Call reports 2016
PROVIDENCE BANK — 2016
What PROVIDENCE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 110,251,000 | 108,440,000 | 109,653,000 | 105,558,000 |
| Total loans | 71,596,000 | 70,799,000 | 66,933,000 | 67,025,000 |
| Allowance for loan losses | 1,073,000 | 1,082,000 | 1,084,000 | 1,088,000 |
| Securities available for sale | 3,863,000 | 2,599,000 | 2,575,000 | 2,448,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,486,000 | 87,571,000 | 88,685,000 | 85,999,000 |
| Interest-bearing deposits | 79,815,000 | 78,495,000 | 78,457,000 | 75,260,000 |
| Noninterest-bearing deposits | 9,672,000 | 9,076,000 | 10,227,000 | 10,739,000 |
| Equity capital | 11,460,000 | 11,552,000 | 11,600,000 | 11,277,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 919,000 | 1,856,000 | 2,806,000 | 3,706,000 |
| Interest expense | 180,000 | 356,000 | 536,000 | 712,000 |
| Net interest income | 739,000 | 1,500,000 | 2,270,000 | 2,994,000 |
| Noninterest income | 106,000 | 204,000 | 223,000 | -311,000 |
| Noninterest expense | 698,000 | 1,405,000 | 2,122,000 | 2,800,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 147,000 | 327,000 | 399,000 | -89,000 |
| Income tax | 56,000 | 125,000 | 157,000 | -44,000 |
| Net income | 91,000 | 202,000 | 242,000 | -45,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,727,000 | 7,908,000 | 7,948,000 | 7,517,000 |
| Total capital | 8,800,000 | 8,990,000 | 9,032,000 | 8,605,000 |
| Risk-weighted assets | 94,573,000 | 91,139,000 | 89,916,000 | 88,750,000 |