Call reports 2024
BANK OF WASHINGTON — 2024
What BANK OF WASHINGTON reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,067,830,000 | 1,088,007,000 | 1,110,143,000 | 1,169,110,000 |
| Total loans | 946,870,000 | 972,582,000 | 987,580,000 | 1,036,349,000 |
| Allowance for loan losses | 15,795,000 | 17,299,000 | 17,343,000 | 14,643,000 |
| Securities available for sale | 23,372,000 | 24,810,000 | 24,712,000 | 22,751,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 876,110,000 | 855,452,000 | 844,870,000 | 906,163,000 |
| Interest-bearing deposits | 717,214,000 | 690,888,000 | 678,303,000 | 728,330,000 |
| Noninterest-bearing deposits | 158,896,000 | 164,564,000 | 166,567,000 | 177,833,000 |
| Equity capital | 129,773,000 | 133,296,000 | 137,039,000 | 136,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 18,861,000 | 37,763,000 | 57,215,000 | 76,448,000 |
| Interest expense | 6,266,000 | 12,323,000 | 18,667,000 | 24,750,000 |
| Net interest income | 12,595,000 | 25,440,000 | 38,548,000 | 51,698,000 |
| Noninterest income | 708,000 | 1,520,000 | 3,010,000 | 3,754,000 |
| Noninterest expense | 6,939,000 | 13,893,000 | 21,262,000 | 28,500,000 |
| Provision for loan losses | 886,000 | 2,418,000 | 4,547,000 | 10,214,000 |
| Pretax income | 5,164,000 | 10,667,000 | 15,696,000 | 16,737,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,164,000 | 10,667,000 | 15,696,000 | 16,737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 131,738,000 | 135,265,000 | 138,228,000 | 138,110,000 |