Call reports 2020
1ST SECURITY BANK OF WASHINGTON — 2020
What 1ST SECURITY BANK OF WASHINGTON reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,846,785,000 | 2,008,144,000 | 2,053,751,000 | 2,113,056,000 |
| Total loans | 1,525,586,000 | 1,605,368,000 | 1,731,473,000 | 1,737,618,000 |
| Allowance for loan losses | 16,872,000 | 21,525,000 | 24,799,000 | 26,172,000 |
| Securities available for sale | 156,466,000 | 168,709,000 | 173,101,000 | 178,018,000 |
| Securities held to maturity | 0 | 0 | 5,500,000 | 7,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,461,005,000 | 1,618,253,000 | 1,635,138,000 | 1,697,593,000 |
| Interest-bearing deposits | 1,418,863,000 | 1,587,088,000 | 1,256,440,000 | 1,311,269,000 |
| Noninterest-bearing deposits | 42,142,000 | 31,165,000 | 378,698,000 | 386,324,000 |
| Equity capital | 203,727,000 | 214,363,000 | 217,203,000 | 225,484,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 22,096,000 | 44,119,000 | 66,488,000 | 89,667,000 |
| Interest expense | 4,392,000 | 8,105,000 | 11,263,000 | 14,101,000 |
| Net interest income | 17,704,000 | 36,014,000 | 55,225,000 | 75,566,000 |
| Noninterest income | 7,907,000 | 20,389,000 | 37,071,000 | 50,605,000 |
| Noninterest expense | 15,209,000 | 28,599,000 | 45,105,000 | 62,614,000 |
| Provision for loan losses | 3,686,000 | 8,335,000 | 11,435,000 | 13,036,000 |
| Pretax income | 6,716,000 | 19,651,000 | 36,056,000 | 50,821,000 |
| Income tax | 1,374,000 | 4,119,000 | 7,636,000 | 10,790,000 |
| Net income | 5,342,000 | 15,532,000 | 28,420,000 | 40,031,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 194,315,000 | 203,613,000 | 206,678,000 | 215,887,000 |