Call reports 2023
WASHINGTON STATE BANK — 2023
What WASHINGTON STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 303,498,000 | 296,054,000 | 293,485,000 | 285,246,000 |
| Total loans | 230,205,000 | 231,538,000 | 225,825,000 | 221,574,000 |
| Allowance for loan losses | 2,901,000 | 2,898,000 | 2,843,000 | 2,731,000 |
| Securities available for sale | 33,635,000 | 32,953,000 | 33,142,000 | 36,641,000 |
| Securities held to maturity | 6,108,000 | 6,051,000 | 6,051,000 | 6,051,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 269,007,000 | 256,053,000 | 252,608,000 | 249,010,000 |
| Interest-bearing deposits | 178,490,000 | 173,200,000 | 171,797,000 | 173,629,000 |
| Noninterest-bearing deposits | 90,517,000 | 82,853,000 | 80,811,000 | 75,381,000 |
| Equity capital | 24,749,000 | 24,893,000 | 27,292,000 | 27,599,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,691,000 | 7,402,000 | 11,239,000 | 15,126,000 |
| Interest expense | 645,000 | 1,550,000 | 2,701,000 | 4,031,000 |
| Net interest income | 3,046,000 | 5,852,000 | 8,538,000 | 11,095,000 |
| Noninterest income | 281,000 | 607,000 | 3,335,000 | 4,035,000 |
| Noninterest expense | 1,948,000 | 4,053,000 | 6,137,000 | 8,435,000 |
| Provision for loan losses | 120,000 | 120,000 | 120,000 | 120,000 |
| Pretax income | 1,259,000 | 2,286,000 | 5,616,000 | 5,599,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,259,000 | 2,286,000 | 5,616,000 | 5,599,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,009,000 | 28,352,000 | 31,381,000 | 29,593,000 |
| Total capital | 30,836,000 | 31,176,000 | 34,118,000 | 32,318,000 |
| Risk-weighted assets | 226,097,000 | 225,857,000 | 218,922,000 | 218,039,000 |