Call reports 2011
STATE BANK OF BELLINGHAM — 2011
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 31,147,000 | 32,805,000 | 32,508,000 | 36,923,000 |
| Total loans | 27,373,000 | 28,200,000 | 29,124,000 | 31,472,000 |
| Allowance for loan losses | 228,000 | 231,000 | 234,000 | 237,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,388,000 | 1,386,000 | 1,386,000 | 1,384,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,538,000 | 30,128,000 | 29,719,000 | 32,928,000 |
| Interest-bearing deposits | 25,727,000 | 27,213,000 | 27,599,000 | 27,388,000 |
| Noninterest-bearing deposits | 2,811,000 | 2,915,000 | 2,120,000 | 5,540,000 |
| Equity capital | 2,456,000 | 2,553,000 | 2,656,000 | 2,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 440,000 | 901,000 | 1,357,000 | 1,832,000 |
| Interest expense | 141,000 | 275,000 | 405,000 | 528,000 |
| Net interest income | 299,000 | 626,000 | 952,000 | 1,304,000 |
| Noninterest income | 8,000 | 18,000 | 27,000 | 34,000 |
| Noninterest expense | 178,000 | 352,000 | 518,000 | 671,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 126,000 | 286,000 | 452,000 | 655,000 |
| Income tax | 63,000 | 126,000 | 189,000 | 536,000 |
| Net income | 63,000 | 160,000 | 263,000 | 119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,456,000 | 2,553,000 | 2,656,000 | 2,431,000 |
| Total capital | 2,684,000 | 2,784,000 | 2,890,000 | 2,668,000 |
| Risk-weighted assets | 21,357,000 | 22,053,000 | 22,596,000 | 25,337,000 |