Call reports 2021
FIRST FEDERAL SAVINGS BANK OF WASHINGTON — 2021
What FIRST FEDERAL SAVINGS BANK OF WASHINGTON reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 79,130,000 | 78,504,000 | 75,576,000 | 76,954,000 |
| Total loans | 52,299,000 | 50,776,000 | 49,236,000 | 49,663,000 |
| Allowance for loan losses | 205,000 | 220,000 | 215,000 | 249,000 |
| Securities available for sale | 2,923,000 | 3,511,000 | 4,405,000 | 5,677,000 |
| Securities held to maturity | 879,000 | 845,000 | 738,000 | 728,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,599,000 | 68,902,000 | 65,885,000 | 67,317,000 |
| Interest-bearing deposits | 58,067,000 | 58,877,000 | 55,442,000 | 57,353,000 |
| Noninterest-bearing deposits | 11,532,000 | 10,025,000 | 10,443,000 | 9,964,000 |
| Equity capital | 9,410,000 | 9,502,000 | 9,553,000 | 9,497,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 713,000 | 1,375,000 | 2,028,000 | 2,679,000 |
| Interest expense | 65,000 | 117,000 | 160,000 | 199,000 |
| Net interest income | 648,000 | 1,258,000 | 1,868,000 | 2,480,000 |
| Noninterest income | 19,000 | 46,000 | 66,000 | 84,000 |
| Noninterest expense | 564,000 | 1,095,000 | 1,682,000 | 2,318,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 68,000 |
| Pretax income | 88,000 | 179,000 | 207,000 | 178,000 |
| Income tax | 18,000 | 31,000 | 40,000 | 27,000 |
| Net income | 70,000 | 148,000 | 167,000 | 151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,290,000 | 9,366,000 | 9,385,000 | 9,377,000 |