Call reports 2020
PROVIDENCE BANK & TRUST — 2020
What PROVIDENCE BANK & TRUST reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,032,699,000 | 1,190,620,000 | 1,199,517,000 | 1,219,167,000 |
| Total loans | 763,758,000 | 884,111,000 | 856,750,000 | 846,231,000 |
| Allowance for loan losses | 11,310,000 | 12,820,000 | 13,763,000 | 15,849,000 |
| Securities available for sale | 139,306,000 | 151,035,000 | 163,179,000 | 247,658,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 887,442,000 | 1,031,495,000 | 1,039,756,000 | 1,055,014,000 |
| Interest-bearing deposits | 638,365,000 | 692,912,000 | 694,737,000 | 703,734,000 |
| Noninterest-bearing deposits | 249,077,000 | 338,583,000 | 345,019,000 | 351,280,000 |
| Equity capital | 127,681,000 | 134,880,000 | 135,134,000 | 138,595,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 11,519,000 | 25,398,000 | 35,918,000 | 47,937,000 |
| Interest expense | 1,399,000 | 2,371,000 | 3,195,000 | 3,777,000 |
| Net interest income | 10,120,000 | 23,027,000 | 32,723,000 | 44,160,000 |
| Noninterest income | 1,707,000 | 3,869,000 | 6,315,000 | 8,708,000 |
| Noninterest expense | 7,736,000 | 15,518,000 | 23,135,000 | 30,908,000 |
| Provision for loan losses | 306,000 | 1,662,000 | 2,628,000 | 4,310,000 |
| Pretax income | 3,785,000 | 9,716,000 | 13,275,000 | 17,650,000 |
| Income tax | 1,002,000 | 2,596,000 | 3,535,000 | 4,595,000 |
| Net income | 2,783,000 | 7,120,000 | 9,740,000 | 13,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 111,570,000 | 116,180,000 | 116,573,000 | 120,162,000 |
| Total capital | 121,934,000 | — | — | — |
| Risk-weighted assets | 828,195,000 | — | — | — |