Call reports 2022
PROVIDENCE BANK & TRUST — 2022
What PROVIDENCE BANK & TRUST reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,423,365,000 | 1,567,291,000 | 1,555,748,000 | 1,544,134,000 |
| Total loans | 754,937,000 | 992,818,000 | 1,040,638,000 | 1,050,191,000 |
| Allowance for loan losses | 17,542,000 | 18,064,000 | 18,345,000 | 18,600,000 |
| Securities available for sale | 393,366,000 | 414,680,000 | 398,952,000 | 385,851,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,270,092,000 | 1,391,624,000 | 1,379,512,000 | 1,313,643,000 |
| Interest-bearing deposits | 810,415,000 | 907,257,000 | 844,315,000 | 860,286,000 |
| Noninterest-bearing deposits | 459,677,000 | 484,367,000 | 535,197,000 | 453,357,000 |
| Equity capital | 134,563,000 | 140,360,000 | 140,760,000 | 137,078,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 12,263,000 | 26,366,000 | 43,001,000 | 59,784,000 |
| Interest expense | 425,000 | 1,108,000 | 2,459,000 | 5,253,000 |
| Net interest income | 11,838,000 | 25,258,000 | 40,542,000 | 54,531,000 |
| Noninterest income | 2,344,000 | 3,993,000 | 5,521,000 | 7,047,000 |
| Noninterest expense | 8,185,000 | 24,691,000 | 33,609,000 | 42,013,000 |
| Provision for loan losses | 246,000 | 492,000 | 738,000 | 984,000 |
| Pretax income | 5,751,000 | 4,068,000 | 11,716,000 | 18,425,000 |
| Income tax | 1,526,000 | 488,000 | 2,525,000 | 4,028,000 |
| Net income | 4,225,000 | 3,580,000 | 9,191,000 | 14,397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 139,527,000 | 148,315,000 | 154,355,000 | 148,516,000 |