Call reports 2013
STATE BANK OF BELLINGHAM — 2013
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 38,276,000 | 37,064,000 | 38,346,000 | 41,142,000 |
| Total loans | 30,805,000 | 33,296,000 | 34,486,000 | 37,416,000 |
| Allowance for loan losses | 252,000 | 255,000 | 258,000 | 261,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,378,000 | 1,375,000 | 1,374,000 | 1,373,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,128,000 | 33,790,000 | 33,747,000 | 33,146,000 |
| Interest-bearing deposits | 30,734,000 | 30,219,000 | 29,818,000 | 28,938,000 |
| Noninterest-bearing deposits | 4,394,000 | 3,571,000 | 3,929,000 | 4,208,000 |
| Equity capital | 3,070,000 | 3,205,000 | 3,329,000 | 3,425,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 408,000 | 834,000 | 1,284,000 | 1,760,000 |
| Interest expense | 83,000 | 162,000 | 238,000 | 314,000 |
| Net interest income | 325,000 | 672,000 | 1,046,000 | 1,446,000 |
| Noninterest income | 5,000 | 11,000 | 14,000 | 18,000 |
| Noninterest expense | 162,000 | 305,000 | 484,000 | 716,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 165,000 | 372,000 | 567,000 | 736,000 |
| Income tax | 72,000 | 144,000 | 216,000 | 288,000 |
| Net income | 93,000 | 228,000 | 351,000 | 448,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,070,000 | 3,205,000 | 3,329,000 | 3,425,000 |
| Total capital | 3,322,000 | 3,460,000 | 3,587,000 | 3,686,000 |
| Risk-weighted assets | 26,328,000 | 28,368,000 | 29,780,000 | 32,639,000 |