Call reports 2009
PROVIDENCE BANK — 2009
What PROVIDENCE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 107,381,000 | 123,856,000 | 137,056,000 | 132,337,000 |
| Total loans | 86,806,000 | 91,245,000 | 106,066,000 | 110,349,000 |
| Allowance for loan losses | 1,102,000 | 1,187,000 | 1,386,000 | 1,550,000 |
| Securities available for sale | 3,967,000 | 3,778,000 | 3,606,000 | 3,402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,716,000 | 93,744,000 | 106,688,000 | 102,046,000 |
| Interest-bearing deposits | 66,132,000 | 85,342,000 | 97,849,000 | 93,697,000 |
| Noninterest-bearing deposits | 8,585,000 | 8,402,000 | 8,839,000 | 8,348,000 |
| Equity capital | 14,263,000 | 14,556,000 | 14,823,000 | 15,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,351,000 | 2,794,000 | 4,349,000 | 6,027,000 |
| Interest expense | 420,000 | 888,000 | 1,395,000 | 1,901,000 |
| Net interest income | 931,000 | 1,906,000 | 2,954,000 | 4,126,000 |
| Noninterest income | 75,000 | 129,000 | 206,000 | 202,000 |
| Noninterest expense | 666,000 | 1,309,000 | 2,015,000 | 2,802,000 |
| Provision for loan losses | 166,000 | 251,000 | 450,000 | 615,000 |
| Pretax income | 176,000 | 479,000 | 695,000 | 911,000 |
| Income tax | 1,000 | 2,000 | 2,000 | 2,000 |
| Net income | 175,000 | 477,000 | 693,000 | 909,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,626,000 | 9,945,000 | 10,179,000 | 10,414,000 |
| Total capital | 10,688,000 | 11,107,000 | 11,510,000 | 11,778,000 |
| Risk-weighted assets | 84,932,000 | 92,968,000 | 106,381,000 | 108,958,000 |