Call reports 2002
WASHINGTON STATE BANK, NATIONAL ASSOCIATION — 2002
What WASHINGTON STATE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 50,668,000 | 53,388,000 | 56,285,000 | 55,374,000 |
| Total loans | 38,471,000 | 44,574,000 | 44,414,000 | 41,015,000 |
| Allowance for loan losses | 481,000 | 519,000 | 556,000 | 402,000 |
| Securities available for sale | 3,460,000 | 2,656,000 | 2,657,000 | 3,036,000 |
| Securities held to maturity | 501,000 | 501,000 | 201,000 | 201,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,814,000 | 44,786,000 | 47,753,000 | 48,247,000 |
| Interest-bearing deposits | 39,224,000 | 38,367,000 | 41,123,000 | 40,665,000 |
| Noninterest-bearing deposits | 5,590,000 | 6,419,000 | 6,630,000 | 7,582,000 |
| Equity capital | 3,225,000 | 5,004,000 | 4,926,000 | 5,040,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 837,000 | 1,733,000 | 2,639,000 | 3,596,000 |
| Interest expense | 402,000 | 766,000 | 1,129,000 | 1,460,000 |
| Net interest income | 435,000 | 967,000 | 1,510,000 | 2,136,000 |
| Noninterest income | 32,000 | 78,000 | 132,000 | 159,000 |
| Noninterest expense | 514,000 | 1,035,000 | 1,571,000 | 2,113,000 |
| Provision for loan losses | 0 | 35,000 | 174,000 | 214,000 |
| Pretax income | -47,000 | -25,000 | -103,000 | -32,000 |
| Income tax | 0 | 0 | 0 | -29,000 |
| Net income | -47,000 | -25,000 | -103,000 | -3,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,198,000 | 4,940,000 | 4,862,000 | 5,016,000 |
| Total capital | 3,664,000 | 5,459,000 | 5,396,000 | 5,418,000 |
| Risk-weighted assets | 37,295,000 | 42,650,000 | 42,711,000 | 40,230,000 |