Call reports 2011
SEATTLE BANK — 2011
What SEATTLE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 423,496,000 | 357,610,000 | 343,636,000 | 314,340,000 |
| Total loans | 329,711,000 | 224,472,000 | 216,557,000 | 180,107,000 |
| Allowance for loan losses | 9,334,000 | 14,898,000 | 14,822,000 | 14,700,000 |
| Securities available for sale | 3,100,000 | 2,809,000 | 2,770,000 | 2,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,522,000 | 308,575,000 | 298,471,000 | 272,503,000 |
| Interest-bearing deposits | 338,317,000 | 297,754,000 | 281,990,000 | 257,284,000 |
| Noninterest-bearing deposits | 7,205,000 | 10,821,000 | 16,481,000 | 15,219,000 |
| Equity capital | 50,350,000 | 41,478,000 | 38,596,000 | 35,657,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,510,000 | 6,483,000 | 9,202,000 | 11,640,000 |
| Interest expense | 1,813,000 | 3,393,000 | 4,718,000 | 5,892,000 |
| Net interest income | 1,697,000 | 3,090,000 | 4,484,000 | 5,748,000 |
| Noninterest income | -4,854,000 | -8,803,000 | -8,282,000 | -8,189,000 |
| Noninterest expense | 6,185,000 | 11,999,000 | 16,745,000 | 21,103,000 |
| Provision for loan losses | 2,305,000 | 8,193,000 | 8,193,000 | 8,193,000 |
| Pretax income | -11,647,000 | -25,905,000 | -28,736,000 | -31,737,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -11,647,000 | -25,905,000 | -28,736,000 | -31,737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,194,000 | 41,316,000 | 38,403,000 | 35,482,000 |
| Total capital | 53,599,000 | 44,421,000 | 41,371,000 | 38,000,000 |
| Risk-weighted assets | 271,120,000 | 237,714,000 | 225,143,000 | 190,416,000 |