Call reports 2014
PROVIDENCE BANK — 2014
What PROVIDENCE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 121,864,000 | 121,781,000 | 117,156,000 | 114,718,000 |
| Total loans | 67,388,000 | 66,675,000 | 63,989,000 | 66,780,000 |
| Allowance for loan losses | 1,036,000 | 1,036,000 | 1,036,000 | 1,036,000 |
| Securities available for sale | 4,246,000 | 4,212,000 | 4,130,000 | 4,110,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,864,000 | 103,690,000 | 98,926,000 | 96,113,000 |
| Interest-bearing deposits | 97,008,000 | 96,490,000 | 91,330,000 | 87,991,000 |
| Noninterest-bearing deposits | 6,856,000 | 7,200,000 | 7,596,000 | 8,121,000 |
| Equity capital | 10,609,000 | 10,659,000 | 10,738,000 | 11,237,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 831,000 | 1,688,000 | 2,540,000 | 3,444,000 |
| Interest expense | 212,000 | 432,000 | 647,000 | 860,000 |
| Net interest income | 619,000 | 1,256,000 | 1,893,000 | 2,584,000 |
| Noninterest income | 168,000 | 265,000 | 471,000 | 1,338,000 |
| Noninterest expense | 698,000 | 1,412,000 | 2,161,000 | 2,971,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 119,000 | 134,000 | 228,000 | 976,000 |
| Income tax | 39,000 | 45,000 | 78,000 | 361,000 |
| Net income | 80,000 | 89,000 | 150,000 | 615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,195,000 | 7,219,000 | 7,358,000 | 8,018,000 |
| Total capital | 8,231,000 | 8,255,000 | 8,394,000 | 9,054,000 |
| Risk-weighted assets | 102,674,000 | 97,485,000 | 99,239,000 | 101,644,000 |