Call reports 2018
1ST SECURITY BANK OF WASHINGTON — 2018
What 1ST SECURITY BANK OF WASHINGTON reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,043,205,000 | 1,131,714,000 | 1,189,916,000 | 1,621,478,000 |
| Total loans | 868,094,000 | 947,997,000 | 1,014,408,000 | 1,376,067,000 |
| Allowance for loan losses | 11,141,000 | 11,571,000 | 12,045,000 | 12,349,000 |
| Securities available for sale | 91,371,000 | 98,465,000 | 97,374,000 | 97,205,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 867,778,000 | 883,907,000 | 957,381,000 | 1,288,291,000 |
| Interest-bearing deposits | 667,476,000 | 686,099,000 | 754,599,000 | 1,042,438,000 |
| Noninterest-bearing deposits | 200,302,000 | 197,808,000 | 202,782,000 | 245,853,000 |
| Equity capital | 129,302,000 | 133,310,000 | 136,514,000 | 182,874,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 12,669,000 | 26,319,000 | 41,389,000 | 61,040,000 |
| Interest expense | 1,318,000 | 3,234,000 | 5,781,000 | 9,513,000 |
| Net interest income | 11,351,000 | 23,085,000 | 35,608,000 | 51,527,000 |
| Noninterest income | 4,617,000 | 9,913,000 | 14,400,000 | 25,269,000 |
| Noninterest expense | 10,396,000 | 21,825,000 | 32,801,000 | 46,023,000 |
| Provision for loan losses | 350,000 | 800,000 | 1,250,000 | 1,540,000 |
| Pretax income | 5,336,000 | 10,486,000 | 16,070,000 | 29,404,000 |
| Income tax | 856,000 | 1,587,000 | 2,952,000 | 4,398,000 |
| Net income | 4,480,000 | 8,899,000 | 13,118,000 | 25,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 127,466,000 | 131,961,000 | 135,780,000 | 175,824,000 |
| Total capital | 138,125,000 | 143,480,000 | 147,950,000 | 188,472,000 |
| Risk-weighted assets | 852,000,000 | 921,239,000 | 973,507,000 | 1,393,659,000 |