Call reports 2018
PROVIDENCE BANK & TRUST — 2018
What PROVIDENCE BANK & TRUST reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 582,691,000 | 628,050,000 | 627,001,000 | 630,143,000 |
| Total loans | 456,352,000 | 500,101,000 | 506,393,000 | 526,208,000 |
| Allowance for loan losses | 7,787,000 | 8,223,000 | 8,381,000 | 8,487,000 |
| Securities available for sale | 71,966,000 | 70,034,000 | 66,903,000 | 69,101,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 506,563,000 | 549,796,000 | 552,658,000 | 551,078,000 |
| Interest-bearing deposits | 388,656,000 | 425,966,000 | 430,828,000 | 412,955,000 |
| Noninterest-bearing deposits | 117,907,000 | 123,830,000 | 121,830,000 | 138,123,000 |
| Equity capital | 60,034,000 | 61,308,000 | 62,776,000 | 65,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 6,053,000 | 12,464,000 | 19,404,000 | 26,735,000 |
| Interest expense | 680,000 | 1,600,000 | 2,774,000 | 4,042,000 |
| Net interest income | 5,373,000 | 10,864,000 | 16,630,000 | 22,693,000 |
| Noninterest income | 1,286,000 | 2,498,000 | 3,779,000 | 5,245,000 |
| Noninterest expense | 4,628,000 | 9,295,000 | 14,077,000 | 19,046,000 |
| Provision for loan losses | 156,000 | 628,000 | 784,000 | 940,000 |
| Pretax income | 1,875,000 | 3,439,000 | 5,548,000 | 7,952,000 |
| Income tax | 468,000 | 699,000 | 1,109,000 | 1,689,000 |
| Net income | 1,407,000 | 2,740,000 | 4,439,000 | 6,263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,619,000 | 61,104,000 | 62,866,000 | 64,753,000 |
| Total capital | 66,268,000 | 68,526,000 | 70,407,000 | 72,519,000 |
| Risk-weighted assets | 530,834,000 | 593,016,000 | 602,443,000 | 620,629,000 |