Call reports 2010
PROVIDENCE BANK — 2010
What PROVIDENCE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 135,213,000 | 150,278,000 | 169,528,000 | 815,892,000 |
| Total loans | 109,507,000 | 115,545,000 | 125,929,000 | 403,829,000 |
| Allowance for loan losses | 1,675,000 | 1,848,000 | 1,988,000 | 3,687,000 |
| Securities available for sale | 3,749,000 | 3,521,000 | 5,726,000 | 87,546,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,512,000 | 124,054,000 | 142,924,000 | 685,961,000 |
| Interest-bearing deposits | 100,764,000 | 112,605,000 | 132,477,000 | 648,449,000 |
| Noninterest-bearing deposits | 8,748,000 | 11,449,000 | 10,447,000 | 37,512,000 |
| Equity capital | 15,359,000 | 15,738,000 | 16,156,000 | 99,427,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,651,000 | 3,414,000 | 5,275,000 | 12,913,000 |
| Interest expense | 477,000 | 982,000 | 1,530,000 | 3,067,000 |
| Net interest income | 1,174,000 | 2,432,000 | 3,745,000 | 9,846,000 |
| Noninterest income | 55,000 | 132,000 | 218,000 | 9,460,000 |
| Noninterest expense | 745,000 | 1,525,000 | 2,390,000 | 7,381,000 |
| Provision for loan losses | 125,000 | 300,000 | 439,000 | 2,229,000 |
| Pretax income | 359,000 | 739,000 | 1,134,000 | 9,696,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 359,000 | 739,000 | 1,134,000 | 9,696,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,792,000 | 11,190,000 | 11,604,000 | 91,783,000 |
| Total capital | 12,171,000 | 12,672,000 | 13,184,000 | 95,487,000 |
| Risk-weighted assets | 110,058,000 | 118,200,000 | 125,970,000 | 296,117,000 |