Call reports 2015
STATE BANK OF BELLINGHAM — 2015
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 43,961,000 | 45,610,000 | 46,056,000 | 48,257,000 |
| Total loans | 40,399,000 | 42,214,000 | 42,702,000 | 43,609,000 |
| Allowance for loan losses | 291,000 | 297,000 | 303,000 | 309,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,371,000 | 1,370,000 | 1,370,000 | 1,370,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,845,000 | 36,523,000 | 34,388,000 | 36,372,000 |
| Interest-bearing deposits | 31,791,000 | 31,754,000 | 31,468,000 | 31,203,000 |
| Noninterest-bearing deposits | 4,054,000 | 4,769,000 | 2,920,000 | 5,169,000 |
| Equity capital | 3,800,000 | 4,026,000 | 4,245,000 | 4,310,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 512,000 | 1,055,000 | 1,609,000 | 2,176,000 |
| Interest expense | 77,000 | 153,000 | 232,000 | 312,000 |
| Net interest income | 435,000 | 902,000 | 1,377,000 | 1,864,000 |
| Noninterest income | 6,000 | 11,000 | 14,000 | 16,000 |
| Noninterest expense | 191,000 | 359,000 | 513,000 | 690,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 244,000 | 542,000 | 860,000 | 1,166,000 |
| Income tax | 72,000 | 144,000 | 243,000 | 484,000 |
| Net income | 172,000 | 398,000 | 617,000 | 682,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,800,000 | 4,026,000 | 4,245,000 | 4,310,000 |
| Total capital | 4,091,000 | 4,323,000 | 4,548,000 | 4,619,000 |
| Risk-weighted assets | 34,980,000 | 37,637,000 | 37,874,000 | 40,516,000 |