Call reports 2016
1ST SECURITY BANK OF WASHINGTON — 2016
What 1ST SECURITY BANK OF WASHINGTON reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 805,263,000 | 783,870,000 | 827,019,000 | 827,925,000 |
| Total loans | 593,276,000 | 622,751,000 | 679,515,000 | 656,081,000 |
| Allowance for loan losses | 8,327,000 | 8,952,000 | 9,586,000 | 10,211,000 |
| Securities available for sale | 80,458,000 | 97,728,000 | 80,762,000 | 81,875,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 704,439,000 | 671,641,000 | 708,806,000 | 719,001,000 |
| Interest-bearing deposits | 538,199,000 | 511,576,000 | 548,781,000 | 557,505,000 |
| Noninterest-bearing deposits | 166,240,000 | 160,065,000 | 160,025,000 | 161,496,000 |
| Equity capital | 80,904,000 | 83,790,000 | 86,803,000 | 87,682,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 8,694,000 | 17,395,000 | 26,789,000 | 36,614,000 |
| Interest expense | 901,000 | 1,713,000 | 2,568,000 | 3,459,000 |
| Net interest income | 7,793,000 | 15,682,000 | 24,221,000 | 33,155,000 |
| Noninterest income | 4,106,000 | 10,358,000 | 17,392,000 | 22,577,000 |
| Noninterest expense | 8,474,000 | 17,369,000 | 27,208,000 | 36,582,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 1,800,000 | 2,400,000 |
| Pretax income | 2,825,000 | 7,471,000 | 12,751,000 | 16,896,000 |
| Income tax | 1,033,000 | 2,713,000 | 4,426,000 | 5,905,000 |
| Net income | 1,792,000 | 4,758,000 | 8,325,000 | 10,991,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,820,000 | 79,431,000 | 82,604,000 | 84,876,000 |
| Total capital | 84,198,000 | 87,222,000 | 91,077,000 | 93,309,000 |
| Risk-weighted assets | 589,131,000 | 621,982,000 | 676,586,000 | 672,662,000 |