Call reports 2021
PROVIDENT BANK — 2021
What PROVIDENT BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 13,125,069,000 | 13,211,325,000 | 13,386,675,000 | 13,775,421,000 |
| Total loans | 9,803,536,000 | 9,539,863,000 | 9,554,600,000 | 9,581,624,000 |
| Allowance for loan losses | 85,591,000 | 80,959,000 | 80,033,000 | 80,740,000 |
| Securities available for sale | 1,216,936,000 | 1,556,613,000 | 1,918,473,000 | 2,057,851,000 |
| Securities held to maturity | 447,979,000 | 437,777,000 | 427,081,000 | 436,189,000 |
| Trading assets | 76,808,000 | 81,459,000 | 76,222,000 | 65,903,000 |
| Total deposits | 10,347,194,000 | 10,642,061,000 | 10,888,634,000 | 11,280,950,000 |
| Interest-bearing deposits | 7,798,903,000 | 8,074,404,000 | 8,245,817,000 | 8,484,212,000 |
| Noninterest-bearing deposits | 2,548,291,000 | 2,567,657,000 | 2,642,817,000 | 2,796,738,000 |
| Equity capital | 1,589,922,000 | 1,620,733,000 | 1,620,529,000 | 1,631,553,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 100,530,000 | 201,076,000 | 300,672,000 | 402,339,000 |
| Interest expense | 10,483,000 | 20,073,000 | 28,392,000 | 36,150,000 |
| Net interest income | 90,047,000 | 181,003,000 | 272,280,000 | 366,189,000 |
| Noninterest income | 21,338,000 | 42,358,000 | 65,678,000 | 86,238,000 |
| Noninterest expense | 61,451,000 | 123,822,000 | 186,906,000 | 248,612,000 |
| Provision for loan losses | -15,001,000 | -25,700,000 | -24,700,000 | -24,300,000 |
| Pretax income | 65,133,000 | 125,476,000 | 176,046,000 | 228,409,000 |
| Income tax | 16,225,000 | 31,504,000 | 44,417,000 | 59,197,000 |
| Net income | 48,908,000 | 93,972,000 | 131,629,000 | 169,212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,126,120,000 | 1,156,061,000 | 1,161,620,000 | 1,174,495,000 |
| Total capital | 1,199,099,000 | 1,227,102,000 | 1,232,679,000 | 1,245,602,000 |
| Risk-weighted assets | 10,694,815,000 | 10,520,289,000 | 10,671,676,000 | 10,802,716,000 |