Call reports 2020
STATE BANK OF BELLINGHAM — 2020
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 49,090,000 | 49,683,000 | 52,424,000 | 53,290,000 |
| Total loans | 32,667,000 | 29,967,000 | 29,040,000 | 27,269,000 |
| Allowance for loan losses | 494,000 | 500,000 | 502,000 | 502,000 |
| Securities available for sale | 10,295,000 | 8,549,000 | 15,679,000 | 9,797,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,400,000 | 38,867,000 | 41,663,000 | 42,473,000 |
| Interest-bearing deposits | 35,139,000 | 35,742,000 | 37,789,000 | 37,306,000 |
| Noninterest-bearing deposits | 3,261,000 | 3,125,000 | 3,874,000 | 5,167,000 |
| Equity capital | 6,316,000 | 6,433,000 | 6,382,000 | 6,461,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 549,000 | 949,000 | 1,378,000 | 1,792,000 |
| Interest expense | 200,000 | 394,000 | 573,000 | 734,000 |
| Net interest income | 349,000 | 555,000 | 805,000 | 1,058,000 |
| Noninterest income | 3,000 | 7,000 | 10,000 | 12,000 |
| Noninterest expense | 241,000 | 499,000 | 740,000 | 953,000 |
| Provision for loan losses | 6,000 | 12,000 | 14,000 | 14,000 |
| Pretax income | 107,000 | 359,000 | 369,000 | 417,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 107,000 | 359,000 | 369,000 | 417,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,187,000 | 6,433,000 | 6,382,000 | 6,349,000 |
| Total capital | 6,681,000 | 6,933,000 | 6,874,000 | 6,851,000 |
| Risk-weighted assets | 39,589,000 | 35,361,000 | 39,393,000 | 36,229,000 |