Call reports 2018
WASHINGTON BUSINESS BANK — 2018
What WASHINGTON BUSINESS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 81,099,000 | 83,390,000 | 84,867,000 | 87,064,000 |
| Total loans | 70,528,000 | 73,889,000 | 72,781,000 | 76,053,000 |
| Allowance for loan losses | 531,000 | 551,000 | 581,000 | 611,000 |
| Securities available for sale | 134,000 | 109,000 | 92,000 | 87,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,919,000 | 69,175,000 | 70,436,000 | 72,356,000 |
| Interest-bearing deposits | 56,255,000 | 58,147,000 | 57,806,000 | 61,437,000 |
| Noninterest-bearing deposits | 10,664,000 | 11,028,000 | 12,630,000 | 10,919,000 |
| Equity capital | 8,986,000 | 9,059,000 | 9,226,000 | 9,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 982,000 | 2,018,000 | 3,120,000 | 4,269,000 |
| Interest expense | 166,000 | 361,000 | 586,000 | 859,000 |
| Net interest income | 816,000 | 1,657,000 | 2,534,000 | 3,410,000 |
| Noninterest income | 35,000 | 62,000 | 95,000 | 267,000 |
| Noninterest expense | 612,000 | 1,239,000 | 1,879,000 | 2,594,000 |
| Provision for loan losses | 25,000 | 45,000 | 70,000 | 100,000 |
| Pretax income | 214,000 | 435,000 | 680,000 | 983,000 |
| Income tax | 45,000 | 91,000 | 143,000 | 206,000 |
| Net income | 169,000 | 344,000 | 537,000 | 777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,985,000 | 9,059,000 | 9,227,000 | 9,410,000 |
| Total capital | 9,525,000 | 9,619,000 | 9,817,000 | 10,030,000 |
| Risk-weighted assets | 64,321,000 | 66,627,000 | 66,286,000 | 67,701,000 |