Call reports 2012
SKAGIT BANK — 2012
What SKAGIT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 743,992,000 | 747,104,000 | 749,063,000 | 761,056,000 |
| Total loans | 349,674,000 | 352,202,000 | 348,610,000 | 348,306,000 |
| Allowance for loan losses | 5,356,000 | 5,541,000 | 5,608,000 | 5,466,000 |
| Securities available for sale | 273,284,000 | 273,342,000 | 276,707,000 | 274,487,000 |
| Securities held to maturity | 33,766,000 | 33,962,000 | 33,397,000 | 29,089,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 641,541,000 | 642,220,000 | 646,533,000 | 664,053,000 |
| Interest-bearing deposits | 546,683,000 | 552,753,000 | 549,443,000 | 546,441,000 |
| Noninterest-bearing deposits | 94,858,000 | 89,467,000 | 97,090,000 | 117,612,000 |
| Equity capital | 71,174,000 | 72,123,000 | 74,227,000 | 71,593,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 6,333,000 | 12,696,000 | 18,918,000 | 24,958,000 |
| Interest expense | 825,000 | 1,558,000 | 2,262,000 | 2,920,000 |
| Net interest income | 5,508,000 | 11,138,000 | 16,656,000 | 22,038,000 |
| Noninterest income | 1,139,000 | 2,248,000 | 3,319,000 | 4,411,000 |
| Noninterest expense | 4,257,000 | 8,412,000 | 12,681,000 | 17,112,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 900,000 |
| Pretax income | 2,090,000 | 4,374,000 | 6,394,000 | 8,458,000 |
| Income tax | 479,000 | 1,017,000 | 1,438,000 | 1,874,000 |
| Net income | 1,611,000 | 3,357,000 | 4,956,000 | 6,584,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,766,000 | 68,041,000 | 69,475,000 | 67,573,000 |
| Total capital | 73,193,000 | 73,506,000 | 74,892,000 | 73,008,000 |
| Risk-weighted assets | 439,555,000 | 437,026,000 | 433,112,000 | 434,676,000 |