Call reports 2004
PROVIDENCE BANK — 2004
What PROVIDENCE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 38,987,000 | 38,541,000 | 38,338,000 | 39,913,000 |
| Total loans | 18,112,000 | 19,142,000 | 19,449,000 | 20,139,000 |
| Allowance for loan losses | 190,000 | 190,000 | 190,000 | 193,000 |
| Securities available for sale | 18,169,000 | 17,428,000 | 16,326,000 | 16,746,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,777,000 | 33,535,000 | 33,132,000 | 34,650,000 |
| Interest-bearing deposits | 28,485,000 | 28,840,000 | 28,223,000 | 29,451,000 |
| Noninterest-bearing deposits | 5,292,000 | 4,695,000 | 4,909,000 | 5,198,000 |
| Equity capital | 4,856,000 | 4,664,000 | 4,831,000 | 4,927,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 467,000 | 940,000 | 1,409,000 | 1,902,000 |
| Interest expense | 118,000 | 234,000 | 347,000 | 465,000 |
| Net interest income | 349,000 | 706,000 | 1,062,000 | 1,437,000 |
| Noninterest income | 46,000 | 135,000 | 181,000 | 228,000 |
| Noninterest expense | 267,000 | 531,000 | 800,000 | 1,070,000 |
| Provision for loan losses | 0 | 0 | 2,000 | 5,000 |
| Pretax income | 128,000 | 310,000 | 441,000 | 590,000 |
| Income tax | 6,000 | 14,000 | 19,000 | 28,000 |
| Net income | 122,000 | 296,000 | 422,000 | 562,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,771,000 | 4,810,000 | 4,856,000 | 5,000,000 |
| Total capital | 4,961,000 | 5,000,000 | 5,046,000 | 5,193,000 |
| Risk-weighted assets | 19,251,000 | 20,327,000 | 20,119,000 | 20,374,000 |