Call reports 2025
STATE BANK OF BELLINGHAM — 2025
What STATE BANK OF BELLINGHAM reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 53,506,000 | 48,981,000 | 48,376,000 | 49,624,000 |
| Total loans | 26,392,000 | 26,198,000 | 25,368,000 | 24,929,000 |
| Allowance for loan losses | 294,000 | 294,000 | 294,000 | 294,000 |
| Securities available for sale | 6,521,000 | 6,229,000 | 6,452,000 | 6,520,000 |
| Securities held to maturity | 13,350,000 | 13,316,000 | 13,219,000 | 13,180,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,272,000 | 40,657,000 | 39,720,000 | 40,769,000 |
| Interest-bearing deposits | 39,332,000 | 36,640,000 | 35,933,000 | 35,733,000 |
| Noninterest-bearing deposits | 4,940,000 | 4,017,000 | 3,787,000 | 5,036,000 |
| Equity capital | 4,701,000 | 4,531,000 | 4,896,000 | 5,077,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 619,000 | 1,241,000 | 1,833,000 | 2,411,000 |
| Interest expense | 378,000 | 776,000 | 1,109,000 | 1,440,000 |
| Net interest income | 241,000 | 465,000 | 724,000 | 971,000 |
| Noninterest income | 2,000 | 5,000 | -2,000 | 0 |
| Noninterest expense | 229,000 | 430,000 | 646,000 | 871,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 14,000 | 40,000 | 74,000 | 98,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 14,000 | 40,000 | 74,000 | 98,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,018,000 | 7,043,000 | 7,078,000 | 7,101,000 |
| Total capital | 7,313,000 | 7,338,000 | 7,373,000 | 7,396,000 |
| Risk-weighted assets | 35,777,000 | 31,606,000 | 30,623,000 | 32,564,000 |