Call reports 2023
PROVIDENT BANK — 2023
What PROVIDENT BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 13,773,422,000 | 14,023,879,000 | 14,081,216,000 | 14,205,156,000 |
| Total loans | 10,224,214,000 | 10,530,531,000 | 10,667,612,000 | 10,873,701,000 |
| Allowance for loan losses | 92,758,000 | 102,073,000 | 107,563,000 | 107,200,000 |
| Securities available for sale | 1,821,564,000 | 1,749,890,000 | 1,656,305,000 | 1,690,111,000 |
| Securities held to maturity | 381,490,000 | 378,919,000 | 370,449,000 | 363,111,000 |
| Trading assets | 109,990,000 | 131,191,000 | 151,103,000 | 101,754,000 |
| Total deposits | 10,344,658,000 | 10,307,220,000 | 10,184,137,000 | 10,337,301,000 |
| Interest-bearing deposits | 7,818,381,000 | 7,913,469,000 | 7,962,539,000 | 8,098,707,000 |
| Noninterest-bearing deposits | 2,526,277,000 | 2,393,751,000 | 2,221,598,000 | 2,238,594,000 |
| Equity capital | 1,598,349,000 | 1,603,414,000 | 1,584,485,000 | 1,652,768,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 143,556,000 | 293,452,000 | 451,649,000 | 615,807,000 |
| Interest expense | 35,119,000 | 85,787,000 | 147,606,000 | 215,843,000 |
| Net interest income | 108,437,000 | 207,665,000 | 304,043,000 | 399,964,000 |
| Noninterest income | 22,090,000 | 41,390,000 | 60,705,000 | 79,557,000 |
| Noninterest expense | 68,747,000 | 132,709,000 | 199,458,000 | 273,328,000 |
| Provision for loan losses | 6,000,000 | 16,400,000 | 27,400,000 | 27,900,000 |
| Pretax income | 55,774,000 | 99,972,000 | 137,922,000 | 178,331,000 |
| Income tax | 14,207,000 | 25,836,000 | 34,678,000 | 47,134,000 |
| Net income | 41,567,000 | 74,136,000 | 103,244,000 | 131,197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,296,273,000 | 1,316,418,000 | 1,330,754,000 | 1,343,223,000 |
| Total capital | 1,382,338,000 | 1,411,146,000 | 1,432,513,000 | 1,443,256,000 |
| Risk-weighted assets | 11,466,916,000 | 11,755,424,000 | 11,961,231,000 | 12,077,002,000 |