Call reports 2020
SEATTLE BANK — 2020
What SEATTLE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 709,550,000 | 747,521,000 | 730,682,000 | 679,059,000 |
| Total loans | 560,711,000 | 623,460,000 | 633,807,000 | 596,927,000 |
| Allowance for loan losses | 5,593,000 | 5,876,000 | 5,955,000 | 5,941,000 |
| Securities available for sale | 42,627,000 | 79,772,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 571,133,000 | 606,235,000 | 599,655,000 | 546,545,000 |
| Interest-bearing deposits | 521,867,000 | 537,901,000 | 534,151,000 | 471,979,000 |
| Noninterest-bearing deposits | 49,266,000 | 68,334,000 | 65,504,000 | 74,566,000 |
| Equity capital | 71,282,000 | 76,766,000 | 76,754,000 | 78,245,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 9,573,000 | 16,954,000 | 25,010,000 | 33,842,000 |
| Interest expense | 3,185,000 | 6,165,000 | 10,025,000 | 12,322,000 |
| Net interest income | 6,388,000 | 10,789,000 | 14,985,000 | 21,520,000 |
| Noninterest income | 92,000 | 278,000 | 895,000 | 1,223,000 |
| Noninterest expense | 3,712,000 | 7,771,000 | 12,335,000 | 16,837,000 |
| Provision for loan losses | 375,000 | 690,000 | 950,000 | 1,500,000 |
| Pretax income | 2,397,000 | 3,085,000 | 8,789,000 | 10,597,000 |
| Income tax | 511,000 | 600,000 | 1,893,000 | 2,291,000 |
| Net income | 1,886,000 | 2,485,000 | 6,896,000 | 8,306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,642,000 | 67,701,000 | 73,420,000 | 75,283,000 |
| Total capital | 72,036,000 | 73,328,000 | 78,102,000 | 79,902,000 |
| Risk-weighted assets | 430,635,000 | 449,923,000 | 373,340,000 | 368,211,000 |