Call reports 2008
WASHINGTONFIRST BANK — 2008
What WASHINGTONFIRST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 262,518,000 | 272,040,000 | 275,804,000 | 299,317,000 |
| Total loans | 195,431,000 | 207,772,000 | 212,575,000 | 227,521,000 |
| Allowance for loan losses | 2,151,000 | 1,924,000 | 1,932,000 | 2,144,000 |
| Securities available for sale | 32,817,000 | 28,671,000 | 30,463,000 | 29,775,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,092,000 | 211,380,000 | 204,168,000 | 230,284,000 |
| Interest-bearing deposits | 181,811,000 | 188,497,000 | 180,577,000 | 208,490,000 |
| Noninterest-bearing deposits | 24,281,000 | 22,883,000 | 23,590,000 | 21,794,000 |
| Equity capital | 26,248,000 | 25,919,000 | 25,361,000 | 27,029,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,115,000 | 8,011,000 | 12,052,000 | 16,026,000 |
| Interest expense | 1,785,000 | 3,446,000 | 5,055,000 | 6,708,000 |
| Net interest income | 2,330,000 | 4,565,000 | 6,997,000 | 9,318,000 |
| Noninterest income | 178,000 | 449,000 | 598,000 | 810,000 |
| Noninterest expense | 2,527,000 | 4,823,000 | 7,198,000 | 9,478,000 |
| Provision for loan losses | 55,000 | 155,000 | 293,000 | 605,000 |
| Pretax income | 177,000 | 309,000 | 385,000 | 326,000 |
| Income tax | 0 | 101,000 | 117,000 | 129,000 |
| Net income | 177,000 | 208,000 | 268,000 | 197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,932,000 | 20,871,000 | 20,497,000 | 22,081,000 |
| Total capital | 23,083,000 | 22,795,000 | 22,429,000 | 24,225,000 |
| Risk-weighted assets | 207,490,000 | 221,309,000 | 221,116,000 | 234,106,000 |