Call reports 2006
PROVIDENCE BANK — 2006
What PROVIDENCE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 37,169,000 | 36,246,000 | 34,503,000 | 35,707,000 |
| Total loans | 22,100,000 | 21,217,000 | 20,615,000 | 20,762,000 |
| Allowance for loan losses | 213,000 | 216,000 | 219,000 | 221,000 |
| Securities available for sale | 9,974,000 | 9,482,000 | 9,495,000 | 9,582,000 |
| Securities held to maturity | 250,000 | 250,000 | 250,000 | 250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,207,000 | 31,363,000 | 29,422,000 | 30,749,000 |
| Interest-bearing deposits | 27,183,000 | 25,785,000 | 24,567,000 | 25,491,000 |
| Noninterest-bearing deposits | 5,024,000 | 5,579,000 | 4,854,000 | 5,258,000 |
| Equity capital | 4,817,000 | 4,762,000 | 4,951,000 | 4,819,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 526,000 | 1,065,000 | 1,600,000 | 2,118,000 |
| Interest expense | 191,000 | 384,000 | 581,000 | 785,000 |
| Net interest income | 335,000 | 681,000 | 1,019,000 | 1,333,000 |
| Noninterest income | 48,000 | 93,000 | 142,000 | 199,000 |
| Noninterest expense | 237,000 | 490,000 | 775,000 | 1,155,000 |
| Provision for loan losses | 3,000 | 5,000 | 8,000 | 10,000 |
| Pretax income | 143,000 | 279,000 | 378,000 | 320,000 |
| Income tax | 1,000 | 4,000 | 7,000 | 10,000 |
| Net income | 142,000 | 275,000 | 371,000 | 310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,002,000 | 5,036,000 | 5,052,000 | 4,911,000 |
| Total capital | 5,215,000 | 5,252,000 | 5,271,000 | 5,132,000 |
| Risk-weighted assets | 21,095,000 | 20,367,000 | 19,636,000 | 19,581,000 |