Call reports 2015
PROVIDENCE BANK — 2015
What PROVIDENCE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 114,609,000 | 113,988,000 | 112,507,000 | 108,853,000 |
| Total loans | 68,522,000 | 66,251,000 | 66,666,000 | 70,574,000 |
| Allowance for loan losses | 1,036,000 | 1,063,000 | 1,066,000 | 1,069,000 |
| Securities available for sale | 4,143,000 | 3,981,000 | 3,974,000 | 3,866,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,888,000 | 95,209,000 | 93,968,000 | 90,240,000 |
| Interest-bearing deposits | 88,022,000 | 86,679,000 | 84,858,000 | 81,889,000 |
| Noninterest-bearing deposits | 7,866,000 | 8,529,000 | 9,110,000 | 8,351,000 |
| Equity capital | 11,337,000 | 11,333,000 | 11,102,000 | 11,300,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 858,000 | 1,717,000 | 2,614,000 | 3,545,000 |
| Interest expense | 205,000 | 410,000 | 613,000 | 802,000 |
| Net interest income | 653,000 | 1,307,000 | 2,001,000 | 2,743,000 |
| Noninterest income | 153,000 | 315,000 | 107,000 | 213,000 |
| Noninterest expense | 730,000 | 1,456,000 | 2,188,000 | 2,871,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 76,000 | 166,000 | -80,000 | 85,000 |
| Income tax | 32,000 | 66,000 | 90,000 | 81,000 |
| Net income | 44,000 | 100,000 | -170,000 | 4,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,437,000 | 7,461,000 | 7,318,000 | 7,464,000 |
| Total capital | 8,473,000 | 8,524,000 | 8,384,000 | 8,533,000 |
| Risk-weighted assets | 100,321,000 | 97,115,000 | 93,209,000 | 93,610,000 |