Call reports 2019
WASHINGTON BUSINESS BANK — 2019
What WASHINGTON BUSINESS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 96,188,000 | 88,149,000 | 91,467,000 | 91,114,000 |
| Total loans | 73,871,000 | 76,294,000 | 77,647,000 | 79,485,000 |
| Allowance for loan losses | 618,000 | 618,000 | 619,000 | 638,000 |
| Securities available for sale | 82,000 | 78,000 | 73,000 | 68,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,218,000 | 73,057,000 | 76,121,000 | 75,354,000 |
| Interest-bearing deposits | 69,577,000 | 60,384,000 | 61,172,000 | 61,182,000 |
| Noninterest-bearing deposits | 11,641,000 | 12,673,000 | 14,949,000 | 14,172,000 |
| Equity capital | 9,675,000 | 9,816,000 | 10,033,000 | 10,351,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,161,000 | 2,321,000 | 3,506,000 | 4,695,000 |
| Interest expense | 302,000 | 549,000 | 791,000 | 1,021,000 |
| Net interest income | 859,000 | 1,772,000 | 2,715,000 | 3,674,000 |
| Noninterest income | 28,000 | 63,000 | 86,000 | 112,000 |
| Noninterest expense | 622,000 | 1,209,000 | 1,805,000 | 2,408,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 265,000 | 626,000 | 996,000 | 1,358,000 |
| Income tax | 56,000 | 131,000 | 209,000 | 285,000 |
| Net income | 209,000 | 495,000 | 787,000 | 1,073,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,675,000 | 9,816,000 | 10,032,000 | 10,351,000 |
| Total capital | 10,302,000 | 10,443,000 | 10,660,000 | 10,998,000 |
| Risk-weighted assets | 68,783,000 | 70,741,000 | 72,135,000 | 72,616,000 |