Call reports 2021
WASHINGTON STATE BANK — 2021
What WASHINGTON STATE 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 | 281,453,000 | 283,148,000 | 275,521,000 | 281,041,000 |
| Total loans | 161,556,000 | 176,940,000 | 183,649,000 | 187,591,000 |
| Allowance for loan losses | 1,971,000 | 2,031,000 | 2,051,000 | 2,121,000 |
| Securities available for sale | 28,602,000 | 28,017,000 | 27,642,000 | 29,219,000 |
| Securities held to maturity | 6,415,000 | 6,415,000 | 6,415,000 | 6,415,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 258,135,000 | 259,322,000 | 251,111,000 | 256,801,000 |
| Interest-bearing deposits | 171,181,000 | 178,476,000 | 169,596,000 | 165,420,000 |
| Noninterest-bearing deposits | 86,954,000 | 80,846,000 | 81,515,000 | 91,381,000 |
| Equity capital | 21,931,000 | 22,258,000 | 22,896,000 | 22,903,000 |
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 | 2,302,000 | 4,828,000 | 7,318,000 | 9,858,000 |
| Interest expense | 367,000 | 677,000 | 943,000 | 1,160,000 |
| Net interest income | 1,935,000 | 4,151,000 | 6,375,000 | 8,698,000 |
| Noninterest income | 205,000 | 423,000 | 640,000 | 884,000 |
| Noninterest expense | 1,724,000 | 3,623,000 | 5,455,000 | 7,404,000 |
| Provision for loan losses | 20,000 | 80,000 | 100,000 | 140,000 |
| Pretax income | 396,000 | 871,000 | 1,460,000 | 2,038,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 396,000 | 871,000 | 1,460,000 | 2,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,688,000 | 21,993,000 | 22,582,000 | 22,835,000 |
| Total capital | 23,659,000 | 24,024,000 | 24,633,000 | 24,956,000 |
| Risk-weighted assets | 166,629,000 | 187,524,000 | 194,274,000 | 197,337,000 |