Call reports 2022
KITSAP BANK — 2022
What KITSAP BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,703,682,000 | 1,692,845,000 | 1,627,935,000 | 1,638,436,000 |
| Total loans | 678,905,000 | 731,289,000 | 774,305,000 | 794,997,000 |
| Allowance for loan losses | 10,183,000 | 10,179,000 | 10,340,000 | 9,882,000 |
| Securities available for sale | 672,097,000 | 651,337,000 | 619,367,000 | 618,544,000 |
| Securities held to maturity | 14,237,000 | 36,531,000 | 45,863,000 | 43,873,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,521,484,000 | 1,521,567,000 | 1,487,915,000 | 1,489,260,000 |
| Interest-bearing deposits | 957,869,000 | 965,411,000 | 927,085,000 | 959,250,000 |
| Noninterest-bearing deposits | 563,615,000 | 556,156,000 | 560,830,000 | 530,010,000 |
| Equity capital | 141,067,000 | 129,576,000 | 106,525,000 | 116,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 11,302,000 | 23,614,000 | 37,289,000 | 52,043,000 |
| Interest expense | 348,000 | 700,000 | 1,135,000 | 2,204,000 |
| Net interest income | 10,954,000 | 22,914,000 | 36,154,000 | 49,839,000 |
| Noninterest income | 2,263,000 | 4,475,000 | 6,959,000 | 9,577,000 |
| Noninterest expense | 10,250,000 | 20,489,000 | 31,563,000 | 42,903,000 |
| Provision for loan losses | 0 | 0 | 0 | -450,000 |
| Pretax income | 2,967,000 | 6,900,000 | 11,550,000 | 16,963,000 |
| Income tax | 416,000 | 1,084,000 | 1,831,000 | 2,759,000 |
| Net income | 2,551,000 | 5,816,000 | 9,719,000 | 14,204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 155,513,000 | 168,260,000 | 171,645,000 | 175,613,000 |
| Total capital | 165,696,000 | 178,439,000 | 181,985,000 | 185,495,000 |
| Risk-weighted assets | 958,780,000 | 1,027,106,000 | 1,090,749,000 | 1,100,314,000 |