Call reports 2008
PROVIDENT COMMUNITY BANK, NATIONAL ASSOCIATION — 2008
What PROVIDENT COMMUNITY BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 407,709,000 | 405,172,000 | 406,154,000 | 434,230,000 |
| Total loans | 278,040,000 | 280,351,000 | 283,860,000 | 285,574,000 |
| Allowance for loan losses | 3,464,000 | 3,773,000 | 4,186,000 | 6,778,000 |
| Securities available for sale | 92,580,000 | 86,158,000 | 87,655,000 | 100,418,000 |
| Securities held to maturity | 3,123,000 | 2,430,000 | 2,430,000 | 2,430,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,948,000 | 273,599,000 | 274,354,000 | 308,429,000 |
| Interest-bearing deposits | 258,102,000 | 252,845,000 | 254,766,000 | 288,831,000 |
| Noninterest-bearing deposits | 18,846,000 | 20,754,000 | 19,588,000 | 19,598,000 |
| Equity capital | 38,860,000 | 37,937,000 | 38,180,000 | 34,848,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,182,000 | 11,891,000 | 17,434,000 | 22,818,000 |
| Interest expense | 3,464,000 | 6,525,000 | 9,492,000 | 12,486,000 |
| Net interest income | 2,718,000 | 5,366,000 | 7,942,000 | 10,332,000 |
| Noninterest income | 725,000 | 1,461,000 | 2,253,000 | 2,947,000 |
| Noninterest expense | 2,458,000 | 4,946,000 | 7,336,000 | 9,750,000 |
| Provision for loan losses | 310,000 | 675,000 | 1,290,000 | 4,210,000 |
| Pretax income | 787,000 | 1,384,000 | 1,965,000 | -183,000 |
| Income tax | 134,000 | 217,000 | 298,000 | -595,000 |
| Net income | 653,000 | 1,167,000 | 1,667,000 | 412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,589,000 | 35,397,000 | 36,000,000 | 33,698,000 |
| Total capital | 39,053,000 | 39,170,000 | 39,865,000 | 37,634,000 |
| Risk-weighted assets | 310,753,000 | 310,087,000 | 308,894,000 | 312,008,000 |