Call reports 2017
1ST SECURITY BANK OF WASHINGTON — 2017
What 1ST SECURITY BANK OF WASHINGTON reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 877,549,000 | 927,857,000 | 992,728,000 | 981,497,000 |
| Total loans | 667,999,000 | 776,508,000 | 829,521,000 | 825,782,000 |
| Allowance for loan losses | 10,147,000 | 10,143,000 | 10,599,000 | 10,756,000 |
| Securities available for sale | 107,241,000 | 78,932,000 | 78,103,000 | 82,480,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 768,899,000 | 793,087,000 | 848,202,000 | 838,942,000 |
| Interest-bearing deposits | 598,017,000 | 618,337,000 | 667,721,000 | 643,250,000 |
| Noninterest-bearing deposits | 170,882,000 | 174,750,000 | 180,481,000 | 195,692,000 |
| Equity capital | 90,059,000 | 94,407,000 | 123,468,000 | 126,542,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 9,553,000 | 20,528,000 | 32,513,000 | 44,842,000 |
| Interest expense | 888,000 | 1,885,000 | 3,041,000 | 4,242,000 |
| Net interest income | 8,665,000 | 18,643,000 | 29,472,000 | 40,600,000 |
| Noninterest income | 5,208,000 | 11,568,000 | 17,516,000 | 22,469,000 |
| Noninterest expense | 9,614,000 | 20,018,000 | 30,883,000 | 41,284,000 |
| Provision for loan losses | 0 | 0 | 450,000 | 750,000 |
| Pretax income | 4,259,000 | 10,430,000 | 16,035,000 | 21,415,000 |
| Income tax | 1,510,000 | 3,197,000 | 5,221,000 | 6,787,000 |
| Net income | 2,749,000 | 7,233,000 | 10,814,000 | 14,628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,682,000 | 90,968,000 | 120,150,000 | 123,651,000 |
| Total capital | 95,360,000 | 100,475,000 | 130,246,000 | 133,967,000 |
| Risk-weighted assets | 692,317,000 | 759,689,000 | 806,956,000 | 824,562,000 |