Call reports 2019
PROVIDENCE BANK & TRUST — 2019
What PROVIDENCE BANK & TRUST reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,070,580,000 | 1,041,527,000 | 1,035,130,000 | 1,020,305,000 |
| Total loans | 837,728,000 | 819,795,000 | 772,270,000 | 759,282,000 |
| Allowance for loan losses | 10,062,000 | 10,727,000 | 11,104,000 | 10,943,000 |
| Securities available for sale | 69,999,000 | 85,506,000 | 112,672,000 | 129,617,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 932,085,000 | 899,339,000 | 886,326,000 | 872,471,000 |
| Interest-bearing deposits | 685,481,000 | 658,654,000 | 647,925,000 | 633,611,000 |
| Noninterest-bearing deposits | 246,604,000 | 240,685,000 | 238,401,000 | 238,860,000 |
| Equity capital | 118,158,000 | 122,420,000 | 127,933,000 | 133,104,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 12,087,000 | 25,016,000 | 39,680,000 | 52,192,000 |
| Interest expense | 1,573,000 | 3,308,000 | 4,997,000 | 6,570,000 |
| Net interest income | 10,514,000 | 21,708,000 | 34,683,000 | 45,622,000 |
| Noninterest income | 22,834,000 | 24,359,000 | 27,730,000 | 30,220,000 |
| Noninterest expense | 15,144,000 | 24,223,000 | 33,663,000 | 39,924,000 |
| Provision for loan losses | 281,000 | 617,000 | 953,000 | 1,289,000 |
| Pretax income | 17,923,000 | 21,227,000 | 27,797,000 | 34,629,000 |
| Income tax | 0 | 0 | 1,332,000 | 2,908,000 |
| Net income | 17,923,000 | 21,227,000 | 26,465,000 | 31,721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,716,000 | 106,410,000 | 111,962,000 | 116,372,000 |
| Total capital | 112,778,000 | 117,137,000 | 122,165,000 | 126,744,000 |
| Risk-weighted assets | 952,249,000 | 930,545,000 | 815,415,000 | 829,232,000 |