Call reports 2003
PROVIDENT BANK — 2003
What PROVIDENT BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 3,812,875,000 | 3,944,616,000 | 3,982,547,000 | 4,117,052,000 |
| Total loans | 1,993,550,000 | 2,028,101,000 | 2,113,697,000 | 2,237,367,000 |
| Allowance for loan losses | 21,016,000 | 21,517,000 | 21,288,000 | 20,631,000 |
| Securities available for sale | 1,043,552,000 | 1,053,449,000 | 1,077,392,000 | 1,052,031,000 |
| Securities held to maturity | 461,007,000 | 544,552,000 | 502,349,000 | 517,788,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,644,028,000 | 2,682,490,000 | 2,700,842,000 | 2,712,393,000 |
| Interest-bearing deposits | 2,614,915,000 | 2,659,111,000 | 2,682,520,000 | 2,697,894,000 |
| Noninterest-bearing deposits | 29,113,000 | 23,379,000 | 18,322,000 | 14,499,000 |
| Equity capital | 607,412,000 | 575,625,000 | 565,993,000 | 564,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 47,151,000 | 95,146,000 | 142,020,000 | 189,104,000 |
| Interest expense | 14,919,000 | 28,982,000 | 43,276,000 | 56,612,000 |
| Net interest income | 32,232,000 | 66,164,000 | 98,744,000 | 132,492,000 |
| Noninterest income | 5,481,000 | 10,594,000 | 16,682,000 | 20,196,000 |
| Noninterest expense | 23,423,000 | 47,896,000 | 71,937,000 | 95,822,000 |
| Provision for loan losses | 600,000 | 900,000 | 1,060,000 | 1,160,000 |
| Pretax income | 13,298,000 | 25,850,000 | 36,738,000 | 48,778,000 |
| Income tax | 4,255,000 | 8,272,000 | 7,198,000 | 6,935,000 |
| Net income | 9,043,000 | 17,578,000 | 29,540,000 | 41,843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 573,380,000 | 544,728,000 | 534,447,000 | 538,683,000 |
| Total capital | 594,477,000 | 566,421,000 | 555,855,000 | 559,464,000 |
| Risk-weighted assets | 2,353,356,000 | 2,461,612,000 | 2,561,964,000 | 2,475,617,000 |