Call reports 2020
BANK OF WASHINGTON — 2020
What 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 | 748,636,000 | 827,967,000 | 828,338,000 | 839,965,000 |
| Total loans | 636,551,000 | 710,472,000 | 703,330,000 | 705,314,000 |
| Allowance for loan losses | 12,085,000 | 12,191,000 | 12,574,000 | 13,520,000 |
| Securities available for sale | 41,437,000 | 41,853,000 | 39,362,000 | 37,278,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 579,993,000 | 627,718,000 | 651,988,000 | 700,500,000 |
| Interest-bearing deposits | 477,385,000 | 490,964,000 | 511,048,000 | 540,063,000 |
| Noninterest-bearing deposits | 102,608,000 | 136,754,000 | 140,940,000 | 160,437,000 |
| Equity capital | 98,122,000 | 101,571,000 | 99,055,000 | 99,674,000 |
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 | 8,012,000 | 16,540,000 | 25,094,000 | 34,391,000 |
| Interest expense | 1,569,000 | 2,914,000 | 4,151,000 | 5,280,000 |
| Net interest income | 6,443,000 | 13,626,000 | 20,943,000 | 29,111,000 |
| Noninterest income | 958,000 | 2,734,000 | 4,581,000 | 4,958,000 |
| Noninterest expense | 4,767,000 | 9,482,000 | 14,689,000 | 19,464,000 |
| Provision for loan losses | 308,000 | 617,000 | 929,000 | 1,220,000 |
| Pretax income | 2,326,000 | 6,261,000 | 9,906,000 | 13,385,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,326,000 | 6,261,000 | 9,906,000 | 13,385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,808,000 | 99,943,000 | 97,406,000 | 98,174,000 |
| Total capital | 105,702,000 | 108,808,000 | 106,117,000 | 107,608,000 |
| Risk-weighted assets | 708,340,000 | 705,904,000 | 693,014,000 | 750,612,000 |