Call reports 2015
1ST SECURITY BANK OF WASHINGTON — 2015
What 1ST SECURITY BANK OF WASHINGTON reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 530,745,000 | 566,310,000 | 637,188,000 | 677,524,000 |
| Total loans | 446,410,000 | 477,868,000 | 538,483,000 | 555,246,000 |
| Allowance for loan losses | 6,256,000 | 6,778,000 | 7,239,000 | 7,785,000 |
| Securities available for sale | 44,547,000 | 50,414,000 | 53,679,000 | 55,217,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 439,075,000 | 480,331,000 | 503,330,000 | 493,914,000 |
| Interest-bearing deposits | 378,514,000 | 401,954,000 | 430,085,000 | 412,875,000 |
| Noninterest-bearing deposits | 60,561,000 | 78,377,000 | 73,245,000 | 81,039,000 |
| Equity capital | 58,216,000 | 60,631,000 | 67,892,000 | 78,740,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 6,885,000 | 14,355,000 | 22,327,000 | 30,915,000 |
| Interest expense | 804,000 | 1,681,000 | 2,600,000 | 3,490,000 |
| Net interest income | 6,081,000 | 12,674,000 | 19,727,000 | 27,425,000 |
| Noninterest income | 3,809,000 | 8,863,000 | 12,964,000 | 16,588,000 |
| Noninterest expense | 6,274,000 | 13,109,000 | 20,563,000 | 28,079,000 |
| Provision for loan losses | 450,000 | 1,050,000 | 1,650,000 | 2,250,000 |
| Pretax income | 3,242,000 | 7,454,000 | 10,554,000 | 13,760,000 |
| Income tax | 1,085,000 | 2,569,000 | 3,666,000 | 4,877,000 |
| Net income | 2,157,000 | 4,885,000 | 6,888,000 | 8,883,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,927,000 | 60,655,000 | 67,658,000 | 78,662,000 |
| Total capital | 63,755,000 | 66,827,000 | 74,389,000 | 85,570,000 |
| Risk-weighted assets | 465,262,000 | 492,513,000 | 537,294,000 | 551,644,000 |