Call reports 2024
WASHINGTON SAVINGS BANK — 2024
What WASHINGTON SAVINGS BANK 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 | 285,119,000 | 285,060,000 | 286,013,000 | 289,680,000 |
| Total loans | 230,948,000 | 229,536,000 | 229,471,000 | 234,829,000 |
| Allowance for loan losses | 1,553,000 | 1,552,000 | 1,551,000 | 1,549,000 |
| Securities available for sale | 29,901,000 | 29,312,000 | 31,738,000 | 30,871,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,123,000 | 229,248,000 | 229,401,000 | 230,196,000 |
| Interest-bearing deposits | 198,287,000 | 197,694,000 | 198,181,000 | 199,876,000 |
| Noninterest-bearing deposits | 31,836,000 | 31,554,000 | 31,220,000 | 30,320,000 |
| Equity capital | 25,917,000 | 26,548,000 | 27,143,000 | 26,709,000 |
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 | 2,810,000 | 5,723,000 | 8,616,000 | 11,569,000 |
| Interest expense | 1,284,000 | 2,631,000 | 4,066,000 | 5,527,000 |
| Net interest income | 1,526,000 | 3,092,000 | 4,550,000 | 6,042,000 |
| Noninterest income | 215,000 | 436,000 | 665,000 | 893,000 |
| Noninterest expense | 1,769,000 | 3,415,000 | 5,116,000 | 6,866,000 |
| Provision for loan losses | -60,000 | -60,000 | -60,000 | -60,000 |
| Pretax income | 25,000 | 169,000 | 166,000 | 135,000 |
| Income tax | 2,000 | 33,000 | 30,000 | 24,000 |
| Net income | 23,000 | 136,000 | 136,000 | 111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,432,000 | 28,546,000 | 28,545,000 | 28,520,000 |
| Total capital | 30,078,000 | 30,188,000 | 30,175,000 | 30,149,000 |
| Risk-weighted assets | 165,066,000 | 164,694,000 | 166,074,000 | 169,769,000 |