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Providence Bank

Alpharetta, GA · Cert 58189

FDIC · 1 branch

Q2 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2019, the quarter ended June 30, 2019, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Providence Bank

Alpharetta, GA · Cert 58189

FDIC · 1 branch

Q2 2019

$91.7MAssets
$61.8MLoans
$72.2MDeposits
$14.5MEquity
Loan mix
85%RE $40.9M13%C&I $6.0M2%Consumer $0.9MQ2 2018Q2 2019
Deposit mix
80%Interest-bearing $57.9M20%Noninterest $14.3MQ2 2018Q2 2019

NIM

3.44%Q2 ’174.61%Q2 ’184.65%Q2 ’19+40%-9%

Non-interest income vs. expense

2.65%Q2 ’173.21%Q2 ’183.46%Q2 ’19+40%-13%

Market Position · Atlanta-Sandy Springs-Alpharetta, GA · 2019 SOD (annual) · 0.0% share · #64 of 85 inst. · $0.1B of $177.3B

Executive Summary

  • Earnings: ROA of 0.15%, up 14 bps year over year; NIM at 3.70%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 12.59%, down 136 bps from a year ago.
  • Funding: loans stand at 85.57% of deposits as of Q2 2019.

Financial Results

Return on Assets (YTD, annualized)

0.15%+14 bps YoY

Net Interest Margin (YTD, annualized)

3.70%-35 bps YoY

Efficiency Ratio (YTD, annualized)

94.70%-351 bps YoY

Tier 1 Leverage Ratio

12.59%-136 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2018Q3 2018Q4 2018Q1 2019Q2 2019YoY ΔTrend
Earnings
Return on Assets0.00%-0.50%-0.19%0.21%0.15%+14 bps
Return on Equity0.02%-3.24%-1.23%1.34%0.92%+90 bps
Net Interest Margin4.05%4.07%3.81%3.64%3.70%-35 bps
Efficiency Ratio98.21%116.36%109.86%92.21%94.70%-351 bps
Non-Interest Burden3.87%4.42%3.95%3.23%3.36%-50 bps
Growth
Asset Growth (YoY)-15.60%-14.64%-6.40%0.97%7.64%+2,323 bps
Loan Growth (YoY)-9.59%-9.37%-7.90%-7.04%3.51%+1,310 bps
Deposit Growth (YoY)-22.36%-22.15%-8.93%0.03%13.99%+3,636 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.34%0.00%0.00%0 bps
Allowance / Loans1.61%1.65%1.32%1.30%1.24%-37 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio13.95%14.65%12.71%12.40%12.59%-136 bps
Total Risk-Based Capital18.61%19.03%17.56%17.40%16.60%-201 bps
Equity / Assets17.30%17.52%15.98%15.88%15.80%-150 bps
Liquidity & Funding
Loans / Deposits94.24%94.74%83.95%83.60%85.57%-867 bps
Liquid Assets / Assets10.05%11.24%17.48%16.53%11.99%+194 bps
CRE / Total Capitaln/an/an/an/an/an/an/a