Call reports 2003
PROVIDENCE BANK — 2003
What PROVIDENCE 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 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 37,712,000 | 38,088,000 | 38,384,000 | 39,573,000 |
| Total loans | 17,288,000 | 17,325,000 | 17,254,000 | 17,267,000 |
| Allowance for loan losses | 196,000 | 198,000 | 194,000 | 191,000 |
| Securities available for sale | 16,164,000 | 16,828,000 | 16,787,000 | 18,619,000 |
| Securities held to maturity | 327,000 | 296,000 | 220,000 | 205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,500,000 | 32,995,000 | 33,314,000 | 34,478,000 |
| Interest-bearing deposits | 27,396,000 | 27,868,000 | 28,585,000 | 28,235,000 |
| Noninterest-bearing deposits | 5,104,000 | 5,128,000 | 4,729,000 | 6,243,000 |
| Equity capital | 4,806,000 | 4,685,000 | 4,671,000 | 4,779,000 |
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 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 461,000 | 880,000 | 1,283,000 | 1,740,000 |
| Interest expense | 150,000 | 291,000 | 427,000 | 556,000 |
| Net interest income | 311,000 | 589,000 | 856,000 | 1,184,000 |
| Noninterest income | 47,000 | 83,000 | 127,000 | 170,000 |
| Noninterest expense | 252,000 | 479,000 | 697,000 | 929,000 |
| Provision for loan losses | 2,000 | 4,000 | 6,000 | 8,000 |
| Pretax income | 104,000 | 189,000 | 280,000 | 417,000 |
| Income tax | 3,000 | 6,000 | 10,000 | 16,000 |
| Net income | 101,000 | 183,000 | 270,000 | 401,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,674,000 | 4,576,000 | 4,605,000 | 4,737,000 |
| Total capital | 4,870,000 | 4,774,000 | 4,799,000 | 4,928,000 |
| Risk-weighted assets | 19,971,000 | 19,530,000 | 19,209,000 | 19,384,000 |