Call reports 2014
WASHINGTON BUSINESS BANK — 2014
What WASHINGTON BUSINESS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 67,966,000 | 63,082,000 | 66,766,000 | 68,502,000 |
| Total loans | 57,992,000 | 55,276,000 | 56,958,000 | 57,660,000 |
| Allowance for loan losses | 804,000 | 803,000 | 787,000 | 787,000 |
| Securities available for sale | 2,231,000 | 2,246,000 | 2,232,000 | 2,251,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,281,000 | 50,082,000 | 53,455,000 | 55,033,000 |
| Interest-bearing deposits | 48,703,000 | 44,235,000 | 46,453,000 | 48,199,000 |
| Noninterest-bearing deposits | 6,578,000 | 5,847,000 | 7,002,000 | 6,834,000 |
| Equity capital | 7,597,000 | 7,871,000 | 8,085,000 | 8,252,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 882,000 | 1,788,000 | 2,665,000 | 3,548,000 |
| Interest expense | 78,000 | 154,000 | 230,000 | 315,000 |
| Net interest income | 804,000 | 1,634,000 | 2,435,000 | 3,233,000 |
| Noninterest income | 30,000 | 53,000 | 188,000 | 210,000 |
| Noninterest expense | 596,000 | 1,240,000 | 1,760,000 | 2,415,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 50,000 |
| Pretax income | 238,000 | 447,000 | 813,000 | 978,000 |
| Income tax | 81,000 | 52,000 | 177,000 | 233,000 |
| Net income | 157,000 | 395,000 | 636,000 | 745,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,759,000 | 7,932,000 | 8,155,000 | 8,293,000 |
| Total capital | 8,451,000 | 8,581,000 | 8,816,000 | 8,975,000 |
| Risk-weighted assets | 55,261,000 | 51,790,000 | 52,706,000 | 54,418,000 |