Call reports 2015
WASHINGTON BUSINESS BANK — 2015
What WASHINGTON BUSINESS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 65,340,000 | 67,003,000 | 67,694,000 | 68,834,000 |
| Total loans | 56,173,000 | 57,770,000 | 59,399,000 | 59,859,000 |
| Allowance for loan losses | 721,000 | 600,000 | 644,000 | 645,000 |
| Securities available for sale | 2,294,000 | 2,218,000 | 2,247,000 | 2,205,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,791,000 | 53,407,000 | 54,207,000 | 54,914,000 |
| Interest-bearing deposits | 43,803,000 | 45,076,000 | 45,051,000 | 45,898,000 |
| Noninterest-bearing deposits | 7,988,000 | 8,331,000 | 9,156,000 | 9,016,000 |
| Equity capital | 8,417,000 | 8,451,000 | 8,282,000 | 8,403,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 844,000 | 1,719,000 | 2,626,000 | 3,520,000 |
| Interest expense | 83,000 | 164,000 | 247,000 | 332,000 |
| Net interest income | 761,000 | 1,555,000 | 2,379,000 | 3,188,000 |
| Noninterest income | 28,000 | 58,000 | 83,000 | 107,000 |
| Noninterest expense | 636,000 | 1,293,000 | 1,938,000 | 2,500,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 153,000 | 320,000 | 524,000 | 795,000 |
| Income tax | 52,000 | 109,000 | 178,000 | 270,000 |
| Net income | 101,000 | 211,000 | 346,000 | 525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,419,000 | 8,492,000 | 8,293,000 | 8,432,000 |
| Total capital | 9,077,000 | 9,101,000 | 8,946,000 | 9,086,000 |
| Risk-weighted assets | 52,601,000 | 54,597,000 | 55,139,000 | 55,955,000 |