Call reports 2024
WASHINGTON STATE BANK — 2024
What WASHINGTON STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 297,906,000 | 295,265,000 | 300,623,000 | 297,727,000 |
| Total loans | 219,110,000 | 228,669,000 | 225,440,000 | 227,881,000 |
| Allowance for loan losses | 2,704,000 | 2,728,000 | 2,857,000 | 2,979,000 |
| Securities available for sale | 35,646,000 | 35,316,000 | 37,422,000 | 33,269,000 |
| Securities held to maturity | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,859,000 | 263,404,000 | 267,094,000 | 266,167,000 |
| Interest-bearing deposits | 187,652,000 | 189,372,000 | 193,447,000 | 191,089,000 |
| Noninterest-bearing deposits | 79,207,000 | 74,032,000 | 73,647,000 | 75,078,000 |
| Equity capital | 28,316,000 | 28,638,000 | 30,133,000 | 28,502,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,982,000 | 8,204,000 | 12,568,000 | 16,871,000 |
| Interest expense | 1,393,000 | 2,788,000 | 4,367,000 | 5,831,000 |
| Net interest income | 2,589,000 | 5,416,000 | 8,201,000 | 11,040,000 |
| Noninterest income | 258,000 | 501,000 | 720,000 | 1,252,000 |
| Noninterest expense | 1,956,000 | 4,064,000 | 5,873,000 | 7,990,000 |
| Provision for loan losses | 30,000 | 130,000 | 260,000 | 410,000 |
| Pretax income | 861,000 | 1,723,000 | 2,788,000 | 3,892,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 861,000 | 1,723,000 | 2,788,000 | 3,892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,454,000 | 30,709,000 | 31,244,000 | 30,888,000 |
| Total capital | 33,081,000 | 33,437,000 | 33,961,000 | 33,656,000 |
| Risk-weighted assets | 210,109,000 | 221,349,000 | 217,223,000 | 221,229,000 |