Call reports 2017
PROVIDENCE BANK — 2017
What PROVIDENCE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 106,555,000 | 100,929,000 | 97,825,000 | 95,884,000 |
| Total loans | 68,048,000 | 65,991,000 | 64,546,000 | 63,204,000 |
| Allowance for loan losses | 1,098,000 | 960,000 | 962,000 | 962,000 |
| Securities available for sale | 1,316,000 | 1,299,000 | 1,250,000 | 1,194,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,740,000 | 81,548,000 | 79,320,000 | 76,130,000 |
| Interest-bearing deposits | 74,906,000 | 70,106,000 | 67,555,000 | 64,523,000 |
| Noninterest-bearing deposits | 11,835,000 | 11,443,000 | 11,765,000 | 11,607,000 |
| Equity capital | 11,500,000 | 11,293,000 | 11,328,000 | 12,590,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 882,000 | 1,767,000 | 2,668,000 | 3,544,000 |
| Interest expense | 159,000 | 331,000 | 499,000 | 659,000 |
| Net interest income | 723,000 | 1,436,000 | 2,169,000 | 2,885,000 |
| Noninterest income | 202,000 | -57,000 | -21,000 | -3,214,000 |
| Noninterest expense | 697,000 | 1,360,000 | 2,073,000 | 2,874,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 267,000 | 58,000 | 114,000 | -3,164,000 |
| Income tax | 31,000 | 47,000 | 68,000 | 514,000 |
| Net income | 236,000 | 11,000 | 46,000 | -3,678,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,755,000 | 7,558,000 | 7,618,000 | 9,898,000 |
| Total capital | 8,826,000 | 8,518,000 | 8,580,000 | 10,860,000 |
| Risk-weighted assets | 84,855,000 | 86,246,000 | 82,296,000 | 77,176,000 |