Call reports 2023
WASHINGTON STATE BANK — 2023
What WASHINGTON STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 546,189,000 | 546,313,000 | 548,508,000 | 563,315,000 |
| Total loans | 265,187,000 | 278,561,000 | 288,847,000 | 300,029,000 |
| Allowance for loan losses | 3,263,000 | 3,294,000 | 3,317,000 | 3,785,000 |
| Securities available for sale | 76,069,000 | 61,804,000 | 58,108,000 | 64,742,000 |
| Securities held to maturity | 148,838,000 | 147,924,000 | 146,965,000 | 146,184,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 459,296,000 | 458,801,000 | 472,016,000 | 483,043,000 |
| Interest-bearing deposits | 399,844,000 | 396,218,000 | 412,723,000 | 425,248,000 |
| Noninterest-bearing deposits | 59,452,000 | 62,583,000 | 59,293,000 | 57,795,000 |
| Equity capital | 41,898,000 | 44,550,000 | 45,812,000 | 46,664,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,804,000 | 12,001,000 | 18,562,000 | 25,558,000 |
| Interest expense | 1,989,000 | 4,290,000 | 6,907,000 | 9,835,000 |
| Net interest income | 3,815,000 | 7,711,000 | 11,655,000 | 15,723,000 |
| Noninterest income | 465,000 | 834,000 | 1,210,000 | 1,719,000 |
| Noninterest expense | 1,830,000 | 3,717,000 | 5,637,000 | 7,505,000 |
| Provision for loan losses | 9,000 | 39,000 | 69,000 | 535,000 |
| Pretax income | 2,468,000 | 4,905,000 | 7,275,000 | 9,513,000 |
| Income tax | 374,000 | 1,010,000 | 1,491,000 | 1,942,000 |
| Net income | 2,094,000 | 3,895,000 | 5,784,000 | 7,571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,942,000 | 66,400,000 | 68,597,000 | 67,435,000 |
| Total capital | 68,226,000 | 69,715,000 | 71,935,000 | 71,245,000 |
| Risk-weighted assets | 321,657,000 | 333,477,000 | 348,941,000 | 347,438,000 |