Call reports 2013
PROVIDENCE BANK — 2013
What PROVIDENCE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 116,788,000 | 113,993,000 | 114,700,000 | 118,532,000 |
| Total loans | 60,857,000 | 56,066,000 | 57,845,000 | 64,118,000 |
| Allowance for loan losses | 1,005,000 | 1,020,000 | 1,027,000 | 1,031,000 |
| Securities available for sale | 5,414,000 | 4,640,000 | 4,631,000 | 4,371,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,878,000 | 96,345,000 | 96,939,000 | 100,643,000 |
| Interest-bearing deposits | 92,971,000 | 90,110,000 | 89,909,000 | 93,894,000 |
| Noninterest-bearing deposits | 5,907,000 | 6,235,000 | 7,030,000 | 6,749,000 |
| Equity capital | 10,570,000 | 10,260,000 | 10,266,000 | 10,486,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 641,000 | 1,366,000 | 2,101,000 | 2,891,000 |
| Interest expense | 209,000 | 426,000 | 634,000 | 845,000 |
| Net interest income | 432,000 | 940,000 | 1,467,000 | 2,046,000 |
| Noninterest income | 756,000 | 885,000 | 1,114,000 | 1,107,000 |
| Noninterest expense | 706,000 | 1,314,000 | 2,028,000 | 2,638,000 |
| Provision for loan losses | 17,000 | 17,000 | 17,000 | 17,000 |
| Pretax income | 465,000 | 634,000 | 676,000 | 638,000 |
| Income tax | 157,000 | 214,000 | 219,000 | -52,000 |
| Net income | 308,000 | 420,000 | 457,000 | 690,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,886,000 | 6,987,000 | 7,074,000 | 6,856,000 |
| Total capital | 7,891,000 | 8,007,000 | 8,101,000 | 7,887,000 |
| Risk-weighted assets | 95,538,000 | 97,608,000 | 99,194,000 | 98,314,000 |