Call reports 2020
WASHINGTON STATE BANK — 2020
What WASHINGTON STATE 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 | 214,441,000 | 228,148,000 | 239,697,000 | 249,032,000 |
| Total loans | 149,124,000 | 149,676,000 | 156,234,000 | 155,332,000 |
| Allowance for loan losses | 2,005,000 | 1,906,000 | 1,922,000 | 1,943,000 |
| Securities available for sale | 17,096,000 | 15,322,000 | 18,136,000 | 21,483,000 |
| Securities held to maturity | 546,000 | 546,000 | 546,000 | 546,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,968,000 | 204,427,000 | 216,754,000 | 225,935,000 |
| Interest-bearing deposits | 128,302,000 | 133,725,000 | 147,968,000 | 153,634,000 |
| Noninterest-bearing deposits | 56,666,000 | 70,702,000 | 68,786,000 | 72,301,000 |
| Equity capital | 21,477,000 | 21,554,000 | 21,422,000 | 21,721,000 |
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 | 2,298,000 | 4,467,000 | 6,542,000 | 8,741,000 |
| Interest expense | 464,000 | 897,000 | 1,314,000 | 1,703,000 |
| Net interest income | 1,834,000 | 3,570,000 | 5,228,000 | 7,038,000 |
| Noninterest income | 181,000 | 356,000 | 565,000 | 903,000 |
| Noninterest expense | 1,772,000 | 3,621,000 | 5,418,000 | 7,278,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 45,000 |
| Pretax income | 218,000 | 280,000 | 350,000 | 618,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 218,000 | 280,000 | 350,000 | 618,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,246,000 | 21,124,000 | 21,025,000 | 21,292,000 |