Call reports 2019
PROVIDENCE BANK — 2019
What PROVIDENCE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Total assets | 90,763,000 | 91,692,000 |
| Total loans | 58,714,000 | 61,754,000 |
| Allowance for loan losses | 766,000 | 766,000 |
| Securities available for sale | 2,566,000 | 2,528,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 70,231,000 | 72,168,000 |
| Interest-bearing deposits | 57,259,000 | 57,908,000 |
| Noninterest-bearing deposits | 12,972,000 | 14,260,000 |
| Equity capital | 14,417,000 | 14,486,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Interest income | 1,046,000 | 2,111,000 |
| Interest expense | 241,000 | 495,000 |
| Net interest income | 805,000 | 1,616,000 |
| Noninterest income | 17,000 | 43,000 |
| Noninterest expense | 758,000 | 1,571,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 64,000 | 88,000 |
| Income tax | 16,000 | 22,000 |
| Net income | 48,000 | 66,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 |
|---|---|---|
| Tier 1 capital | 10,952,000 | 11,010,000 |
| Total capital | 11,718,000 | 11,776,000 |
| Risk-weighted assets | 67,349,000 | 70,948,000 |