Call reports 2023
BANK OF WASHINGTON — 2023
What BANK OF WASHINGTON reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,063,156,000 | 1,066,699,000 | 1,077,491,000 | 1,101,979,000 |
| Total loans | 935,201,000 | 946,275,000 | 957,033,000 | 973,169,000 |
| Allowance for loan losses | 15,193,000 | 15,769,000 | 16,781,000 | 14,911,000 |
| Securities available for sale | 27,604,000 | 26,570,000 | 25,283,000 | 25,724,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 817,212,000 | 813,031,000 | 800,329,000 | 845,943,000 |
| Interest-bearing deposits | 640,024,000 | 640,370,000 | 643,192,000 | 682,810,000 |
| Noninterest-bearing deposits | 177,188,000 | 172,661,000 | 157,137,000 | 163,133,000 |
| Equity capital | 117,646,000 | 121,454,000 | 123,892,000 | 126,764,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 15,110,000 | 32,154,000 | 50,113,000 | 68,953,000 |
| Interest expense | 2,810,000 | 7,108,000 | 12,248,000 | 18,297,000 |
| Net interest income | 12,300,000 | 25,046,000 | 37,865,000 | 50,656,000 |
| Noninterest income | 677,000 | 1,346,000 | 2,285,000 | 3,089,000 |
| Noninterest expense | 6,184,000 | 12,504,000 | 18,985,000 | 25,531,000 |
| Provision for loan losses | 467,000 | 1,865,000 | 2,924,000 | 4,034,000 |
| Pretax income | 5,915,000 | 11,610,000 | 17,687,000 | 23,536,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,915,000 | 11,610,000 | 17,687,000 | 23,536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,681,000 | 123,856,000 | 126,848,000 | 128,625,000 |