Call reports 2020
KITSAP BANK — 2020
What KITSAP BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,181,533,000 | 1,396,263,000 | 1,475,260,000 | 1,500,103,000 |
| Total loans | 750,941,000 | 834,784,000 | 815,012,000 | 784,772,000 |
| Allowance for loan losses | 8,609,000 | 9,709,000 | 9,863,000 | 10,010,000 |
| Securities available for sale | 281,874,000 | 385,533,000 | 434,993,000 | 444,417,000 |
| Securities held to maturity | 3,258,000 | 3,221,000 | 5,668,000 | 5,307,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,028,316,000 | 1,214,210,000 | 1,278,235,000 | 1,297,902,000 |
| Interest-bearing deposits | 681,085,000 | 740,387,000 | 767,961,000 | 807,134,000 |
| Noninterest-bearing deposits | 347,231,000 | 473,823,000 | 510,274,000 | 490,768,000 |
| Equity capital | 136,255,000 | 153,366,000 | 167,468,000 | 173,241,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 12,234,000 | 24,039,000 | 37,128,000 | 49,403,000 |
| Interest expense | 388,000 | 712,000 | 994,000 | 1,301,000 |
| Net interest income | 11,846,000 | 23,327,000 | 36,134,000 | 48,102,000 |
| Noninterest income | 1,842,000 | 4,850,000 | 7,385,000 | 10,223,000 |
| Noninterest expense | 9,749,000 | 19,953,000 | 30,296,000 | 40,775,000 |
| Provision for loan losses | 150,000 | 1,250,000 | 1,400,000 | 1,550,000 |
| Pretax income | 3,789,000 | 6,974,000 | 11,823,000 | 16,000,000 |
| Income tax | 629,000 | -4,960,000 | -4,183,000 | -3,597,000 |
| Net income | 3,160,000 | 11,934,000 | 16,006,000 | 19,597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,677,000 | 117,501,000 | 131,148,000 | 134,311,000 |
| Total capital | 117,286,000 | 127,210,000 | 141,011,000 | 144,321,000 |
| Risk-weighted assets | 854,408,000 | 885,272,000 | 878,196,000 | 866,524,000 |