Call reports 2019
KITSAP BANK — 2019
What KITSAP BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,154,395,000 | 1,169,582,000 | 1,191,298,000 | 1,168,138,000 |
| Total loans | 745,095,000 | 761,674,000 | 770,364,000 | 784,104,000 |
| Allowance for loan losses | 8,075,000 | 8,173,000 | 8,341,000 | 8,463,000 |
| Securities available for sale | 282,987,000 | 263,531,000 | 281,140,000 | 256,823,000 |
| Securities held to maturity | 2,884,000 | 2,848,000 | 2,797,000 | 2,425,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,009,881,000 | 1,009,036,000 | 1,035,255,000 | 1,022,753,000 |
| Interest-bearing deposits | 674,000,000 | 678,333,000 | 681,046,000 | 677,074,000 |
| Noninterest-bearing deposits | 335,881,000 | 330,703,000 | 354,209,000 | 345,679,000 |
| Equity capital | 127,462,000 | 134,183,000 | 139,761,000 | 128,138,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 12,205,000 | 24,649,000 | 37,315,000 | 50,005,000 |
| Interest expense | 329,000 | 689,000 | 1,054,000 | 1,454,000 |
| Net interest income | 11,876,000 | 23,960,000 | 36,261,000 | 48,551,000 |
| Noninterest income | 2,222,000 | 4,617,000 | 6,874,000 | 9,410,000 |
| Noninterest expense | 10,120,000 | 19,984,000 | 30,276,000 | 40,549,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 3,861,000 | 8,470,000 | 12,586,000 | 17,007,000 |
| Income tax | -1,185,000 | -467,000 | 299,000 | 1,084,000 |
| Net income | 5,046,000 | 8,937,000 | 12,287,000 | 15,923,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,688,000 | 112,152,000 | 115,025,000 | 105,467,000 |
| Total capital | 116,763,000 | 120,325,000 | 123,366,000 | 113,930,000 |
| Risk-weighted assets | 824,659,000 | 844,770,000 | 865,433,000 | 895,764,000 |