Call reports 2014
WASHINGTONFIRST BANK — 2014
What WASHINGTONFIRST BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,275,705,000 | 1,388,086,000 | 1,334,436,000 | 1,333,430,000 |
| Total loans | 898,382,000 | 953,081,000 | 1,024,894,000 | 1,066,126,000 |
| Allowance for loan losses | 7,923,000 | 8,332,000 | 8,974,000 | 9,257,000 |
| Securities available for sale | 171,635,000 | 175,999,000 | 170,960,000 | 166,508,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,105,998,000 | 1,203,312,000 | 1,130,079,000 | 1,109,550,000 |
| Interest-bearing deposits | 826,685,000 | 833,691,000 | 807,809,000 | 831,267,000 |
| Noninterest-bearing deposits | 279,313,000 | 369,621,000 | 322,270,000 | 278,283,000 |
| Equity capital | 106,345,000 | 110,424,000 | 113,332,000 | 117,071,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 11,863,000 | 25,577,000 | 39,631,000 | 54,095,000 |
| Interest expense | 1,506,000 | 3,180,000 | 4,949,000 | 6,798,000 |
| Net interest income | 10,357,000 | 22,397,000 | 34,682,000 | 47,297,000 |
| Noninterest income | 900,000 | 1,793,000 | 2,938,000 | 4,165,000 |
| Noninterest expense | 7,751,000 | 15,527,000 | 23,745,000 | 32,171,000 |
| Provision for loan losses | 545,000 | 1,305,000 | 2,205,000 | 3,005,000 |
| Pretax income | 3,103,000 | 7,502,000 | 11,836,000 | 16,452,000 |
| Income tax | 1,071,000 | 2,598,000 | 3,677,000 | 5,310,000 |
| Net income | 2,032,000 | 4,904,000 | 8,159,000 | 11,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 100,275,000 | 103,248,000 | 106,600,000 | 109,743,000 |
| Total capital | 110,698,000 | 114,080,000 | 118,074,000 | 121,500,000 |
| Risk-weighted assets | 944,523,000 | 1,007,897,000 | 1,084,520,000 | 1,110,544,000 |