 7,218,000 | 7,372,000 | 7,527,000 | 7,686,000 |
| Securities available for sale | 96,002,000 | 86,478,000 | 83,419,000 | 75,753,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 478,506,000 | 476,924,000 | 473,628,000 | 480,280,000 |
| Interest-bearing deposits | 363,732,000 | 367,083,000 | 365,658,000 | 363,569,000 |
| Noninterest-bearing deposits | 114,774,000 | 109,841,000 | 107,970,000 | 116,711,000 |
| Equity capital | 56,304,000 | 58,013,000 | 59,063,000 | 59,478,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,330,000 | 10,930,000 | 16,811,000 | 22,595,000 |
| Interest expense | 390,000 | 794,000 | 1,235,000 | 1,712,000 |
| Net interest income | 4,940,000 | 10,136,000 | 15,576,000 | 20,883,000 |
| Noninterest income | 759,000 | 1,928,000 | 2,973,000 | 4,009,000 |
| Noninterest expense | 4,315,000 | 8,849,000 | 13,473,000 | 17,792,000 |
| Provision for loan losses | 152,000 | 303,000 | 454,000 | 606,000 |
| Pretax income | 1,232,000 | 3,042,000 | 4,752,000 | 6,677,000 |
| Income tax | 401,000 | 1,032,000 | 1,629,000 | 2,713,000 |
| Net income | 831,000 | 2,010,000 | 3,123,000 | 3,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,180,000 | 56,410,000 | 57,574,000 | 58,465,000 |
| Total capital | 60,945,000 | 62,497,000 | 63,663,000 | 65,042,000 |
| Risk-weighted assets | 459,758,000 | 485,723,000 | 485,707,000 | 525,051,000 |