Call reports 2008
BANK OF WASHINGTON — 2008
What BANK OF WASHINGTON reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 598,542,000 | 642,230,000 | 693,828,000 | 753,553,000 |
| Total loans | 521,782,000 | 559,625,000 | 603,277,000 | 638,881,000 |
| Allowance for loan losses | 4,984,000 | 7,100,000 | 6,985,000 | 8,788,000 |
| Securities available for sale | 37,694,000 | 37,674,000 | 32,055,000 | 63,982,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 421,382,000 | 443,839,000 | 511,741,000 | 562,659,000 |
| Interest-bearing deposits | 378,026,000 | 399,505,000 | 464,560,000 | 506,407,000 |
| Noninterest-bearing deposits | 43,356,000 | 44,334,000 | 47,181,000 | 56,252,000 |
| Equity capital | 73,390,000 | 70,295,000 | 71,112,000 | 65,815,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 10,392,000 | 20,102,000 | 30,083,000 | 40,226,000 |
| Interest expense | 4,727,000 | 9,010,000 | 13,549,000 | 18,283,000 |
| Net interest income | 5,665,000 | 11,092,000 | 16,534,000 | 21,943,000 |
| Noninterest income | 593,000 | 1,148,000 | 1,679,000 | 2,181,000 |
| Noninterest expense | 3,181,000 | 6,337,000 | 9,433,000 | 12,416,000 |
| Provision for loan losses | 256,000 | 2,286,000 | 2,286,000 | 10,466,000 |
| Pretax income | 2,832,000 | 3,628,000 | 6,512,000 | 1,258,000 |
| Income tax | 14,000 | 33,000 | 44,000 | 64,000 |
| Net income | 2,818,000 | 3,595,000 | 6,468,000 | 1,194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,069,000 | 70,418,000 | 71,320,000 | 65,535,000 |
| Total capital | 78,559,000 | 77,518,000 | 78,305,000 | 73,737,000 |
| Risk-weighted assets | 549,036,000 | 579,622,000 | 617,529,000 | 655,562,000 |