Call reports 2013
WASHINGTON BUSINESS BANK — 2013
What WASHINGTON BUSINESS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 61,624,000 | 62,498,000 | 60,924,000 | 65,709,000 |
| Total loans | 52,511,000 | 53,000,000 | 53,163,000 | 55,119,000 |
| Allowance for loan losses | 772,000 | 778,000 | 783,000 | 786,000 |
| Securities available for sale | 2,809,000 | 2,640,000 | 2,554,000 | 2,222,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,473,000 | 50,310,000 | 48,735,000 | 52,696,000 |
| Interest-bearing deposits | 43,237,000 | 44,403,000 | 42,020,000 | 45,902,000 |
| Noninterest-bearing deposits | 6,236,000 | 5,907,000 | 6,715,000 | 6,794,000 |
| Equity capital | 7,263,000 | 7,277,000 | 7,261,000 | 7,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 865,000 | 1,717,000 | 2,571,000 | 3,409,000 |
| Interest expense | 100,000 | 198,000 | 287,000 | 367,000 |
| Net interest income | 765,000 | 1,519,000 | 2,284,000 | 3,042,000 |
| Noninterest income | 22,000 | 54,000 | 69,000 | 91,000 |
| Noninterest expense | 593,000 | 1,179,000 | 1,840,000 | 2,396,000 |
| Provision for loan losses | 50,000 | 80,000 | 80,000 | 80,000 |
| Pretax income | 144,000 | 314,000 | 433,000 | 658,000 |
| Income tax | 49,000 | 107,000 | 147,000 | 223,000 |
| Net income | 95,000 | 207,000 | 286,000 | 435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,056,000 | 7,255,000 | 7,322,000 | 7,544,000 |
| Total capital | 7,721,000 | 7,941,000 | 7,974,000 | 8,212,000 |
| Risk-weighted assets | 53,017,000 | 54,795,000 | 53,222,000 | 53,277,000 |