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/FIRST ADD -- CL003 -- PROVIDENT BANCORP, INC. EARNINGS/

 Provident Bancorp, Inc. and Subsidiaries
 Consolidated Detail Schedule Of Other Income and Expense
 (unaudited)
 (In Thousands)
 Quarter Ended
 Dec. Sept. June Mar. Dec.
 1993 1993 1993 1993 1992
 OTHER INCOME:
 Service Charges on Dep. Acct 3,810 3,488 3,470 3,308 3,429
 Other Service Charges/Fees 2,377 2,656 2,559 2,358 2,344
 Gain on Sale of Loans 854 2,237 1,514 1,619 979
 Security Gains 4 930 - - 1,128
 Other 1,708 1,530 2,126 2,072 1,678
 Total Other Income $8,753 $10,841 $9,669 $9,357 $9,558
 OTHER EXPENSE:
 Compensation:
 Salaries $11,786 $12,001 $11,204 $11,185 $11,278
 Benefits 1,816 1,967 2,052 2,135 1,624
 Profit Sharing 909 969 902 743 995
 Charges and Fees 1,708 1,664 847 724 1,434
 Occupancy 1,684 1,883 1,626 1,625 1,709
 Equipment Expense 2,174 2,042 1,918 1,659 1,688
 Deposit Insurance 1,706 1,706 1,525 1,953 1,734
 Professional Services 1,341 1,284 1,349 1,143 1,377
 Merger Related Expenses - - - - 406
 Other 5,374 5,154 5,479 4,902 5,312
 Total Other Expense $28,498 $28,670 $26,902 $26,069 $27,557
 Provident Bancorp, Inc. and Subsidiaries
 Consolidated Detail Schedule Of Other Income and Expense
 (unaudited)
 (In Thousands) Twelve Months Ended Dec. 31
 1993 1992
 OTHER INCOME:
 Service Charges on Deposit Accounts $14,076 $12,715
 Other Service Charges and Fees 9,950 8,317
 Gain on Sale of Loans 6,224 8,166
 Security Gains 934 9,772
 Other 7,436 7,866
 Total Other Income $38,620 $46,836
 OTHER EXPENSE:
 Compensation:
 Salaries $46,176 $42,006
 Benefits 7,970 6,735
 Profit Sharing 3,523 3,329
 Charges and Fees 4,943 6,841
 Occupancy 6,818 6,964
 Equipment Expense 7,793 6,507
 Deposit Insurance 6,890 6,633
 Professional Services 5,117 4,995
 Merger Related Expenses - 1,460
 Other 20,909 19,664
 Total Other Expense $110,139 $105,134
 Provident Bancorp, Inc. and Subsidiaries
 Consolidated Balance Sheets
 (unaudited)
 (In Thousands)
 Dec. 31 Dec. 31
 1993 1992
 ASSETS
 Cash and Nonint. Bearing Depos $157,094 $159,165
 Federal Funds Sold 382,300 270,000
 Investment Securities
 (mv $703,232 and $552,045) 701,505 547,251
 Loans (Net of Unearned Income):
 Commercial and Financial 1,487,242 1,218,843
 Real Estate:
 Construction 149,167 139,966
 Mortgage 888,710 881,422
 Instalment 764,117 597,645
 Lease Financing 100,652 62,885
 Total Loans 3,389,888 2,900,761
 Reserve for Loan Losses (40,542) (35,144)
 Net Loans 3,349,346 2,865,617
 Premises and Equipment 42,384 43,927
 Other Assets 65,804 93,928
 4,698,433 3,979,888
 LIABILITIES AND SHAREHOLDERS' EQUITY
 Liabilities:
 Deposits:
 Noninterest Bearing 422,689 427,776
 Interest Bearing 2,808,938 2,702,278
 Total Deposits 3,231,627 3,130,054
 Short-Term Debt 790,356 453,477
 Long-Term Debt 275,527 38,643
 Accrued Int. and Other Liab. 65,031 61,249
 Total Liabilities 4,362,541 3,683,423
 Shareholders' Equity:
 Preferred Stock, 5,000,000 auth.
 Series A, 43,335 issued - 4,333
 Series B, 371,418 issued 37,000 37,000
 Common Stock, no par value
 $.67 stated value, 60,000,000 shares authorized,
 15,608,399 and 15,274,836 10,506 10,183
 Capital Surplus 107,525 100,101
 Retained Earnings 169,194 136,515
 Reserve for Ret. of Cap. Sec. 11,667 8,333
