Call reports 2021
KITSAP BANK — 2021
What KITSAP BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,588,417,000 | 1,638,097,000 | 1,686,464,000 | 1,696,539,000 |
| Total loans | 779,007,000 | 735,175,000 | 699,374,000 | 680,602,000 |
| Allowance for loan losses | 10,160,000 | 9,791,000 | 10,045,000 | 10,192,000 |
| Securities available for sale | 492,908,000 | 563,801,000 | 645,420,000 | 661,376,000 |
| Securities held to maturity | 5,307,000 | 5,552,000 | 6,241,000 | 14,117,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,393,164,000 | 1,437,456,000 | 1,474,056,000 | 1,484,026,000 |
| Interest-bearing deposits | 854,507,000 | 889,074,000 | 918,759,000 | 942,017,000 |
| Noninterest-bearing deposits | 538,657,000 | 548,382,000 | 555,297,000 | 542,009,000 |
| Equity capital | 164,336,000 | 174,621,000 | 176,318,000 | 178,521,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 12,343,000 | 25,189,000 | 38,205,000 | 50,465,000 |
| Interest expense | 309,000 | 638,000 | 974,000 | 1,314,000 |
| Net interest income | 12,034,000 | 24,551,000 | 37,231,000 | 49,151,000 |
| Noninterest income | 2,593,000 | 6,616,000 | 9,631,000 | 14,624,000 |
| Noninterest expense | 10,183,000 | 20,356,000 | 31,205,000 | 43,712,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 4,294,000 | 10,511,000 | 15,207,000 | 21,225,000 |
| Income tax | 694,000 | 1,738,000 | -902,000 | 204,000 |
| Net income | 3,600,000 | 8,773,000 | 16,109,000 | 21,021,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 137,445,000 | 142,151,000 | 149,021,000 | 153,465,000 |
| Total capital | 147,605,000 | 151,942,000 | 159,066,000 | 163,657,000 |
| Risk-weighted assets | 868,212,000 | 892,506,000 | 942,181,000 | 934,027,000 |