Call reports 2001
PROVIDENCE BANK — 2001
What PROVIDENCE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 33,011,000 | 33,180,000 | 33,833,000 | 34,856,000 |
| Total loans | 16,562,000 | 17,808,000 | 17,138,000 | 16,867,000 |
| Allowance for loan losses | 162,000 | 168,000 | 175,000 | 180,000 |
| Securities available for sale | 10,816,000 | 9,496,000 | 9,442,000 | 10,374,000 |
| Securities held to maturity | 943,000 | 843,000 | 842,000 | 841,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,904,000 | 28,178,000 | 28,687,000 | 29,762,000 |
| Interest-bearing deposits | 24,353,000 | 24,546,000 | 24,642,000 | 24,921,000 |
| Noninterest-bearing deposits | 3,551,000 | 3,632,000 | 4,045,000 | 4,841,000 |
| Equity capital | 4,642,000 | 4,512,000 | 4,615,000 | 4,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 590,000 | 1,176,000 | 1,749,000 | 2,308,000 |
| Interest expense | 278,000 | 549,000 | 806,000 | 1,034,000 |
| Net interest income | 312,000 | 627,000 | 943,000 | 1,274,000 |
| Noninterest income | 39,000 | 80,000 | 122,000 | 161,000 |
| Noninterest expense | 236,000 | 478,000 | 723,000 | 958,000 |
| Provision for loan losses | 5,000 | 11,000 | 17,000 | 23,000 |
| Pretax income | 110,000 | 218,000 | 325,000 | 454,000 |
| Income tax | 6,000 | 12,000 | 17,000 | 24,000 |
| Net income | 104,000 | 206,000 | 308,000 | 430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,515,000 | 4,383,000 | 4,445,000 | 4,503,000 |
| Total capital | 4,677,000 | 4,551,000 | 4,620,000 | 4,683,000 |
| Risk-weighted assets | 17,237,000 | 18,034,000 | 17,787,000 | 18,902,000 |