 Total Shareholders' Equity 335,892 296,465
 4,698,433 3,979,888
 Provident Bancorp, Inc. and Subsidiaries
 Consolidated Average Balances, Rates and Yields
 On a Fully Taxable Equivalent Basis
 (unaudited)
 (In Millions) Quarter Ended
 Dec. 31, 1993 Sept. 30, 1993
 Rate Rate
 Earned/ Earned/
 Balance Paid Balance Paid
 Assets:
 Loans (Net of Unearned Income):
 Commercial and Financial $1,447 7.55 % $1,392 7.51 %
 Real Estate and Construction 1,001 8.51 981 8.69
 Instalment 749 8.02 700 8.31
 Lease Financing 79 7.80 64 8.03
 Total Loans 3,276 7.96 3,137 8.07
 Reserve for Loan Losses (41) (40)
 Net Loans 3,235 8.06 3,097 8.17
 Investment Securities:
 Taxable 644 5.27 611 5.58
 Tax Exempt - 8.21 - 13.68
 Total Investment Securities 644 5.27 611 5.58
 Federal Funds Sold and
 Repurchase Agreements 40 3.19 72 3.09
 Total Earning Assets 3,919 7.55 3,780 7.66
 Cash and Nonint. Bearing Dep. 135 126
 Other Assets 104 112
 Total Assets $4,158 $4,018
 Liabilities and Shareholders' Equity:
 Deposits:
 Demand Deposits $262 2.13 $251 2.23
 Savings Deposits 801 2.40 827 2.69
 Time Deposits 1,616 4.48 1,513 4.62
 Total Deposits 2,679 3.63 2,591 3.77
 Short Term Debt:
 Federal Funds Purchased and
 Repurchase Agreements 459 3.09 481 3.11
 Commercial Paper 92 3.50 91 3.50
 Short Term Notes Payable 1 2.95 2 2.61
 Total Short Term Debt 552 3.16 574 3.17
 Long Term Debt 198 4.66 160 4.87
 Total Interest Bearing Liab. 3,429 3.61 3,325 3.72
 Nonint. Bearing Deposits 339 312
 Other Liabilities 62 63
 Shareholders Equity 328 318
 Total Liab. and Equity $4,158 $4,018
 Net Interest Spread 3.94% 3.94%
 Net Interest Margin 4.39% 4.39%
 Provident Bancorp, Inc. and Subsidiaries
 Consolidated Average Balances, Rates and Yields
 On a Fully Taxable Equivalent Basis
 (unaudited)
 (In Millions) Quarter Ended
 June 30, 1993
 Rate
 Earned/
 Balance Paid
 Assets:
 Loans (Net of Unearned Income):
 Commercial and Financial $1,354 7.51 %
 Real Estate and Construction 986 9.00
 Instalment 634 8.35
 Lease Financing 62 8.59
 Total Loans 3,036 8.19
 Reserve for Loan Losses (39)
 Net Loans 2,997 8.30
 Investment Securities:
 Taxable 543 5.96
 Tax Exempt - 8.30
 Total Investment Securities 543 5.96
 Federal Funds Sold and
 Repurchase Agreements 61 3.03
 Total Earning Assets 3,601 7.86
 Cash and Nonint. Bearing Dep. 127
 Other Assets 133
 Total Assets $3,861
 Liabilities and Shareholders' Equity:
 Deposits:
 Demand Deposits 246 2.28
 Savings Deposits 829 2.84
 Time Deposits 1,590 4.75
 Total Deposits 2,665 3.93
 Short Term Debt:
 Federal Funds Purchased and
 Repurchase Agreements 311 3.02
 Commercial Paper 87 3.57
 Short Term Notes Payable 2 2.94
 Total Short Term Debt 400 3.14
 Long Term Debt 115 5.48
 Total Interest Bearing Liab. 3,180 3.88
 Nonint. Bearing Deposits 309
 Other Liabilities 63
 Shareholders Equity 309
 Total Liab. and Equity $3,861
 Net Interest Spread 3.98%
 Net Interest Margin 4.43%
 -0- 1/13/94 AA CL003
 /PRNewswire -- Jan. 13/
 /SECOND AND FINAL ADD -- CONT. OF TABULAR MATERIAL -- TO FOLLOW/
 (PRBK)


CO: Provident Bancorp, Inc. ST: Ohio IN: FIN SU: ERN

KL -- CL003A -- 1644 01/13/94 07:39 EST
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Date:Jan 13, 1994
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