Call reports 2008
PROVIDENCE BANK OF TEXAS, SSB — 2008
What PROVIDENCE BANK OF TEXAS, SSB 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 | 20,349,000 | 41,337,000 | 53,227,000 | 66,322,000 |
| Total loans | 14,563,000 | 32,862,000 | 46,438,000 | 54,699,000 |
| Allowance for loan losses | 152,000 | 326,000 | 465,000 | 550,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,203,000 | 32,425,000 | 44,463,000 | 57,696,000 |
| Interest-bearing deposits | 10,433,000 | 31,261,000 | 42,900,000 | 56,030,000 |
| Noninterest-bearing deposits | 770,000 | 1,164,000 | 1,563,000 | 1,666,000 |
| Equity capital | 9,084,000 | 8,789,000 | 8,595,000 | 8,414,000 |
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 | 220,000 | 664,000 | 1,333,000 | 2,171,000 |
| Interest expense | 66,000 | 235,000 | 575,000 | 1,062,000 |
| Net interest income | 154,000 | 429,000 | 758,000 | 1,109,000 |
| Noninterest income | 1,000 | 4,000 | 59,000 | 67,000 |
| Noninterest expense | 376,000 | 792,000 | 1,249,000 | 1,721,000 |
| Provision for loan losses | 82,000 | 256,000 | 395,000 | 480,000 |
| Pretax income | -303,000 | -615,000 | -827,000 | -1,025,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -303,000 | -615,000 | -827,000 | -1,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,084,000 | 8,789,000 | 8,595,000 | 8,414,000 |
| Total capital | 9,236,000 | 9,115,000 | 9,060,000 | 8,962,000 |
| Risk-weighted assets | 18,049,000 | 37,798,000 | 49,945,000 | 57,925,000 |