Call reports 2017
PROVIDENCE BANK — 2017
What PROVIDENCE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 916,509,000 | 966,130,000 | 976,450,000 | 967,200,000 |
| Total loans | 664,017,000 | 694,648,000 | 716,753,000 | 713,118,000 |
| Allowance for loan losses | 10,337,000 | 9,980,000 | 9,737,000 | 9,856,000 |
| Securities available for sale | 142,296,000 | 157,940,000 | 149,521,000 | 143,470,000 |
| Securities held to maturity | 7,901,000 | 9,306,000 | 9,259,000 | 11,186,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 728,213,000 | 759,871,000 | 780,181,000 | 752,569,000 |
| Interest-bearing deposits | 598,081,000 | 622,042,000 | 637,905,000 | 630,997,000 |
| Noninterest-bearing deposits | 130,132,000 | 137,829,000 | 142,276,000 | 121,572,000 |
| Equity capital | 141,617,000 | 143,479,000 | 144,791,000 | 146,402,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 11,625,000 | 20,714,000 | 30,425,000 | 40,484,000 |
| Interest expense | 1,180,000 | 2,533,000 | 4,084,000 | 5,704,000 |
| Net interest income | 10,445,000 | 18,181,000 | 26,341,000 | 34,780,000 |
| Noninterest income | 1,094,000 | 2,243,000 | 1,888,000 | 3,165,000 |
| Noninterest expense | 7,259,000 | 14,342,000 | 20,859,000 | 27,936,000 |
| Provision for loan losses | 0 | 182,000 | 317,000 | 285,000 |
| Pretax income | 4,280,000 | 5,900,000 | 7,053,000 | 9,724,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,280,000 | 5,900,000 | 7,053,000 | 9,724,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 121,305,000 | 122,967,000 | 124,174,000 | 126,886,000 |
| Total capital | 130,824,000 | 132,908,000 | 134,316,000 | 137,039,000 |
| Risk-weighted assets | 759,913,000 | 794,503,000 | 811,028,000 | 811,770,000 |