Call reports 2014
KITSAP BANK — 2014
What KITSAP 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 | 945,895,000 | 960,589,000 | 954,641,000 | 959,804,000 |
| Total loans | 443,355,000 | 446,379,000 | 464,253,000 | 480,575,000 |
| Allowance for loan losses | 7,037,000 | 6,874,000 | 6,820,000 | 6,560,000 |
| Securities available for sale | 381,188,000 | 400,246,000 | 387,123,000 | 392,302,000 |
| Securities held to maturity | 3,907,000 | 3,875,000 | 3,829,000 | 3,576,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 836,488,000 | 846,053,000 | 838,009,000 | 840,260,000 |
| Interest-bearing deposits | 640,607,000 | 632,467,000 | 626,386,000 | 632,528,000 |
| Noninterest-bearing deposits | 195,881,000 | 213,586,000 | 211,623,000 | 207,732,000 |
| Equity capital | 98,606,000 | 103,429,000 | 104,705,000 | 106,711,000 |
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 | 7,306,000 | 14,732,000 | 21,953,000 | 29,231,000 |
| Interest expense | 634,000 | 1,248,000 | 1,807,000 | 2,320,000 |
| Net interest income | 6,672,000 | 13,484,000 | 20,146,000 | 26,911,000 |
| Noninterest income | 1,726,000 | 3,533,000 | 5,303,000 | 7,111,000 |
| Noninterest expense | 6,660,000 | 13,514,000 | 20,553,000 | 27,488,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,701,000 | 3,466,000 | 5,292,000 | 6,925,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,701,000 | 3,466,000 | 5,292,000 | 6,925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,588,000 | 85,478,000 | 86,530,000 | 87,353,000 |
| Total capital | 91,498,000 | 92,408,000 | 93,406,000 | 93,969,000 |
| Risk-weighted assets | 552,642,000 | 561,037,000 | 575,509,000 | 584,325,000 |