Call reports 2016
WASHINGTON BUSINESS BANK — 2016
What WASHINGTON BUSINESS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 63,396,000 | 65,208,000 | 68,669,000 | 68,171,000 |
| Total loans | 54,485,000 | 55,645,000 | 58,380,000 | 60,145,000 |
| Allowance for loan losses | 625,000 | 600,000 | 608,000 | 608,000 |
| Securities available for sale | 2,231,000 | 227,000 | 209,000 | 195,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,551,000 | 51,312,000 | 54,609,000 | 53,901,000 |
| Interest-bearing deposits | 38,713,000 | 41,987,000 | 43,982,000 | 44,502,000 |
| Noninterest-bearing deposits | 10,838,000 | 9,325,000 | 10,627,000 | 9,399,000 |
| Equity capital | 8,380,000 | 8,384,000 | 8,463,000 | 8,567,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 836,000 | 1,602,000 | 2,418,000 | 3,260,000 |
| Interest expense | 87,000 | 167,000 | 260,000 | 352,000 |
| Net interest income | 749,000 | 1,435,000 | 2,158,000 | 2,908,000 |
| Noninterest income | 29,000 | 61,000 | 92,000 | 118,000 |
| Noninterest expense | 608,000 | 1,193,000 | 1,760,000 | 2,340,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 170,000 | 303,000 | 490,000 | 686,000 |
| Income tax | 58,000 | 103,000 | 167,000 | 233,000 |
| Net income | 112,000 | 200,000 | 323,000 | 453,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,382,000 | 8,379,000 | 8,459,000 | 8,564,000 |
| Total capital | 9,014,000 | 8,988,000 | 9,076,000 | 9,181,000 |
| Risk-weighted assets | 50,572,000 | 52,218,000 | 55,741,000 | 56,092,000 |