Call reports 2019
WASHINGTON STATE BANK — 2019
What WASHINGTON STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 326,292,000 | 332,073,000 | 330,130,000 | 329,224,000 |
| Total loans | 223,815,000 | 226,678,000 | 224,760,000 | 225,179,000 |
| Allowance for loan losses | 2,525,000 | 2,469,000 | 2,349,000 | 2,266,000 |
| Securities available for sale | 78,574,000 | 82,979,000 | 83,823,000 | 83,036,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,739,000 | 265,483,000 | 259,766,000 | 258,107,000 |
| Interest-bearing deposits | 208,598,000 | 212,027,000 | 207,562,000 | 206,376,000 |
| Noninterest-bearing deposits | 53,141,000 | 53,456,000 | 52,204,000 | 51,731,000 |
| Equity capital | 40,309,000 | 42,419,000 | 43,882,000 | 42,934,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,292,000 | 6,696,000 | 10,057,000 | 13,416,000 |
| Interest expense | 651,000 | 1,370,000 | 2,120,000 | 2,851,000 |
| Net interest income | 2,641,000 | 5,326,000 | 7,937,000 | 10,565,000 |
| Noninterest income | 335,000 | 671,000 | 995,000 | 1,333,000 |
| Noninterest expense | 1,634,000 | 3,299,000 | 4,957,000 | 6,608,000 |
| Provision for loan losses | 30,000 | 60,000 | 110,000 | 140,000 |
| Pretax income | 1,305,000 | 2,641,000 | 3,919,000 | 5,198,000 |
| Income tax | 217,000 | 447,000 | 647,000 | 843,000 |
| Net income | 1,088,000 | 2,194,000 | 3,272,000 | 4,355,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,888,000 | 41,996,000 | 43,078,000 | 42,232,000 |
| Total capital | 43,413,000 | 44,465,000 | 45,427,000 | 44,498,000 |
| Risk-weighted assets | 222,410,000 | 225,096,000 | 225,615,000 | 226,023,000 |