Call reports 2003
WASHINGTON STATE BANK — 2003
What WASHINGTON STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 169,910,000 | 167,341,000 | 166,156,000 | 162,307,000 |
| Total loans | 102,833,000 | 103,888,000 | 107,835,000 | 107,128,000 |
| Allowance for loan losses | 1,380,000 | 1,256,000 | 1,263,000 | 1,443,000 |
| Securities available for sale | 54,190,000 | 49,377,000 | 47,256,000 | 44,368,000 |
| Securities held to maturity | 1,618,000 | 952,000 | 851,000 | 630,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,325,000 | 138,846,000 | 137,701,000 | 135,146,000 |
| Interest-bearing deposits | 122,144,000 | 122,918,000 | 117,184,000 | 115,520,000 |
| Noninterest-bearing deposits | 19,181,000 | 15,928,000 | 20,517,000 | 19,626,000 |
| Equity capital | 19,646,000 | 20,282,000 | 20,749,000 | 20,252,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,271,000 | 4,598,000 | 6,855,000 | 9,160,000 |
| Interest expense | 1,032,000 | 2,013,000 | 2,882,000 | 3,644,000 |
| Net interest income | 1,239,000 | 2,585,000 | 3,973,000 | 5,516,000 |
| Noninterest income | 207,000 | 386,000 | 521,000 | 727,000 |
| Noninterest expense | 582,000 | 1,228,000 | 1,855,000 | 2,715,000 |
| Provision for loan losses | 20,000 | 40,000 | 60,000 | 260,000 |
| Pretax income | 844,000 | 1,748,000 | 2,624,000 | 3,313,000 |
| Income tax | 258,000 | 503,000 | 786,000 | 1,020,000 |
| Net income | 586,000 | 1,245,000 | 1,838,000 | 2,293,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,915,000 | 19,573,000 | 20,167,000 | 19,852,000 |
| Total capital | 20,044,000 | 20,701,000 | 21,331,000 | 21,012,000 |
| Risk-weighted assets | 90,076,000 | 90,124,000 | 92,999,000 | 92,502,000 |