Call reports 2021
SEATTLE BANK — 2021
What SEATTLE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 708,263,000 | 691,774,000 | 711,859,000 | 762,091,000 |
| Total loans | 632,368,000 | 612,935,000 | 581,326,000 | 599,032,000 |
| Allowance for loan losses | 7,042,000 | 7,094,000 | 7,594,000 | 8,133,000 |
| Securities available for sale | 1,482,000 | 1,503,000 | 15,590,000 | 22,811,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 575,396,000 | 556,810,000 | 573,972,000 | 619,998,000 |
| Interest-bearing deposits | 496,767,000 | 475,033,000 | 490,318,000 | 523,930,000 |
| Noninterest-bearing deposits | 78,629,000 | 81,777,000 | 83,654,000 | 96,068,000 |
| Equity capital | 79,600,000 | 81,316,000 | 84,669,000 | 87,894,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 8,018,000 | 16,385,000 | 25,506,000 | 35,831,000 |
| Interest expense | 1,983,000 | 3,839,000 | 5,492,000 | 7,051,000 |
| Net interest income | 6,035,000 | 12,546,000 | 20,014,000 | 28,780,000 |
| Noninterest income | 459,000 | 669,000 | 1,100,000 | 1,218,000 |
| Noninterest expense | 4,572,000 | 9,074,000 | 12,669,000 | 17,281,000 |
| Provision for loan losses | 746,000 | 1,000,000 | 1,670,000 | 2,500,000 |
| Pretax income | 1,155,000 | 3,123,000 | 6,751,000 | 10,182,000 |
| Income tax | 276,000 | 711,000 | 1,517,000 | 2,238,000 |
| Net income | 879,000 | 2,412,000 | 5,234,000 | 7,944,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,999,000 | 79,101,000 | 83,243,000 | 87,421,000 |
| Total capital | 81,828,000 | 83,995,000 | 88,490,000 | 93,265,000 |
| Risk-weighted assets | 384,132,000 | 389,364,000 | 416,925,000 | 464,868,000 |