Call reports 2008

PROVIDENCE BANK — 2008

Name: PROVIDENCE BANK — FFIEC call report 2008
Creator: PROVIDENCE BANK

What PROVIDENCE BANK reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/ff4d6b4d-9121-40a7-81ec-05f637144262/2008

Balance sheet

What the bank holds and owes at quarter end

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Total assets	108,933,000	110,193,000	113,813,000	116,947,000
Total loans	94,055,000	96,045,000	96,401,000	96,486,000
Allowance for loan losses	1,300,000	2,220,000	2,221,000	2,640,000
Securities available for sale	8,902,000	8,344,000	8,107,000	8,014,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	80,883,000	82,821,000	86,252,000	89,899,000
Interest-bearing deposits	77,947,000	77,902,000	83,114,000	87,295,000
Noninterest-bearing deposits	2,936,000	4,919,000	3,138,000	2,604,000
Equity capital	15,137,000	14,375,000	15,632,000	14,200,000

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

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Interest income	1,761,000	3,113,000	4,610,000	5,723,000
Interest expense	1,025,000	1,935,000	2,840,000	3,740,000
Net interest income	736,000	1,178,000	1,770,000	1,983,000
Noninterest income	10,000	34,000	40,000	63,000
Noninterest expense	632,000	1,314,000	2,000,000	2,813,000
Provision for loan losses	191,000	1,111,000	2,577,000	4,469,000
Pretax income	26,000	-1,110,000	-2,664,000	-5,133,000
Income tax	-2,000	-415,000	-994,000	-1,928,000
Net income	28,000	-695,000	-1,670,000	-3,205,000

Basel measures — not reported for every quarter

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Tier 1 capital	15,020,000	14,323,000	15,422,000	12,906,000
Total capital	16,320,000	15,646,000	16,793,000	14,317,000
Risk-weighted assets	104,500,000	104,215,000	108,047,000	111,642,000