Call reports 2018
PROVIDENCE BANK — 2018
What PROVIDENCE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 957,208,000 | 949,058,000 | 960,607,000 | 1,021,040,000 |
| Total loans | 691,631,000 | 698,725,000 | 704,228,000 | 766,595,000 |
| Allowance for loan losses | 10,011,000 | 10,140,000 | 9,745,000 | 9,168,000 |
| Securities available for sale | 142,876,000 | 143,391,000 | 137,590,000 | 135,864,000 |
| Securities held to maturity | 11,132,000 | 11,078,000 | 14,280,000 | 14,228,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 791,590,000 | 773,698,000 | 770,671,000 | 808,378,000 |
| Interest-bearing deposits | 667,679,000 | 636,988,000 | 628,342,000 | 685,341,000 |
| Noninterest-bearing deposits | 123,911,000 | 136,710,000 | 142,329,000 | 123,037,000 |
| Equity capital | 145,650,000 | 146,826,000 | 147,683,000 | 151,017,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 9,804,000 | 19,887,000 | 30,209,000 | 41,329,000 |
| Interest expense | 1,664,000 | 3,460,000 | 5,432,000 | 8,152,000 |
| Net interest income | 8,140,000 | 16,427,000 | 24,777,000 | 33,177,000 |
| Noninterest income | 964,000 | 1,980,000 | 2,844,000 | 3,899,000 |
| Noninterest expense | 6,983,000 | 14,242,000 | 21,737,000 | 28,482,000 |
| Provision for loan losses | 225,000 | 440,000 | 343,000 | 1,828,000 |
| Pretax income | 1,896,000 | 3,725,000 | 5,541,000 | 6,766,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,896,000 | 3,725,000 | 5,541,000 | 6,766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 127,714,000 | 129,589,000 | 131,429,000 | 132,696,000 |
| Total capital | 137,735,000 | 139,669,000 | 141,618,000 | 142,639,000 |
| Risk-weighted assets | 800,897,000 | 805,568,000 | 814,808,000 | 877,777,000 |