Call reports 2009
SEATTLE BANK — 2009
What SEATTLE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 775,454,000 | 735,313,000 | 677,150,000 | 590,076,000 |
| Total loans | 646,776,000 | 583,460,000 | 509,981,000 | 486,355,000 |
| Allowance for loan losses | 15,831,000 | 25,999,000 | 16,422,000 | 12,590,000 |
| Securities available for sale | 4,777,000 | 5,105,000 | 4,917,000 | 4,661,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 689,782,000 | 673,184,000 | 619,287,000 | 538,698,000 |
| Interest-bearing deposits | 678,298,000 | 662,795,000 | 611,031,000 | 531,864,000 |
| Noninterest-bearing deposits | 11,484,000 | 10,389,000 | 8,256,000 | 6,834,000 |
| Equity capital | 62,780,000 | 39,056,000 | 36,481,000 | 31,540,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 6,448,000 | 11,431,000 | 16,699,000 | 21,230,000 |
| Interest expense | 5,743,000 | 10,749,000 | 15,412,000 | 19,503,000 |
| Net interest income | 705,000 | 682,000 | 1,287,000 | 1,727,000 |
| Noninterest income | 8,621,000 | 13,701,000 | 17,986,000 | 22,137,000 |
| Noninterest expense | 9,639,000 | 23,308,000 | 32,276,000 | 41,633,000 |
| Provision for loan losses | 2,797,000 | 31,821,000 | 31,884,000 | 34,950,000 |
| Pretax income | -3,146,000 | -40,783,000 | -44,924,000 | -52,756,000 |
| Income tax | -1,164,000 | -15,087,000 | -16,619,000 | -19,516,000 |
| Net income | -1,982,000 | -25,696,000 | -28,305,000 | -33,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,672,000 | 38,956,000 | 36,377,000 | 31,414,000 |
| Total capital | 70,179,000 | 45,707,000 | 42,130,000 | 36,644,000 |
| Risk-weighted assets | 592,164,000 | 520,834,000 | 449,587,000 | 411,000,000 |