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Call reports 2022

SEATTLE BANK — 2022

What SEATTLE BANK reported to the FFIEC in 2022, quarter by quarter.

PERIOD: 2022SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/122f6281-c4d4-4e23-bcaa-dc705e1a5367/2022

Balance sheet

What the bank holds and owes at quarter end

Measure2022Q12022Q22022Q32022Q4
Total assets709,504,000752,962,000775,385,000780,659,000
Total loans631,000,000663,882,000660,000,000693,529,000
Allowance for loan losses9,205,0009,533,0009,374,0009,962,000
Securities available for sale31,715,00032,235,00030,781,00026,341,000
Securities held to maturity0000
Trading assets0000
Total deposits549,172,000566,417,000621,826,000623,880,000
Interest-bearing deposits466,795,000471,167,000498,148,000539,456,000
Noninterest-bearing deposits82,377,00095,250,000123,678,00084,424,000
Equity capital89,236,00090,842,00093,318,00095,218,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2022Q12022Q22022Q32022Q4
Interest income9,391,00021,302,00033,890,00047,589,000
Interest expense1,443,0003,032,0005,166,0008,180,000
Net interest income7,948,00018,270,00028,724,00039,409,000
Noninterest income199,000460,000443,000514,000
Noninterest expense4,170,0008,763,00014,014,00019,804,000
Provision for loan losses1,420,0002,710,0003,840,0006,040,000
Pretax income2,502,0007,163,00011,173,00013,941,000
Income tax576,0001,567,0002,423,0003,105,000
Net income1,926,0005,596,0008,750,00010,836,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2022Q12022Q22022Q32022Q4
Tier 1 capital90,410,00092,701,00095,854,00097,940,000
Total capital96,573,00099,531,000102,721,000104,969,000
Risk-weighted assets489,696,000543,329,000546,569,000559,167,000