Call reports 2021
STATE BANK OF BELLINGHAM — 2021
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 53,136,000 | 54,597,000 | 52,943,000 | 53,085,000 |
| Total loans | 26,865,000 | 28,594,000 | 27,882,000 | 26,527,000 |
| Allowance for loan losses | 502,000 | 502,000 | 502,000 | 502,000 |
| Securities available for sale | 17,502,000 | 14,489,000 | 19,428,000 | 20,021,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,751,000 | 43,882,000 | 42,260,000 | 42,400,000 |
| Interest-bearing deposits | 39,130,000 | 34,418,000 | 38,359,000 | 36,852,000 |
| Noninterest-bearing deposits | 3,621,000 | 9,464,000 | 3,901,000 | 5,548,000 |
| Equity capital | 6,045,000 | 6,376,000 | 6,352,000 | 6,375,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 380,000 | 746,000 | 1,120,000 | 1,500,000 |
| Interest expense | 139,000 | 271,000 | 397,000 | 505,000 |
| Net interest income | 241,000 | 475,000 | 723,000 | 995,000 |
| Noninterest income | 3,000 | 8,000 | 10,000 | 13,000 |
| Noninterest expense | 204,000 | 470,000 | 674,000 | 888,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 43,000 | 17,000 | 65,000 | 127,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 43,000 | 17,000 | 65,000 | 127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,362,000 | 6,336,000 | 6,365,000 | 6,426,000 |
| Total capital | 6,864,000 | 6,838,000 | 6,861,000 | 6,928,000 |
| Risk-weighted assets | 39,402,000 | 41,060,000 | 39,746,000 | 38,975,000 |