Call reports 2016
STATE BANK OF BELLINGHAM — 2016
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 47,208,000 | 47,522,000 | 49,249,000 | 49,147,000 |
| Total loans | 43,075,000 | 44,185,000 | 45,557,000 | 44,968,000 |
| Allowance for loan losses | 315,000 | 321,000 | 327,000 | 333,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,451,000 | 1,451,000 | 1,605,000 | 1,604,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,466,000 | 36,666,000 | 34,800,000 | 36,092,000 |
| Interest-bearing deposits | 32,928,000 | 33,309,000 | 31,833,000 | 31,292,000 |
| Noninterest-bearing deposits | 3,538,000 | 3,357,000 | 2,967,000 | 4,800,000 |
| Equity capital | 4,428,000 | 4,789,000 | 4,979,000 | 5,239,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 558,000 | 1,125,000 | 1,714,000 | 2,300,000 |
| Interest expense | 84,000 | 169,000 | 256,000 | 343,000 |
| Net interest income | 474,000 | 956,000 | 1,458,000 | 1,957,000 |
| Noninterest income | 2,000 | 306,000 | 308,000 | 336,000 |
| Noninterest expense | 202,000 | 368,000 | 549,000 | 711,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 268,000 | 882,000 | 1,199,000 | 1,558,000 |
| Income tax | 0 | 253,000 | 380,000 | 100,000 |
| Net income | 268,000 | 629,000 | 819,000 | 1,458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,428,000 | 4,789,000 | 4,979,000 | 5,239,000 |
| Total capital | 4,743,000 | 5,110,000 | 5,306,000 | 5,572,000 |
| Risk-weighted assets | 38,827,000 | 39,380,000 | 40,819,000 | 40,808,000 |