Call reports 2022
STATE BANK OF BELLINGHAM — 2022
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 52,758,000 | 50,691,000 | 47,738,000 | 49,567,000 |
| Total loans | 25,942,000 | 27,454,000 | 25,742,000 | 24,879,000 |
| Allowance for loan losses | 502,000 | 502,000 | 502,000 | 258,000 |
| Securities available for sale | 19,881,000 | 18,224,000 | 16,656,000 | 7,235,000 |
| Securities held to maturity | 0 | 0 | 0 | 13,739,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,346,000 | 42,308,000 | 40,285,000 | 41,390,000 |
| Interest-bearing deposits | 38,161,000 | 36,896,000 | 34,135,000 | 30,878,000 |
| Noninterest-bearing deposits | 5,185,000 | 5,412,000 | 6,150,000 | 10,512,000 |
| Equity capital | 5,116,000 | 4,083,000 | 3,156,000 | 3,861,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 343,000 | 722,000 | 1,139,000 | 1,597,000 |
| Interest expense | 90,000 | 175,000 | 254,000 | 349,000 |
| Net interest income | 253,000 | 547,000 | 885,000 | 1,248,000 |
| Noninterest income | 4,000 | 9,000 | -21,000 | -18,000 |
| Noninterest expense | 173,000 | 380,000 | 584,000 | 820,000 |
| Provision for loan losses | 0 | 0 | 0 | -244,000 |
| Pretax income | 82,000 | 174,000 | 278,000 | 411,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 82,000 | 174,000 | 278,000 | 411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,509,000 | 6,600,000 | 6,705,000 | 6,838,000 |
| Total capital | 7,011,000 | 7,095,000 | 7,200,000 | 7,096,000 |
| Risk-weighted assets | 40,160,000 | 39,632,000 | 39,623,000 | 35,550,000 |