Call reports 2012
STATE BANK OF BELLINGHAM — 2012
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 34,790,000 | 35,115,000 | 35,113,000 | 37,303,000 |
| Total loans | 30,403,000 | 31,255,000 | 30,864,000 | 33,673,000 |
| Allowance for loan losses | 240,000 | 243,000 | 246,000 | 249,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,383,000 | 1,380,000 | 1,378,000 | 1,377,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,984,000 | 32,231,000 | 32,053,000 | 32,632,000 |
| Interest-bearing deposits | 29,110,000 | 29,460,000 | 29,052,000 | 28,809,000 |
| Noninterest-bearing deposits | 2,874,000 | 2,771,000 | 3,001,000 | 3,823,000 |
| Equity capital | 2,653,000 | 2,786,000 | 2,959,000 | 3,077,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 479,000 | 974,000 | 1,466,000 | 1,890,000 |
| Interest expense | 115,000 | 219,000 | 316,000 | 403,000 |
| Net interest income | 364,000 | 755,000 | 1,150,000 | 1,487,000 |
| Noninterest income | 7,000 | 15,000 | 24,000 | 29,000 |
| Noninterest expense | 170,000 | 351,000 | 511,000 | 664,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 198,000 | 413,000 | 654,000 | 840,000 |
| Income tax | 57,000 | 139,000 | 207,000 | 275,000 |
| Net income | 141,000 | 274,000 | 447,000 | 565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,572,000 | 2,786,000 | 2,959,000 | 3,077,000 |
| Total capital | 2,812,000 | 3,029,000 | 3,205,000 | 3,326,000 |
| Risk-weighted assets | 25,262,000 | 26,274,000 | 26,432,000 | 28,340,000 |