Call reports 2010
WASHINGTONFIRST BANK — 2010
What WASHINGTONFIRST BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 390,413,000 | 418,855,000 | 428,310,000 | 434,478,000 |
| Total loans | 277,283,000 | 296,533,000 | 305,181,000 | 329,759,000 |
| Allowance for loan losses | 3,018,000 | 3,213,000 | 3,513,000 | 3,447,000 |
| Securities available for sale | 35,817,000 | 44,065,000 | 42,374,000 | 45,776,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,890,000 | 341,842,000 | 350,979,000 | 357,627,000 |
| Interest-bearing deposits | 264,556,000 | 284,311,000 | 289,066,000 | 288,491,000 |
| Noninterest-bearing deposits | 49,334,000 | 57,531,000 | 61,912,000 | 69,136,000 |
| Equity capital | 41,436,000 | 42,371,000 | 42,531,000 | 42,370,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,698,000 | 9,513,000 | 14,766,000 | 20,128,000 |
| Interest expense | 1,462,000 | 2,828,000 | 4,229,000 | 5,517,000 |
| Net interest income | 3,236,000 | 6,685,000 | 10,537,000 | 14,611,000 |
| Noninterest income | 152,000 | 362,000 | 569,000 | 769,000 |
| Noninterest expense | 2,607,000 | 5,381,000 | 8,398,000 | 11,176,000 |
| Provision for loan losses | 367,000 | 702,000 | 997,000 | 1,747,000 |
| Pretax income | 414,000 | 964,000 | 1,712,000 | 2,458,000 |
| Income tax | 157,000 | 369,000 | 657,000 | 944,000 |
| Net income | 257,000 | 595,000 | 1,055,000 | 1,514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,343,000 | 37,056,000 | 37,172,000 | 37,232,000 |
| Total capital | 39,361,000 | 40,269,000 | 40,685,000 | 40,679,000 |
| Risk-weighted assets | 288,870,000 | 312,008,000 | 322,212,000 | 355,939,000 |