Call reports 2002
PROVIDENCE BANK — 2002
What PROVIDENCE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 36,907,000 | 36,479,000 | 35,853,000 | 35,948,000 |
| Total loans | 16,527,000 | 17,325,000 | 17,418,000 | 17,629,000 |
| Allowance for loan losses | 187,000 | 189,000 | 193,000 | 194,000 |
| Securities available for sale | 13,185,000 | 14,415,000 | 14,989,000 | 14,602,000 |
| Securities held to maturity | 557,000 | 536,000 | 514,000 | 477,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,851,000 | 31,422,000 | 30,668,000 | 30,744,000 |
| Interest-bearing deposits | 26,853,000 | 26,854,000 | 26,407,000 | 26,397,000 |
| Noninterest-bearing deposits | 4,998,000 | 4,568,000 | 4,261,000 | 4,347,000 |
| Equity capital | 4,657,000 | 4,596,000 | 4,702,000 | 4,759,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 522,000 | 1,068,000 | 1,602,000 | 2,111,000 |
| Interest expense | 196,000 | 384,000 | 563,000 | 732,000 |
| Net interest income | 326,000 | 684,000 | 1,039,000 | 1,379,000 |
| Noninterest income | 35,000 | 76,000 | 124,000 | 167,000 |
| Noninterest expense | 238,000 | 484,000 | 726,000 | 970,000 |
| Provision for loan losses | 6,000 | 12,000 | 16,000 | 18,000 |
| Pretax income | 117,000 | 264,000 | 421,000 | 558,000 |
| Income tax | 5,000 | 10,000 | 17,000 | 24,000 |
| Net income | 112,000 | 254,000 | 404,000 | 534,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,575,000 | 4,448,000 | 4,553,000 | 4,618,000 |
| Total capital | 4,762,000 | 4,637,000 | 4,746,000 | 4,812,000 |
| Risk-weighted assets | 18,445,000 | 18,664,000 | 19,169,000 | 19,769,000 |