Call reports 2013
1ST SECURITY BANK OF WASHINGTON — 2013
What 1ST SECURITY BANK OF WASHINGTON reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 371,560,000 | 378,850,000 | 396,044,000 | 418,966,000 |
| Total loans | 301,705,000 | 298,835,000 | 297,493,000 | 297,359,000 |
| Allowance for loan losses | 5,044,000 | 5,276,000 | 5,310,000 | 5,092,000 |
| Securities available for sale | 43,158,000 | 44,186,000 | 47,131,000 | 56,239,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 307,331,000 | 313,862,000 | 329,400,000 | 350,041,000 |
| Interest-bearing deposits | 268,945,000 | 275,323,000 | 285,654,000 | 302,311,000 |
| Noninterest-bearing deposits | 38,386,000 | 38,539,000 | 43,746,000 | 47,730,000 |
| Equity capital | 48,782,000 | 48,977,000 | 50,182,000 | 50,297,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,111,000 | 10,471,000 | 15,988,000 | 21,386,000 |
| Interest expense | 523,000 | 1,048,000 | 1,617,000 | 2,226,000 |
| Net interest income | 4,588,000 | 9,423,000 | 14,371,000 | 19,160,000 |
| Noninterest income | 1,902,000 | 4,366,000 | 6,161,000 | 7,369,000 |
| Noninterest expense | 4,202,000 | 9,314,000 | 13,880,000 | 18,625,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 1,720,000 | 2,170,000 |
| Pretax income | 1,856,000 | 3,539,000 | 5,196,000 | 5,998,000 |
| Income tax | 624,000 | 1,191,000 | 1,772,000 | 2,041,000 |
| Net income | 1,232,000 | 2,348,000 | 3,424,000 | 3,957,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,331,000 | 49,586,000 | 50,460,000 | 50,985,000 |
| Total capital | 52,431,000 | 53,563,000 | 54,521,000 | 55,141,000 |
| Risk-weighted assets | 326,834,000 | 316,663,000 | 323,353,000 | 331,400,000 |