Call reports 2018
STATE BANK OF BELLINGHAM — 2018
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 51,656,000 | 50,232,000 | 52,786,000 | 56,338,000 |
| Total loans | 46,803,000 | 46,038,000 | 47,876,000 | 46,883,000 |
| Allowance for loan losses | 423,000 | 429,000 | 475,000 | 491,000 |
| Securities available for sale | 993,000 | 2,078,000 | 2,079,000 | 5,509,000 |
| Securities held to maturity | 1,506,000 | 421,000 | 421,000 | 173,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,491,000 | 33,321,000 | 32,045,000 | 37,277,000 |
| Interest-bearing deposits | 32,091,000 | 30,244,000 | 29,320,000 | 32,221,000 |
| Noninterest-bearing deposits | 3,400,000 | 3,077,000 | 2,725,000 | 5,056,000 |
| Equity capital | 5,602,000 | 5,338,000 | 5,403,000 | 5,469,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 605,000 | 1,204,000 | 1,801,000 | 2,333,000 |
| Interest expense | 124,000 | 269,000 | 463,000 | 674,000 |
| Net interest income | 481,000 | 935,000 | 1,338,000 | 1,659,000 |
| Noninterest income | 3,000 | 8,000 | 10,000 | -31,000 |
| Noninterest expense | 192,000 | 399,000 | 589,000 | 798,000 |
| Provision for loan losses | 66,000 | 72,000 | 118,000 | 134,000 |
| Pretax income | 226,000 | 472,000 | 641,000 | 696,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 226,000 | 472,000 | 641,000 | 696,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,602,000 | 5,338,000 | 5,403,000 | 5,469,000 |
| Total capital | 6,025,000 | 5,767,000 | 5,878,000 | 5,960,000 |
| Risk-weighted assets | 42,951,000 | 43,755,000 | 45,062,000 | 45,004,000 |