Call reports 2021
WASHINGTON BUSINESS BANK — 2021
What WASHINGTON BUSINESS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 105,398,000 | 103,310,000 | 103,048,000 | 108,532,000 |
| Total loans | 89,441,000 | 85,181,000 | 78,733,000 | 82,063,000 |
| Allowance for loan losses | 672,000 | 672,000 | 670,000 | 670,000 |
| Securities available for sale | 40,000 | 37,000 | 35,000 | 33,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,322,000 | 85,654,000 | 84,943,000 | 90,227,000 |
| Interest-bearing deposits | 61,070,000 | 59,435,000 | 58,168,000 | 61,233,000 |
| Noninterest-bearing deposits | 24,252,000 | 26,219,000 | 26,775,000 | 28,994,000 |
| Equity capital | 11,890,000 | 12,339,000 | 12,690,000 | 12,842,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,219,000 | 2,354,000 | 3,482,000 | 4,560,000 |
| Interest expense | 129,000 | 228,000 | 312,000 | 390,000 |
| Net interest income | 1,090,000 | 2,126,000 | 3,170,000 | 4,170,000 |
| Noninterest income | 31,000 | 72,000 | 100,000 | 127,000 |
| Noninterest expense | 584,000 | 1,214,000 | 1,870,000 | 2,504,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 537,000 | 984,000 | 1,400,000 | 1,793,000 |
| Income tax | 113,000 | 207,000 | 294,000 | 377,000 |
| Net income | 424,000 | 777,000 | 1,106,000 | 1,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,889,000 | 12,338,000 | 12,689,000 | 12,842,000 |
| Total capital | 12,570,000 | 13,019,000 | 13,368,000 | 13,521,000 |
| Risk-weighted assets | 72,178,000 | 61,436,000 | 65,608,000 | 71,616,000 |