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Call reports 2019

PROVIDENCE BANK — 2019

What PROVIDENCE BANK reported to the FFIEC in 2019, quarter by quarter.

PERIOD: 2019SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/fdcca770-7a4f-427c-b348-767f3b6da476/2019

Balance sheet

What the bank holds and owes at quarter end

Measure2019Q12019Q22019Q32019Q4
Total assets1,004,114,0001,038,394,0001,066,206,0001,070,090,000
Total loans747,801,000785,216,000813,817,000806,735,000
Allowance for loan losses9,002,0008,919,0008,981,0008,321,000
Securities available for sale137,632,000136,167,000131,440,000146,055,000
Securities held to maturity13,959,00013,266,00012,817,00012,243,000
Trading assets0000
Total deposits836,659,000826,161,000843,567,000800,011,000
Interest-bearing deposits717,236,000695,936,000690,892,000666,905,000
Noninterest-bearing deposits119,423,000130,225,000152,675,000133,106,000
Equity capital153,129,000156,487,000160,641,000162,397,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2019Q12019Q22019Q32019Q4
Interest income11,444,00023,019,00035,050,00047,203,000
Interest expense3,191,0006,585,0009,999,00013,198,000
Net interest income8,253,00016,434,00025,051,00034,005,000
Noninterest income918,0002,115,0004,389,0006,241,000
Noninterest expense7,180,00014,765,00021,838,00029,195,000
Provision for loan losses220,000438,000657,0002,125,000
Pretax income1,771,0003,415,0007,024,0009,005,000
Income tax0000
Net income1,771,0003,415,0007,024,0009,005,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2019Q12019Q22019Q32019Q4
Tier 1 capital133,506,000135,186,000138,831,000140,845,000
Total capital143,283,000144,880,000148,587,000149,941,000
Risk-weighted assets861,879,000891,882,000920,901,000945,051,000