Call reports 2023
WASHINGTON SAVINGS BANK — 2023
What WASHINGTON SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 280,346,000 | 282,829,000 | 282,337,000 | 287,386,000 |
| Total loans | 230,579,000 | 229,964,000 | 232,059,000 | 234,964,000 |
| Allowance for loan losses | 2,008,000 | 1,841,000 | 1,615,000 | 1,616,000 |
| Securities available for sale | 27,008,000 | 26,924,000 | 26,764,000 | 28,238,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,374,000 | 244,974,000 | 239,276,000 | 232,235,000 |
| Interest-bearing deposits | 208,074,000 | 208,824,000 | 205,885,000 | 201,802,000 |
| Noninterest-bearing deposits | 37,300,000 | 36,150,000 | 33,391,000 | 30,433,000 |
| Equity capital | 23,562,000 | 25,150,000 | 25,040,000 | 26,042,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,467,000 | 5,111,000 | 7,731,000 | 10,508,000 |
| Interest expense | 654,000 | 1,447,000 | 2,335,000 | 3,488,000 |
| Net interest income | 1,813,000 | 3,664,000 | 5,396,000 | 7,020,000 |
| Noninterest income | 220,000 | 431,000 | 661,000 | 886,000 |
| Noninterest expense | 1,868,000 | 3,913,000 | 5,639,000 | 7,339,000 |
| Provision for loan losses | 18,000 | -170,000 | -170,000 | -170,000 |
| Pretax income | 147,000 | 352,000 | 588,000 | 747,000 |
| Income tax | 25,000 | 64,000 | 103,000 | 128,000 |
| Net income | 122,000 | 288,000 | 485,000 | 619,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,797,000 | 27,962,000 | 28,276,000 | 28,409,000 |
| Total capital | 29,823,000 | 29,835,000 | 29,986,000 | 30,110,000 |
| Risk-weighted assets | 162,097,000 | 162,132,000 | 164,186,000 | 168,100,000 |