Call reports 2025
KITSAP BANK — 2025
What KITSAP BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 1,656,332,000 | 1,693,148,000 | 1,666,884,000 | 1,653,440,000 |
| Total loans | 918,242,000 | 941,594,000 | 903,128,000 | 897,394,000 |
| Allowance for loan losses | 9,841,000 | 10,273,000 | 9,338,000 | 9,316,000 |
| Securities available for sale | 531,608,000 | 528,995,000 | 525,639,000 | 516,352,000 |
| Securities held to maturity | 29,558,000 | 29,043,000 | 27,582,000 | 25,707,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,424,475,000 | 1,382,291,000 | 1,433,846,000 | 1,434,949,000 |
| Interest-bearing deposits | 995,500,000 | 957,889,000 | 980,021,000 | 969,031,000 |
| Noninterest-bearing deposits | 428,975,000 | 424,402,000 | 453,825,000 | 465,918,000 |
| Equity capital | 151,799,000 | 158,151,000 | 167,429,000 | 146,187,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 17,513,000 | 35,579,000 | 53,677,000 | 71,073,000 |
| Interest expense | 4,815,000 | 9,524,000 | 13,918,000 | 18,095,000 |
| Net interest income | 12,698,000 | 26,055,000 | 39,759,000 | 52,978,000 |
| Noninterest income | 2,911,000 | 9,453,000 | 12,595,000 | 15,217,000 |
| Noninterest expense | 12,607,000 | 25,814,000 | 38,529,000 | 50,803,000 |
| Provision for loan losses | 250,000 | 545,000 | -388,000 | -388,000 |
| Pretax income | 2,752,000 | 9,149,000 | 14,254,000 | 18,587,000 |
| Income tax | 399,000 | 1,562,000 | 2,398,000 | 3,224,000 |
| Net income | 2,353,000 | 7,587,000 | 11,856,000 | 15,363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 191,562,000 | 195,546,000 | 198,465,000 | 173,372,000 |
| Total capital | 201,987,000 | 206,403,000 | 208,346,000 | 183,230,000 |
| Risk-weighted assets | 1,212,687,000 | 1,232,361,000 | 1,188,370,000 | 1,170,674,000 |