Call reports 2017
STATE BANK OF BELLINGHAM — 2017
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 48,670,000 | 49,926,000 | 51,136,000 | 52,445,000 |
| Total loans | 45,378,000 | 46,290,000 | 47,324,000 | 48,044,000 |
| Allowance for loan losses | 339,000 | 345,000 | 351,000 | 357,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,610,000 | 1,610,000 | 1,609,000 | 1,607,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,589,000 | 35,574,000 | 34,784,000 | 35,795,000 |
| Interest-bearing deposits | 32,781,000 | 32,135,000 | 31,356,000 | 30,798,000 |
| Noninterest-bearing deposits | 3,808,000 | 3,439,000 | 3,428,000 | 4,997,000 |
| Equity capital | 4,972,000 | 5,293,000 | 5,290,000 | 5,586,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 569,000 | 1,165,000 | 1,776,000 | 2,400,000 |
| Interest expense | 88,000 | 188,000 | 298,000 | 418,000 |
| Net interest income | 481,000 | 977,000 | 1,478,000 | 1,982,000 |
| Noninterest income | 3,000 | 8,000 | 12,000 | 15,000 |
| Noninterest expense | 192,000 | 366,000 | 537,000 | 742,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 286,000 | 607,000 | 935,000 | 1,231,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 286,000 | 607,000 | 935,000 | 1,231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,972,000 | 5,293,000 | 5,290,000 | 5,586,000 |
| Total capital | 5,311,000 | 5,638,000 | 5,641,000 | 5,943,000 |
| Risk-weighted assets | 41,019,000 | 42,024,000 | 43,208,000 | 45,011,000 |