Call reports 2015
PROVIDENCE BANK — 2015
What PROVIDENCE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 684,128,000 | 733,505,000 | 913,676,000 | 909,892,000 |
| Total loans | 445,157,000 | 453,299,000 | 618,057,000 | 636,092,000 |
| Allowance for loan losses | 8,531,000 | 8,614,000 | 8,915,000 | 10,187,000 |
| Securities available for sale | 150,483,000 | 142,782,000 | 172,824,000 | 164,145,000 |
| Securities held to maturity | 5,216,000 | 5,189,000 | 5,166,000 | 6,486,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 582,855,000 | 632,739,000 | 762,265,000 | 722,564,000 |
| Interest-bearing deposits | 437,045,000 | 437,849,000 | 585,822,000 | 548,595,000 |
| Noninterest-bearing deposits | 145,810,000 | 194,890,000 | 176,443,000 | 173,969,000 |
| Equity capital | 82,889,000 | 82,041,000 | 131,039,000 | 131,095,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 7,348,000 | 13,264,000 | 21,386,000 | 30,066,000 |
| Interest expense | 694,000 | 1,390,000 | 2,182,000 | 2,954,000 |
| Net interest income | 6,654,000 | 11,874,000 | 19,204,000 | 27,112,000 |
| Noninterest income | 859,000 | 2,286,000 | 3,153,000 | 5,060,000 |
| Noninterest expense | 6,850,000 | 12,858,000 | 19,033,000 | 25,885,000 |
| Provision for loan losses | 144,000 | 520,000 | 1,194,000 | 2,399,000 |
| Pretax income | 519,000 | 782,000 | 2,130,000 | 3,888,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 519,000 | 782,000 | 2,130,000 | 3,888,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,010,000 | 78,273,000 | 109,374,000 | 111,159,000 |
| Total capital | 84,045,000 | 84,557,000 | 117,901,000 | 120,413,000 |
| Risk-weighted assets | 479,967,000 | 499,956,000 | 681,140,000 | 738,684,000 |