Call reports 2005
PROVIDENCE BANK — 2005
What PROVIDENCE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 38,640,000 | 38,419,000 | 38,962,000 | 37,304,000 |
| Total loans | 21,431,000 | 22,517,000 | 22,937,000 | 23,045,000 |
| Allowance for loan losses | 198,000 | 202,000 | 206,000 | 209,000 |
| Securities available for sale | 14,917,000 | 13,562,000 | 12,223,000 | 10,347,000 |
| Securities held to maturity | 0 | 0 | 0 | 250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,442,000 | 32,857,000 | 33,870,000 | 32,481,000 |
| Interest-bearing deposits | 28,277,000 | 27,590,000 | 28,210,000 | 26,684,000 |
| Noninterest-bearing deposits | 5,165,000 | 5,267,000 | 5,660,000 | 5,797,000 |
| Equity capital | 4,846,000 | 4,873,000 | 4,653,000 | 4,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 486,000 | 990,000 | 1,497,000 | 2,026,000 |
| Interest expense | 125,000 | 260,000 | 421,000 | 581,000 |
| Net interest income | 361,000 | 730,000 | 1,076,000 | 1,445,000 |
| Noninterest income | 38,000 | 97,000 | 154,000 | 217,000 |
| Noninterest expense | 287,000 | 576,000 | 851,000 | 1,196,000 |
| Provision for loan losses | 5,000 | 11,000 | 15,000 | 17,000 |
| Pretax income | 107,000 | 240,000 | 364,000 | 449,000 |
| Income tax | 5,000 | 12,000 | 17,000 | -34,000 |
| Net income | 102,000 | 228,000 | 347,000 | 483,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,028,000 | 4,934,000 | 4,806,000 | 4,942,000 |
| Total capital | 5,226,000 | 5,136,000 | 5,012,000 | 5,151,000 |
| Risk-weighted assets | 20,768,000 | 21,200,000 | 22,523,000 | 21,744,000 |