Call reports 2021
1ST SECURITY BANK OF WASHINGTON — 2021
What 1ST SECURITY BANK OF WASHINGTON reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,175,133,000 | 2,221,539,000 | 2,227,072,000 | 2,286,020,000 |
| Total loans | 1,776,741,000 | 1,794,320,000 | 1,823,113,000 | 1,880,021,000 |
| Allowance for loan losses | 27,375,000 | 27,234,000 | 26,925,000 | 25,635,000 |
| Securities available for sale | 201,311,000 | 232,570,000 | 268,802,000 | 271,360,000 |
| Securities held to maturity | 7,500,000 | 7,500,000 | 7,500,000 | 7,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,821,281,000 | 1,892,926,000 | 1,891,395,000 | 1,943,638,000 |
| Interest-bearing deposits | 1,366,447,000 | 1,426,435,000 | 1,417,131,000 | 1,456,289,000 |
| Noninterest-bearing deposits | 454,834,000 | 466,491,000 | 474,264,000 | 487,349,000 |
| Equity capital | 259,513,000 | 265,165,000 | 270,451,000 | 277,390,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 22,802,000 | 46,516,000 | 70,958,000 | 95,390,000 |
| Interest expense | 2,430,000 | 4,516,000 | 6,367,000 | 7,990,000 |
| Net interest income | 20,372,000 | 42,000,000 | 64,591,000 | 87,400,000 |
| Noninterest income | 14,580,000 | 22,223,000 | 30,400,000 | 37,925,000 |
| Noninterest expense | 17,812,000 | 36,049,000 | 55,228,000 | 75,412,000 |
| Provision for loan losses | 1,500,000 | 1,500,000 | 1,500,000 | 500,000 |
| Pretax income | 15,640,000 | 26,674,000 | 38,263,000 | 49,413,000 |
| Income tax | 3,476,000 | 5,530,000 | 8,353,000 | 10,427,000 |
| Net income | 12,164,000 | 21,144,000 | 29,910,000 | 38,986,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 250,906,000 | 257,022,000 | 263,721,000 | 270,765,000 |