Call reports 2014
PROVIDENCE BANK — 2014
What PROVIDENCE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 676,825,000 | 682,157,000 | 679,891,000 | 681,940,000 |
| Total loans | 414,761,000 | 428,231,000 | 436,650,000 | 444,237,000 |
| Allowance for loan losses | 11,059,000 | 10,666,000 | 9,698,000 | 8,731,000 |
| Securities available for sale | 149,866,000 | 162,124,000 | 150,857,000 | 151,476,000 |
| Securities held to maturity | 0 | 0 | 3,925,000 | 3,909,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 578,041,000 | 582,652,000 | 580,635,000 | 576,092,000 |
| Interest-bearing deposits | 456,105,000 | 457,430,000 | 456,267,000 | 439,939,000 |
| Noninterest-bearing deposits | 121,936,000 | 125,222,000 | 124,368,000 | 136,153,000 |
| Equity capital | 80,982,000 | 81,370,000 | 80,175,000 | 81,429,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 11,926,000 | 17,880,000 | 24,180,000 | 30,237,000 |
| Interest expense | 769,000 | 1,528,000 | 2,257,000 | 2,978,000 |
| Net interest income | 11,157,000 | 16,352,000 | 21,923,000 | 27,259,000 |
| Noninterest income | 598,000 | 1,341,000 | 2,118,000 | 2,922,000 |
| Noninterest expense | 9,243,000 | 15,605,000 | 22,361,000 | 27,226,000 |
| Provision for loan losses | 1,047,000 | 1,573,000 | 1,824,000 | 2,716,000 |
| Pretax income | 1,465,000 | 515,000 | -144,000 | 239,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,465,000 | 515,000 | -144,000 | 239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,711,000 | 77,761,000 | 77,103,000 | 77,485,000 |
| Total capital | 83,991,000 | 83,241,000 | 82,619,000 | 83,141,000 |
| Risk-weighted assets | 416,446,000 | 432,999,000 | 436,795,000 | 449,103,000 |