Call reports 2020
PROVIDENCE BANK — 2020
What PROVIDENCE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,101,967,000 | 1,183,567,000 | 1,192,618,000 | 1,114,150,000 |
| Total loans | 848,199,000 | 922,474,000 | 941,176,000 | 865,968,000 |
| Allowance for loan losses | 8,480,000 | 8,672,000 | 8,774,000 | 8,592,000 |
| Securities available for sale | 145,692,000 | 138,394,000 | 122,857,000 | 115,009,000 |
| Securities held to maturity | 12,035,000 | 11,668,000 | 10,613,000 | 9,431,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 832,712,000 | 908,625,000 | 935,496,000 | 895,811,000 |
| Interest-bearing deposits | 719,109,000 | 733,803,000 | 765,366,000 | 756,063,000 |
| Noninterest-bearing deposits | 113,603,000 | 174,822,000 | 170,130,000 | 139,748,000 |
| Equity capital | 166,917,000 | 169,026,000 | 170,013,000 | 173,077,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 11,582,000 | 23,258,000 | 34,271,000 | 44,938,000 |
| Interest expense | 3,055,000 | 5,480,000 | 7,456,000 | 9,198,000 |
| Net interest income | 8,527,000 | 17,778,000 | 26,815,000 | 35,740,000 |
| Noninterest income | 1,141,000 | 2,367,000 | 3,958,000 | 5,890,000 |
| Noninterest expense | 7,343,000 | 14,545,000 | 22,435,000 | 29,562,000 |
| Provision for loan losses | 597,000 | 1,551,000 | 1,879,000 | 2,139,000 |
| Pretax income | 1,728,000 | 4,049,000 | 6,729,000 | 10,199,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,728,000 | 4,049,000 | 6,729,000 | 10,199,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 141,605,000 | 143,955,000 | 145,662,000 | 149,156,000 |
| Total capital | 150,860,000 | 153,402,000 | 155,211,000 | 158,523,000 |
| Risk-weighted assets | 976,783,000 | 983,868,000 | 992,853,000 | 943,603,000 |