Call reports 2010
SEATTLE BANK — 2010
What SEATTLE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 554,877,000 | 539,655,000 | 482,864,000 | 467,694,000 |
| Total loans | 446,956,000 | 404,414,000 | 372,348,000 | 340,563,000 |
| Allowance for loan losses | 11,275,000 | 14,156,000 | 11,213,000 | 10,458,000 |
| Securities available for sale | 3,709,000 | 3,635,000 | 3,481,000 | 3,312,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 506,901,000 | 502,982,000 | 436,667,000 | 404,859,000 |
| Interest-bearing deposits | 501,439,000 | 497,112,000 | 430,838,000 | 399,773,000 |
| Noninterest-bearing deposits | 5,461,000 | 5,870,000 | 5,829,000 | 5,086,000 |
| Equity capital | 28,305,000 | 16,746,000 | 13,644,000 | 7,045,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,163,000 | 8,378,000 | 12,118,000 | 15,578,000 |
| Interest expense | 3,259,000 | 6,334,000 | 8,855,000 | 11,202,000 |
| Net interest income | 904,000 | 2,044,000 | 3,263,000 | 4,376,000 |
| Noninterest income | 2,467,000 | 6,862,000 | 13,325,000 | 16,034,000 |
| Noninterest expense | 8,253,000 | 18,780,000 | 29,476,000 | 38,202,000 |
| Provision for loan losses | 267,000 | 11,261,000 | 11,346,000 | 13,064,000 |
| Pretax income | -5,117,000 | -21,103,000 | -24,202,000 | -30,824,000 |
| Income tax | -1,893,000 | -6,289,000 | -6,289,000 | -6,288,000 |
| Net income | -3,224,000 | -14,814,000 | -17,913,000 | -24,536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,190,000 | 16,606,000 | 13,507,000 | 6,883,000 |
| Total capital | 32,730,000 | 20,827,000 | 17,489,000 | 10,452,000 |
| Risk-weighted assets | 356,475,000 | 330,734,000 | 314,388,000 | 281,651,000 |