Call reports 2024
WASHINGTON STATE BANK — 2024
What WASHINGTON STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 567,505,000 | 567,990,000 | 568,738,000 | 576,639,000 |
| Total loans | 306,344,000 | 309,459,000 | 314,663,000 | 322,501,000 |
| Allowance for loan losses | 3,827,000 | 3,837,000 | 4,349,000 | 4,466,000 |
| Securities available for sale | 63,275,000 | 62,879,000 | 64,627,000 | 190,962,000 |
| Securities held to maturity | 145,465,000 | 144,483,000 | 143,557,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 489,516,000 | 489,380,000 | 492,521,000 | 511,618,000 |
| Interest-bearing deposits | 429,360,000 | 434,623,000 | 439,341,000 | 454,349,000 |
| Noninterest-bearing deposits | 60,156,000 | 54,757,000 | 53,180,000 | 57,269,000 |
| Equity capital | 49,339,000 | 51,212,000 | 51,713,000 | 40,223,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 7,157,000 | 14,598,000 | 22,299,000 | 29,958,000 |
| Interest expense | 3,055,000 | 6,293,000 | 9,758,000 | 13,277,000 |
| Net interest income | 4,102,000 | 8,305,000 | 12,541,000 | 16,681,000 |
| Noninterest income | 455,000 | 946,000 | 1,487,000 | 1,887,000 |
| Noninterest expense | 1,947,000 | 4,042,000 | 6,239,000 | 8,327,000 |
| Provision for loan losses | 39,000 | 103,000 | 607,000 | 700,000 |
| Pretax income | 2,571,000 | 5,106,000 | 7,182,000 | 8,759,000 |
| Income tax | 488,000 | 998,000 | 1,389,000 | 1,711,000 |
| Net income | 2,083,000 | 4,108,000 | 5,793,000 | 7,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,356,000 | 71,219,000 | 72,741,000 | 71,402,000 |
| Total capital | 73,208,000 | 75,081,000 | 77,115,000 | 75,868,000 |
| Risk-weighted assets | 355,569,000 | 356,686,000 | 358,754,000 | 367,414,000 |