Call reports 2017
WASHINGTON BUSINESS BANK — 2017
What WASHINGTON BUSINESS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 69,547,000 | 70,575,000 | 71,903,000 | 78,156,000 |
| Total loans | 59,087,000 | 60,589,000 | 62,453,000 | 68,300,000 |
| Allowance for loan losses | 484,000 | 484,000 | 490,000 | 506,000 |
| Securities available for sale | 184,000 | 172,000 | 163,000 | 149,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,643,000 | 56,797,000 | 58,024,000 | 64,199,000 |
| Interest-bearing deposits | 44,678,000 | 45,170,000 | 47,513,000 | 52,372,000 |
| Noninterest-bearing deposits | 10,965,000 | 11,627,000 | 10,511,000 | 11,827,000 |
| Equity capital | 8,706,000 | 8,600,000 | 8,677,000 | 8,714,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 867,000 | 1,750,000 | 2,666,000 | 3,620,000 |
| Interest expense | 104,000 | 215,000 | 342,000 | 490,000 |
| Net interest income | 763,000 | 1,535,000 | 2,324,000 | 3,130,000 |
| Noninterest income | 33,000 | 71,000 | 100,000 | 127,000 |
| Noninterest expense | 596,000 | 1,194,000 | 1,809,000 | 2,539,000 |
| Provision for loan losses | 0 | 0 | 0 | 16,000 |
| Pretax income | 200,000 | 412,000 | 615,000 | 702,000 |
| Income tax | 68,000 | 140,000 | 209,000 | 256,000 |
| Net income | 132,000 | 272,000 | 406,000 | 446,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,703,000 | 8,597,000 | 8,674,000 | 8,712,000 |
| Total capital | 9,196,000 | 9,090,000 | 9,173,000 | 9,227,000 |
| Risk-weighted assets | 55,559,000 | 57,496,000 | 58,113,000 | 63,028,000 |