Call reports 2019
1ST SECURITY BANK OF WASHINGTON — 2019
What 1ST SECURITY BANK OF WASHINGTON reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,625,690,000 | 1,640,332,000 | 1,693,877,000 | 1,712,897,000 |
| Total loans | 1,341,363,000 | 1,360,993,000 | 1,404,689,000 | 1,419,287,000 |
| Allowance for loan losses | 11,845,000 | 12,339,000 | 12,765,000 | 13,229,000 |
| Securities available for sale | 99,783,000 | 96,251,000 | 106,038,000 | 126,057,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,334,447,000 | 1,346,491,000 | 1,398,541,000 | 1,405,275,000 |
| Interest-bearing deposits | 1,299,756,000 | 1,316,161,000 | 1,361,147,000 | 1,373,770,000 |
| Noninterest-bearing deposits | 34,691,000 | 30,330,000 | 37,394,000 | 31,505,000 |
| Equity capital | 188,805,000 | 193,552,000 | 199,745,000 | 204,570,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 22,128,000 | 44,547,000 | 67,228,000 | 89,172,000 |
| Interest expense | 4,452,000 | 9,106,000 | 13,883,000 | 18,590,000 |
| Net interest income | 17,676,000 | 35,441,000 | 53,345,000 | 70,582,000 |
| Noninterest income | 4,089,000 | 9,168,000 | 14,949,000 | 20,160,000 |
| Noninterest expense | 14,097,000 | 30,233,000 | 43,961,000 | 58,944,000 |
| Provision for loan losses | 750,000 | 1,660,000 | 2,233,000 | 2,880,000 |
| Pretax income | 6,918,000 | 12,748,000 | 22,132,000 | 28,950,000 |
| Income tax | 1,551,000 | 2,766,000 | 4,848,000 | 5,586,000 |
| Net income | 5,367,000 | 9,982,000 | 17,284,000 | 23,364,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 180,902,000 | 184,907,000 | 191,203,000 | 196,013,000 |
| Total capital | 193,032,000 | 197,531,000 | 204,255,000 | 209,535,000 |
| Risk-weighted assets | 1,310,403,000 | 1,341,428,000 | 1,404,699,000 | 1,431,270,000 |