Call reports 2014
WASHINGTON STATE BANK — 2014
What WASHINGTON STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 236,736,000 | 232,984,000 | 241,536,000 | 236,617,000 |
| Total loans | 137,154,000 | 138,623,000 | 145,746,000 | 151,561,000 |
| Allowance for loan losses | 2,837,000 | 2,855,000 | 2,729,000 | 2,704,000 |
| Securities available for sale | 76,418,000 | 72,670,000 | 73,431,000 | 64,392,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 195,842,000 | 189,589,000 | 187,871,000 | 186,390,000 |
| Interest-bearing deposits | 161,096,000 | 157,644,000 | 154,412,000 | 151,204,000 |
| Noninterest-bearing deposits | 34,746,000 | 31,945,000 | 33,459,000 | 35,186,000 |
| Equity capital | 31,916,000 | 32,824,000 | 33,567,000 | 32,458,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,052,000 | 4,104,000 | 6,209,000 | 8,366,000 |
| Interest expense | 325,000 | 653,000 | 983,000 | 1,297,000 |
| Net interest income | 1,727,000 | 3,451,000 | 5,226,000 | 7,069,000 |
| Noninterest income | 289,000 | 520,000 | 732,000 | 911,000 |
| Noninterest expense | 915,000 | 1,856,000 | 2,810,000 | 4,148,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,101,000 | 2,115,000 | 3,148,000 | 3,877,000 |
| Income tax | 337,000 | 649,000 | 966,000 | 1,158,000 |
| Net income | 764,000 | 1,466,000 | 2,182,000 | 2,719,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,966,000 | 32,669,000 | 33,385,000 | 32,275,000 |
| Total capital | 33,677,000 | 34,382,000 | 35,172,000 | 34,089,000 |
| Risk-weighted assets | 135,789,000 | 135,905,000 | 142,077,000 | 144,269,000 |