Call reports 2003
BANK OF WASHINGTON — 2003
What BANK OF WASHINGTON reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 344,038,000 | 329,640,000 | 329,434,000 | 380,740,000 |
| Total loans | 287,793,000 | 268,420,000 | 272,731,000 | 284,501,000 |
| Allowance for loan losses | 3,321,000 | 3,081,000 | 3,103,000 | 3,270,000 |
| Securities available for sale | 39,989,000 | 41,361,000 | 41,291,000 | 68,502,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 254,400,000 | 245,475,000 | 241,237,000 | 277,265,000 |
| Interest-bearing deposits | 220,192,000 | 209,111,000 | 202,244,000 | 237,609,000 |
| Noninterest-bearing deposits | 34,208,000 | 36,364,000 | 38,993,000 | 39,656,000 |
| Equity capital | 74,569,000 | 73,228,000 | 73,066,000 | 68,570,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 5,076,000 | 9,964,000 | 14,763,000 | 19,567,000 |
| Interest expense | 1,226,000 | 2,297,000 | 3,271,000 | 4,283,000 |
| Net interest income | 3,850,000 | 7,667,000 | 11,492,000 | 15,284,000 |
| Noninterest income | 473,000 | 1,044,000 | 1,626,000 | 2,320,000 |
| Noninterest expense | 2,377,000 | 4,712,000 | 7,128,000 | 9,595,000 |
| Provision for loan losses | 55,000 | -39,000 | 15,000 | 230,000 |
| Pretax income | 1,891,000 | 4,033,000 | 5,980,000 | 7,784,000 |
| Income tax | 643,000 | 1,347,000 | 2,069,000 | 2,639,000 |
| Net income | 1,248,000 | 2,686,000 | 3,911,000 | 5,145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,915,000 | 72,322,000 | 72,548,000 | 68,125,000 |
| Total capital | 77,341,000 | 75,509,000 | 75,781,000 | 71,540,000 |
| Risk-weighted assets | 274,048,000 | 254,932,000 | 258,570,000 | 279,661,000 |