Call reports 2018
PROVIDENCE BANK — 2018
What PROVIDENCE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 89,895,000 | 85,187,000 | 83,504,000 | 89,751,000 |
| Total loans | 63,161,000 | 59,662,000 | 58,499,000 | 58,208,000 |
| Allowance for loan losses | 962,000 | 963,000 | 963,000 | 766,000 |
| Securities available for sale | 1,122,000 | 1,093,000 | 1,077,000 | 1,076,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,213,000 | 63,310,000 | 61,748,000 | 69,333,000 |
| Interest-bearing deposits | 58,982,000 | 51,652,000 | 48,720,000 | 58,089,000 |
| Noninterest-bearing deposits | 11,232,000 | 11,657,000 | 13,028,000 | 11,244,000 |
| Equity capital | 12,577,000 | 14,740,000 | 14,626,000 | 14,340,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,148,000 | 2,049,000 | 2,949,000 | 3,942,000 |
| Interest expense | 152,000 | 306,000 | 470,000 | 687,000 |
| Net interest income | 996,000 | 1,743,000 | 2,479,000 | 3,255,000 |
| Noninterest income | -270,000 | -292,000 | -627,000 | -627,000 |
| Noninterest expense | 763,000 | 1,425,000 | 2,155,000 | 2,887,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -37,000 | 26,000 | -303,000 | -259,000 |
| Income tax | 10,000 | 25,000 | 28,000 | -89,000 |
| Net income | -47,000 | 1,000 | -331,000 | -170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,830,000 | 12,011,000 | 11,900,000 | 10,865,000 |
| Total capital | 10,743,000 | 12,877,000 | 12,738,000 | 11,631,000 |
| Risk-weighted assets | 72,960,000 | 69,183,000 | 66,946,000 | 66,228,000 |