Call reports 2008
WHIDBEY ISLAND BANK — 2008
What WHIDBEY ISLAND BANK 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 | 892,237,000 | 902,591,000 | 910,803,000 | 898,044,000 |
| Total loans | 815,446,000 | 825,162,000 | 824,084,000 | 825,964,000 |
| Allowance for loan losses | 11,404,000 | 11,585,000 | 11,488,000 | 12,250,000 |
| Securities available for sale | 12,494,000 | 11,310,000 | 10,781,000 | 17,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 747,480,000 | 733,643,000 | 783,094,000 | 748,075,000 |
| Interest-bearing deposits | 647,742,000 | 641,104,000 | 693,558,000 | 655,738,000 |
| Noninterest-bearing deposits | 99,738,000 | 92,539,000 | 89,536,000 | 92,337,000 |
| Equity capital | 97,746,000 | 100,534,000 | 102,975,000 | 104,212,000 |
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 | 15,558,000 | 30,133,000 | 44,751,000 | 58,935,000 |
| Interest expense | 5,599,000 | 10,501,000 | 15,187,000 | 19,580,000 |
| Net interest income | 9,959,000 | 19,632,000 | 29,564,000 | 39,355,000 |
| Noninterest income | 1,747,000 | 3,331,000 | 5,082,000 | 6,585,000 |
| Noninterest expense | 6,616,000 | 12,616,000 | 19,816,000 | 26,245,000 |
| Provision for loan losses | 1,025,000 | 2,075,000 | 3,150,000 | 5,050,000 |
| Pretax income | 4,065,000 | 8,272,000 | 11,680,000 | 14,645,000 |
| Income tax | 1,304,000 | 2,700,000 | 3,825,000 | 4,762,000 |
| Net income | 2,761,000 | 5,572,000 | 7,855,000 | 9,883,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,516,000 | 100,418,000 | 102,878,000 | 103,911,000 |
| Total capital | 108,560,000 | 111,501,000 | 113,855,000 | 114,890,000 |
| Risk-weighted assets | 883,340,000 | 886,297,000 | 877,769,000 | 877,094,000 |