Call reports 2003
PROVIDIAN BANK — 2003
What PROVIDIAN 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 |
|---|---|---|---|
| Total assets | 1,806,415,000 | 1,548,720,000 | 1,376,053,000 |
| Total loans | 917,454,000 | 694,133,000 | 29,056,000 |
| Allowance for loan losses | 169,969,000 | 4,027,000 | 5,942,000 |
| Securities available for sale | 932,591,000 | 746,142,000 | 457,492,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 1,420,877,000 | 1,356,068,000 | 1,197,771,000 |
| Interest-bearing deposits | 1,408,466,000 | 1,344,968,000 | 1,180,359,000 |
| Noninterest-bearing deposits | 12,411,000 | 11,100,000 | 17,412,000 |
| Equity capital | 177,915,000 | 172,345,000 | 164,937,000 |
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 |
|---|---|---|---|
| Interest income | 63,906,000 | 122,330,000 | 131,637,000 |
| Interest expense | 18,565,000 | 35,529,000 | 51,661,000 |
| Net interest income | 45,341,000 | 86,801,000 | 79,976,000 |
| Noninterest income | 8,774,000 | 15,849,000 | 22,901,000 |
| Noninterest expense | 12,860,000 | 25,562,000 | 32,865,000 |
| Provision for loan losses | 24,740,000 | 67,720,000 | 66,006,000 |
| Pretax income | 23,723,000 | 17,371,000 | 11,318,000 |
| Income tax | 9,371,000 | 9,682,000 | 4,471,000 |
| Net income | 14,352,000 | 7,689,000 | 6,847,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 |
|---|---|---|---|
| Tier 1 capital | 151,521,000 | 146,866,000 | 170,636,000 |
| Total capital | 163,463,000 | 150,893,000 | 176,578,000 |
| Risk-weighted assets | 797,336,000 | 725,776,000 | 516,893,000 |