Call reports 2020
FIRST FEDERAL SAVINGS BANK OF WASHINGTON — 2020
What FIRST FEDERAL SAVINGS BANK OF WASHINGTON reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 77,410,000 | 79,856,000 | 78,063,000 | 77,021,000 |
| Total loans | 56,191,000 | 56,217,000 | 56,763,000 | 54,242,000 |
| Allowance for loan losses | 143,000 | 158,000 | 173,000 | 190,000 |
| Securities available for sale | 0 | 0 | 2,356,000 | 2,975,000 |
| Securities held to maturity | 2,681,000 | 2,633,000 | 1,000,000 | 968,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,826,000 | 66,268,000 | 64,497,000 | 65,533,000 |
| Interest-bearing deposits | 55,872,000 | 57,511,000 | 55,233,000 | 56,041,000 |
| Noninterest-bearing deposits | 7,954,000 | 8,757,000 | 9,264,000 | 9,492,000 |
| Equity capital | 9,411,000 | 9,407,000 | 9,387,000 | 9,360,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 743,000 | 1,447,000 | 2,110,000 | 2,782,000 |
| Interest expense | 209,000 | 388,000 | 534,000 | 650,000 |
| Net interest income | 534,000 | 1,059,000 | 1,576,000 | 2,132,000 |
| Noninterest income | 22,000 | 44,000 | 61,000 | 102,000 |
| Noninterest expense | 576,000 | 1,118,000 | 1,669,000 | 2,290,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | -35,000 | -45,000 | -77,000 | -116,000 |
| Income tax | -13,000 | -19,000 | -31,000 | -43,000 |
| Net income | -22,000 | -26,000 | -46,000 | -73,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,291,000 | 9,287,000 | 9,267,000 | 9,210,000 |
| Total capital | 9,434,000 | 9,445,000 | 9,440,000 | — |
| Risk-weighted assets | 42,430,000 | 43,802,000 | 41,732,000 | — |