Call reports 2008
WASHINGTON STATE BANK — 2008
What WASHINGTON STATE 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 | 209,789,000 | 209,993,000 | 204,778,000 | 209,379,000 |
| Total loans | 147,809,000 | 145,057,000 | 146,080,000 | 143,684,000 |
| Allowance for loan losses | 2,175,000 | 2,181,000 | 2,083,000 | 2,336,000 |
| Securities available for sale | 47,831,000 | 47,648,000 | 45,398,000 | 45,161,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,190,000 | 167,713,000 | 163,100,000 | 167,493,000 |
| Interest-bearing deposits | 147,617,000 | 149,439,000 | 144,138,000 | 144,669,000 |
| Noninterest-bearing deposits | 18,573,000 | 18,274,000 | 18,962,000 | 22,824,000 |
| Equity capital | 26,425,000 | 26,337,000 | 27,198,000 | 26,513,000 |
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 | 3,216,000 | 6,338,000 | 9,421,000 | 12,444,000 |
| Interest expense | 1,552,000 | 2,965,000 | 4,268,000 | 5,461,000 |
| Net interest income | 1,664,000 | 3,373,000 | 5,153,000 | 6,983,000 |
| Noninterest income | 257,000 | 511,000 | 642,000 | 981,000 |
| Noninterest expense | 718,000 | 1,529,000 | 2,274,000 | 3,533,000 |
| Provision for loan losses | 975,000 | 1,300,000 | 1,475,000 | 2,075,000 |
| Pretax income | 228,000 | 1,313,000 | 2,342,000 | 2,652,000 |
| Income tax | 26,000 | 362,000 | 687,000 | 745,000 |
| Net income | 202,000 | 951,000 | 1,655,000 | 1,907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,777,000 | 26,536,000 | 27,239,000 | 26,102,000 |
| Total capital | 27,473,000 | 28,209,000 | 28,926,000 | 27,766,000 |
| Risk-weighted assets | 134,469,000 | 133,320,000 | 133,801,000 | 132,476,000 |