Call reports 2019
STATE BANK OF BELLINGHAM — 2019
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 51,843,000 | 47,515,000 | 48,940,000 | 47,823,000 |
| Total loans | 43,797,000 | 39,801,000 | 37,957,000 | 36,468,000 |
| Allowance for loan losses | 482,000 | 488,000 | 488,000 | 488,000 |
| Securities available for sale | 5,524,000 | 5,672,000 | 6,163,000 | 8,566,000 |
| Securities held to maturity | 173,000 | 173,000 | 173,000 | 173,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,860,000 | 36,770,000 | 38,438,000 | 37,299,000 |
| Interest-bearing deposits | 33,143,000 | 33,311,000 | 34,109,000 | 33,511,000 |
| Noninterest-bearing deposits | 3,717,000 | 3,459,000 | 4,329,000 | 3,788,000 |
| Equity capital | 5,882,000 | 5,883,000 | 6,130,000 | 6,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 779,000 | 1,393,000 | 2,015,000 | 2,582,000 |
| Interest expense | 199,000 | 448,000 | 649,000 | 850,000 |
| Net interest income | 580,000 | 945,000 | 1,366,000 | 1,732,000 |
| Noninterest income | 3,000 | 9,000 | 14,000 | 16,000 |
| Noninterest expense | 200,000 | 472,000 | 718,000 | 935,000 |
| Provision for loan losses | 6,000 | 12,000 | 12,000 | 12,000 |
| Pretax income | 375,000 | 468,000 | 650,000 | 897,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 375,000 | 468,000 | 650,000 | 897,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,827,000 | 5,732,000 | 5,914,000 | 6,079,000 |
| Total capital | 6,309,000 | 6,220,000 | 6,402,000 | 6,558,000 |
| Risk-weighted assets | 40,368,000 | 38,935,000 | 38,333,000 | 39,095,000 |