Call reports 2022
WASHINGTON BUSINESS BANK — 2022
What WASHINGTON BUSINESS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 106,213,000 | 104,164,000 | 97,524,000 | 95,133,000 |
| Total loans | 78,293,000 | 77,000,000 | 79,981,000 | 83,340,000 |
| Allowance for loan losses | 670,000 | 670,000 | 670,000 | 670,000 |
| Securities available for sale | 30,000 | 28,000 | 27,000 | 25,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,734,000 | 85,270,000 | 80,279,000 | 77,455,000 |
| Interest-bearing deposits | 59,452,000 | 57,049,000 | 52,313,000 | 50,054,000 |
| Noninterest-bearing deposits | 28,282,000 | 28,221,000 | 27,966,000 | 27,401,000 |
| Equity capital | 13,088,000 | 13,448,000 | 13,751,000 | 14,179,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,034,000 | 2,089,000 | 3,270,000 | 4,525,000 |
| Interest expense | 72,000 | 144,000 | 211,000 | 278,000 |
| Net interest income | 962,000 | 1,945,000 | 3,059,000 | 4,247,000 |
| Noninterest income | 31,000 | 64,000 | 95,000 | 124,000 |
| Noninterest expense | 671,000 | 1,411,000 | 2,193,000 | 2,888,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 322,000 | 598,000 | 961,000 | 1,483,000 |
| Income tax | 68,000 | 126,000 | 202,000 | 311,000 |
| Net income | 254,000 | 472,000 | 759,000 | 1,172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,088,000 | 13,448,000 | 13,751,000 | 14,179,000 |
| Total capital | 13,767,000 | 14,127,000 | 14,430,000 | 14,858,000 |
| Risk-weighted assets | 69,291,000 | 69,022,000 | 70,698,000 | 74,193,000 |