Call reports 2008
PROVIDENT MUNICIPAL BANK — 2008
What PROVIDENT MUNICIPAL BANK 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 | 295,175,000 | 278,120,000 | 495,886,000 | 377,484,000 |
| Total loans | 0 | 10,000 | 118,000 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 151,837,000 | 153,399,000 | 151,004,000 | 156,606,000 |
| Securities held to maturity | 736,000 | 736,000 | 670,000 | 1,606,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,298,000 | 208,289,000 | 460,820,000 | 335,186,000 |
| Interest-bearing deposits | 197,311,000 | 192,080,000 | 338,773,000 | 319,782,000 |
| Noninterest-bearing deposits | 5,987,000 | 16,209,000 | 122,047,000 | 15,404,000 |
| Equity capital | 35,920,000 | 34,574,000 | 33,167,000 | 39,337,000 |
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 | 2,959,000 | 5,307,000 | 7,668,000 | 11,634,000 |
| Interest expense | 1,422,000 | 2,739,000 | 3,791,000 | 5,172,000 |
| Net interest income | 1,537,000 | 2,568,000 | 3,877,000 | 6,462,000 |
| Noninterest income | 373,000 | 324,000 | 327,000 | 328,000 |
| Noninterest expense | 602,000 | 725,000 | 978,000 | 1,358,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,308,000 | 2,189,000 | 3,248,000 | 5,454,000 |
| Income tax | 356,000 | 829,000 | 961,000 | 895,000 |
| Net income | 952,000 | 1,360,000 | 2,287,000 | 4,559,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,092,000 | 35,500,000 | 36,427,000 | 38,699,000 |
| Total capital | 35,092,000 | 35,500,000 | 36,427,000 | 38,699,000 |
| Risk-weighted assets | 58,768,000 | 55,956,000 | 102,159,000 | 75,347,000 |