Call reports 2008
SEATTLE BANK — 2008
What SEATTLE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 642,587,000 | 654,688,000 | 665,967,000 | 665,426,000 |
| Total loans | 579,696,000 | 576,796,000 | 624,933,000 | 632,335,000 |
| Allowance for loan losses | 7,669,000 | 8,918,000 | 17,801,000 | 15,347,000 |
| Securities available for sale | 14,018,000 | 13,082,000 | 4,384,000 | 4,911,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 447,018,000 | 402,394,000 | 480,208,000 | 557,478,000 |
| Interest-bearing deposits | 428,671,000 | 382,974,000 | 468,895,000 | 549,136,000 |
| Noninterest-bearing deposits | 18,347,000 | 19,420,000 | 11,314,000 | 8,342,000 |
| Equity capital | 91,742,000 | 83,989,000 | 74,963,000 | 64,720,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 9,758,000 | 18,041,000 | 26,755,000 | 33,872,000 |
| Interest expense | 5,467,000 | 10,087,000 | 14,250,000 | 18,648,000 |
| Net interest income | 4,291,000 | 7,954,000 | 12,505,000 | 15,224,000 |
| Noninterest income | 5,405,000 | 11,978,000 | 17,335,000 | 21,997,000 |
| Noninterest expense | 8,603,000 | 15,045,000 | 23,445,000 | 30,991,000 |
| Provision for loan losses | 944,000 | 4,079,000 | 12,962,000 | 28,551,000 |
| Pretax income | 149,000 | 808,000 | -15,785,000 | -32,079,000 |
| Income tax | 55,000 | 299,000 | -6,730,000 | -12,759,000 |
| Net income | 94,000 | 509,000 | -9,055,000 | -19,320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 91,704,000 | 83,996,000 | 74,919,000 | 64,654,000 |
| Total capital | 98,735,000 | 91,399,000 | 82,405,000 | 72,041,000 |
| Risk-weighted assets | 561,759,000 | 590,666,000 | 588,498,000 | 582,976,000 |
Machine access — free, no API key
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