Call reports 2016
PROVIDENCE BANK — 2016
What PROVIDENCE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 896,789,000 | 930,763,000 | 929,422,000 | 940,761,000 |
| Total loans | 621,824,000 | 664,035,000 | 672,336,000 | 694,198,000 |
| Allowance for loan losses | 10,115,000 | 10,261,000 | 10,046,000 | 10,432,000 |
| Securities available for sale | 156,117,000 | 147,160,000 | 140,974,000 | 134,988,000 |
| Securities held to maturity | 6,456,000 | 4,471,000 | 6,961,000 | 6,534,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 718,949,000 | 712,104,000 | 722,835,000 | 737,001,000 |
| Interest-bearing deposits | 547,077,000 | 549,019,000 | 561,173,000 | 590,345,000 |
| Noninterest-bearing deposits | 171,872,000 | 163,085,000 | 161,662,000 | 146,656,000 |
| Equity capital | 134,177,000 | 135,830,000 | 137,197,000 | 136,932,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 7,862,000 | 15,759,000 | 23,963,000 | 34,397,000 |
| Interest expense | 867,000 | 1,764,000 | 2,777,000 | 3,909,000 |
| Net interest income | 6,995,000 | 13,995,000 | 21,186,000 | 30,488,000 |
| Noninterest income | 817,000 | 1,778,000 | 3,785,000 | 4,871,000 |
| Noninterest expense | 6,688,000 | 13,694,000 | 21,379,000 | 28,066,000 |
| Provision for loan losses | 85,000 | 135,000 | 40,000 | 479,000 |
| Pretax income | 1,043,000 | 1,948,000 | 3,757,000 | 7,043,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,043,000 | 1,948,000 | 3,757,000 | 7,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 112,031,000 | 112,973,000 | 114,820,000 | 117,134,000 |
| Total capital | 121,050,000 | 122,343,000 | 124,274,000 | 127,030,000 |
| Risk-weighted assets | 719,700,000 | 747,900,000 | 754,985,000 | 790,337,000 |