Call reports 2012
WASHINGTON BUSINESS BANK — 2012
What WASHINGTON BUSINESS BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 65,797,000 | 64,253,000 | 63,460,000 | 63,632,000 |
| Total loans | 54,323,000 | 53,694,000 | 53,820,000 | 54,904,000 |
| Allowance for loan losses | 988,000 | 969,000 | 1,000,000 | 800,000 |
| Securities available for sale | 3,650,000 | 4,987,000 | 2,932,000 | 2,870,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,685,000 | 51,854,000 | 51,455,000 | 51,584,000 |
| Interest-bearing deposits | 46,747,000 | 46,478,000 | 45,465,000 | 45,297,000 |
| Noninterest-bearing deposits | 5,938,000 | 5,376,000 | 5,990,000 | 6,287,000 |
| Equity capital | 6,959,000 | 7,058,000 | 7,121,000 | 7,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 895,000 | 1,773,000 | 2,661,000 | 3,536,000 |
| Interest expense | 133,000 | 258,000 | 374,000 | 483,000 |
| Net interest income | 762,000 | 1,515,000 | 2,287,000 | 3,053,000 |
| Noninterest income | -23,000 | -3,000 | 5,000 | -45,000 |
| Noninterest expense | 589,000 | 1,213,000 | 1,887,000 | 2,550,000 |
| Provision for loan losses | 0 | 30,000 | 61,000 | 101,000 |
| Pretax income | 150,000 | 269,000 | 344,000 | 357,000 |
| Income tax | 51,000 | 89,000 | 120,000 | 122,000 |
| Net income | 99,000 | 180,000 | 224,000 | 235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,561,000 | 6,705,000 | 6,801,000 | 6,938,000 |
| Total capital | 7,271,000 | 7,403,000 | 7,500,000 | 7,639,000 |
| Risk-weighted assets | 56,529,000 | 55,566,000 | 55,611,000 | 55,935,000 |