Call reports 2002
PROVIDENT BANK — 2002
What PROVIDENT BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 2,968,164,000 | 3,066,277,000 | 3,162,258,000 | 3,919,208,000 |
| Total loans | 1,956,034,000 | 1,941,687,000 | 1,993,400,000 | 2,052,855,000 |
| Allowance for loan losses | 21,682,000 | 21,958,000 | 21,345,000 | 20,986,000 |
| Securities available for sale | 616,270,000 | 728,509,000 | 780,341,000 | 1,242,118,000 |
| Securities held to maturity | 132,410,000 | 130,537,000 | 130,844,000 | 306,622,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,465,846,000 | 2,537,454,000 | 2,600,948,000 | 3,252,916,000 |
| Interest-bearing deposits | 2,375,523,000 | 2,491,336,000 | 2,579,615,000 | 2,684,107,000 |
| Noninterest-bearing deposits | 90,323,000 | 46,118,000 | 21,333,000 | 568,809,000 |
| Equity capital | 295,768,000 | 310,640,000 | 319,932,000 | 326,082,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 43,694,000 | 88,272,000 | 133,300,000 | 177,376,000 |
| Interest expense | 16,252,000 | 32,093,000 | 48,132,000 | 63,241,000 |
| Net interest income | 27,442,000 | 56,179,000 | 85,168,000 | 114,135,000 |
| Noninterest income | 4,764,000 | 10,983,000 | 16,733,000 | 23,189,000 |
| Noninterest expense | 21,761,000 | 45,145,000 | 66,138,000 | 89,606,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 12,250,000 | 12,800,000 |
| Pretax income | 10,826,000 | 21,812,000 | 24,480,000 | 35,807,000 |
| Income tax | 3,381,000 | 6,786,000 | 5,803,000 | 9,231,000 |
| Net income | 7,445,000 | 15,026,000 | 18,677,000 | 26,576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 271,255,000 | 279,621,000 | 282,792,000 | 291,294,000 |
| Total capital | 292,987,000 | 301,757,000 | 304,224,000 | 312,459,000 |
| Risk-weighted assets | 2,085,834,000 | 2,040,619,000 | 2,098,585,000 | 2,344,973,000 |