Call reports 2011
PROVIDENCE BANK — 2011
What PROVIDENCE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 771,302,000 | 747,463,000 | 677,919,000 | 669,439,000 |
| Total loans | 409,140,000 | 383,786,000 | 362,393,000 | 354,284,000 |
| Allowance for loan losses | 3,952,000 | 3,917,000 | 3,649,000 | 7,613,000 |
| Securities available for sale | 71,956,000 | 83,971,000 | 101,025,000 | 123,330,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 656,715,000 | 632,767,000 | 564,855,000 | 564,176,000 |
| Interest-bearing deposits | 618,654,000 | 593,007,000 | 528,575,000 | 527,617,000 |
| Noninterest-bearing deposits | 38,061,000 | 39,760,000 | 36,280,000 | 36,559,000 |
| Equity capital | 101,780,000 | 101,721,000 | 101,002,000 | 93,423,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 12,686,000 | 21,176,000 | 29,239,000 | 35,661,000 |
| Interest expense | 1,369,000 | 2,720,000 | 3,983,000 | 5,275,000 |
| Net interest income | 11,317,000 | 18,456,000 | 25,256,000 | 30,386,000 |
| Noninterest income | 186,000 | 585,000 | 952,000 | 6,650,000 |
| Noninterest expense | 5,876,000 | 11,609,000 | 17,195,000 | 25,705,000 |
| Provision for loan losses | 3,401,000 | 5,265,000 | 7,760,000 | 17,597,000 |
| Pretax income | 2,226,000 | 2,167,000 | 1,253,000 | -6,266,000 |
| Income tax | 2,000 | 0 | 0 | 8,000 |
| Net income | 2,224,000 | 2,167,000 | 1,253,000 | -6,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,311,000 | 94,172,000 | 93,576,000 | 86,368,000 |
| Total capital | 97,996,000 | 97,838,000 | 97,100,000 | 89,953,000 |
| Risk-weighted assets | 294,319,000 | 292,605,000 | 281,340,000 | 282,306,000 |