Call reports 2021
WASHINGTON STATE BANK — 2021
What WASHINGTON STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 427,160,000 | 444,514,000 | 469,865,000 | 484,091,000 |
| Total loans | 274,105,000 | 240,064,000 | 249,783,000 | 226,544,000 |
| Allowance for loan losses | 2,572,000 | 2,579,000 | 2,606,000 | 2,807,000 |
| Securities available for sale | 126,921,000 | 184,005,000 | 192,832,000 | 200,580,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 361,794,000 | 376,514,000 | 393,852,000 | 421,919,000 |
| Interest-bearing deposits | 285,296,000 | 304,797,000 | 320,097,000 | 360,692,000 |
| Noninterest-bearing deposits | 76,498,000 | 71,717,000 | 73,755,000 | 61,227,000 |
| Equity capital | 47,374,000 | 49,594,000 | 50,731,000 | 50,137,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,339,000 | 7,035,000 | 10,448,000 | 13,901,000 |
| Interest expense | 536,000 | 1,049,000 | 1,549,000 | 2,143,000 |
| Net interest income | 2,803,000 | 5,986,000 | 8,899,000 | 11,758,000 |
| Noninterest income | 787,000 | 1,125,000 | 1,446,000 | 1,960,000 |
| Noninterest expense | 1,740,000 | 3,424,000 | 5,145,000 | 6,881,000 |
| Provision for loan losses | 120,000 | 150,000 | 180,000 | 410,000 |
| Pretax income | 1,730,000 | 3,537,000 | 5,020,000 | 6,454,000 |
| Income tax | 284,000 | 561,000 | 720,000 | 906,000 |
| Net income | 1,446,000 | 2,976,000 | 4,300,000 | 5,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,211,000 | 47,742,000 | 49,070,000 | 48,321,000 |
| Total capital | 48,783,000 | 50,321,000 | 51,676,000 | 51,128,000 |
| Risk-weighted assets | 257,551,000 | 252,241,000 | 259,027,000 | 253,269,000 |