Call reports 2024
STATE BANK OF BELLINGHAM — 2024
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 53,577,000 | 52,404,000 | 52,562,000 | 50,811,000 |
| Total loans | 28,221,000 | 28,293,000 | 28,549,000 | 27,629,000 |
| Allowance for loan losses | 295,000 | 295,000 | 295,000 | 294,000 |
| Securities available for sale | 7,294,000 | 7,234,000 | 6,874,000 | 6,652,000 |
| Securities held to maturity | 13,550,000 | 13,512,000 | 13,439,000 | 13,380,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,132,000 | 42,401,000 | 42,226,000 | 41,885,000 |
| Interest-bearing deposits | 37,205,000 | 28,973,000 | 27,927,000 | 28,658,000 |
| Noninterest-bearing deposits | 4,927,000 | 13,428,000 | 14,299,000 | 13,227,000 |
| Equity capital | 4,442,000 | 4,453,000 | 4,802,000 | 4,869,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 623,000 | 1,285,000 | 1,926,000 | 2,713,000 |
| Interest expense | 373,000 | 775,000 | 1,171,000 | 1,564,000 |
| Net interest income | 250,000 | 510,000 | 755,000 | 1,149,000 |
| Noninterest income | 7,000 | -49,000 | 42,000 | 44,000 |
| Noninterest expense | 210,000 | 441,000 | 677,000 | 888,000 |
| Provision for loan losses | 0 | 0 | 0 | -1,000 |
| Pretax income | 47,000 | 18,000 | 119,000 | 305,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 47,000 | 18,000 | 119,000 | 305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,895,000 | 6,866,000 | 6,968,000 | 7,154,000 |
| Total capital | 7,190,000 | 7,161,000 | 7,263,000 | 7,449,000 |
| Risk-weighted assets | 37,753,000 | 34,727,000 | 34,879,000 | 32,915,000 |