Call reports 2018
SEATTLE BANK — 2018
What SEATTLE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 314,380,000 | 571,930,000 | 603,027,000 | 630,730,000 |
| Total loans | 266,253,000 | 528,151,000 | 547,889,000 | 551,900,000 |
| Allowance for loan losses | 3,820,000 | 3,825,000 | 3,987,000 | 4,127,000 |
| Securities available for sale | 9,431,000 | 8,415,000 | 6,394,000 | 6,390,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,694,000 | 449,265,000 | 468,295,000 | 493,973,000 |
| Interest-bearing deposits | 193,443,000 | 401,926,000 | 413,558,000 | 433,779,000 |
| Noninterest-bearing deposits | 47,251,000 | 47,339,000 | 54,737,000 | 60,194,000 |
| Equity capital | 58,730,000 | 59,425,000 | 61,295,000 | 62,639,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,273,000 | 8,562,000 | 16,979,000 | 25,594,000 |
| Interest expense | 567,000 | 2,011,000 | 5,014,000 | 8,315,000 |
| Net interest income | 2,706,000 | 6,551,000 | 11,965,000 | 17,279,000 |
| Noninterest income | 105,000 | -737,000 | -640,000 | -385,000 |
| Noninterest expense | 2,100,000 | 4,281,000 | 7,161,000 | 10,823,000 |
| Provision for loan losses | 0 | 0 | 300,000 | 600,000 |
| Pretax income | 711,000 | 1,533,000 | 3,864,000 | 5,471,000 |
| Income tax | 158,000 | 340,000 | 839,000 | 1,186,000 |
| Net income | 553,000 | 1,193,000 | 3,025,000 | 4,285,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,209,000 | 51,095,000 | 53,472,000 | 55,163,000 |
| Total capital | 53,711,000 | 54,920,000 | 57,459,000 | 59,290,000 |
| Risk-weighted assets | 279,858,000 | 365,228,000 | 369,780,000 | 369,493,000 |