Call reports 2013
PROVIDENCE BANK — 2013
What PROVIDENCE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 658,119,000 | 661,416,000 | 668,658,000 | 654,483,000 |
| Total loans | 375,995,000 | 362,657,000 | 360,672,000 | 402,738,000 |
| Allowance for loan losses | 11,794,000 | 10,240,000 | 10,526,000 | 10,033,000 |
| Securities available for sale | 147,533,000 | 142,080,000 | 144,747,000 | 147,939,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 552,662,000 | 563,435,000 | 571,096,000 | 558,076,000 |
| Interest-bearing deposits | 465,276,000 | 457,558,000 | 459,738,000 | 452,474,000 |
| Noninterest-bearing deposits | 87,386,000 | 105,877,000 | 111,358,000 | 105,602,000 |
| Equity capital | 83,468,000 | 80,591,000 | 79,654,000 | 78,792,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 9,335,000 | 17,973,000 | 25,449,000 | 32,238,000 |
| Interest expense | 883,000 | 1,671,000 | 2,440,000 | 3,215,000 |
| Net interest income | 8,452,000 | 16,302,000 | 23,009,000 | 29,023,000 |
| Noninterest income | 414,000 | 903,000 | 1,640,000 | 2,755,000 |
| Noninterest expense | 9,008,000 | 15,923,000 | 23,236,000 | 31,015,000 |
| Provision for loan losses | 637,000 | 2,262,000 | 3,326,000 | 2,981,000 |
| Pretax income | -779,000 | -980,000 | -1,913,000 | -2,218,000 |
| Income tax | 3,000 | 0 | 0 | 0 |
| Net income | -782,000 | -980,000 | -1,913,000 | -2,218,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,921,000 | 77,791,000 | 77,149,000 | 77,239,000 |
| Total capital | 82,352,000 | 82,127,000 | 81,630,000 | 82,281,000 |
| Risk-weighted assets | 346,762,000 | 340,667,000 | 352,003,000 | 398,103,000 |