Call reports 2020
WASHINGTON STATE BANK — 2020
What WASHINGTON STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 365,956,000 | 395,315,000 | 401,141,000 | 421,085,000 |
| Total loans | 247,858,000 | 270,920,000 | 275,827,000 | 286,117,000 |
| Allowance for loan losses | 2,218,000 | 2,223,000 | 2,509,000 | 2,474,000 |
| Securities available for sale | 82,451,000 | 90,656,000 | 93,240,000 | 109,032,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 287,800,000 | 327,755,000 | 334,185,000 | 342,977,000 |
| Interest-bearing deposits | 243,538,000 | 282,977,000 | 312,251,000 | 322,815,000 |
| Noninterest-bearing deposits | 44,262,000 | 44,778,000 | 21,934,000 | 20,162,000 |
| Equity capital | 38,587,000 | 45,747,000 | 46,982,000 | 46,899,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,304,000 | 6,791,000 | 10,158,000 | 13,539,000 |
| Interest expense | 733,000 | 1,441,000 | 2,106,000 | 2,712,000 |
| Net interest income | 2,571,000 | 5,350,000 | 8,052,000 | 10,827,000 |
| Noninterest income | 403,000 | 778,000 | 1,190,000 | 1,460,000 |
| Noninterest expense | 1,680,000 | 3,372,000 | 5,122,000 | 6,802,000 |
| Provision for loan losses | 30,000 | 60,000 | 340,000 | 410,000 |
| Pretax income | 1,254,000 | 2,686,000 | 4,112,000 | 5,407,000 |
| Income tax | 189,000 | 424,000 | 640,000 | 881,000 |
| Net income | 1,065,000 | 2,262,000 | 3,472,000 | 4,526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,301,000 | 44,500,000 | 45,712,000 | 44,762,000 |
| Total capital | 45,519,000 | 46,723,000 | 48,221,000 | 47,236,000 |
| Risk-weighted assets | 235,637,000 | 239,970,000 | 247,543,000 | 261,015,000 |