Call reports 2007
1ST SECURITY BANK OF WASHINGTON — 2007
What 1ST SECURITY BANK OF WASHINGTON reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 258,785,000 | 257,632,000 | 260,395,000 | 263,408,000 |
| Total loans | 220,614,000 | 225,058,000 | 233,118,000 | 240,619,000 |
| Allowance for loan losses | 2,507,000 | 2,501,000 | 2,600,000 | 2,744,000 |
| Securities available for sale | 15,413,000 | 7,388,000 | 7,450,000 | 4,485,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 207,614,000 | 200,415,000 | 216,927,000 | 210,419,000 |
| Interest-bearing deposits | 173,800,000 | 168,986,000 | 187,685,000 | 185,762,000 |
| Noninterest-bearing deposits | 33,814,000 | 31,429,000 | 29,242,000 | 24,657,000 |
| Equity capital | 34,345,000 | 34,141,000 | 33,843,000 | 31,689,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,381,000 | 8,867,000 | 13,509,000 | 17,998,000 |
| Interest expense | 1,567,000 | 3,289,000 | 5,080,000 | 6,942,000 |
| Net interest income | 2,814,000 | 5,578,000 | 8,429,000 | 11,056,000 |
| Noninterest income | 709,000 | 1,132,000 | 1,558,000 | 1,983,000 |
| Noninterest expense | 3,277,000 | 6,727,000 | 10,257,000 | 16,318,000 |
| Provision for loan losses | 0 | 0 | 247,000 | 578,000 |
| Pretax income | 246,000 | -17,000 | -517,000 | -3,857,000 |
| Income tax | 84,000 | -6,000 | -161,000 | 272,000 |
| Net income | 162,000 | -11,000 | -356,000 | -4,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,103,000 | 34,904,000 | 34,600,000 | 31,663,000 |
| Total capital | 37,705,000 | 37,459,000 | 37,255,000 | 34,477,000 |
| Risk-weighted assets | 216,433,000 | 220,214,000 | 226,337,000 | 234,604,000 |