Call reports 2008
BANK OF WASHINGTON, THE — 2008
What BANK OF WASHINGTON, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 216,450,000 | 223,351,000 | 211,935,000 | 205,843,000 |
| Total loans | 198,118,000 | 202,563,000 | 193,974,000 | 188,646,000 |
| Allowance for loan losses | 3,076,000 | 3,148,000 | 3,114,000 | 4,407,000 |
| Securities available for sale | 3,389,000 | 5,625,000 | 2,474,000 | 2,509,000 |
| Securities held to maturity | 906,000 | 1,157,000 | 740,000 | 757,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 185,171,000 | 184,806,000 | 181,590,000 | 174,302,000 |
| Interest-bearing deposits | 167,842,000 | 164,326,000 | 161,264,000 | 154,903,000 |
| Noninterest-bearing deposits | 17,329,000 | 20,480,000 | 20,326,000 | 19,399,000 |
| Equity capital | 19,702,000 | 20,048,000 | 18,938,000 | 18,444,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,040,000 | 7,791,000 | 11,401,000 | 14,692,000 |
| Interest expense | 1,991,000 | 3,852,000 | 5,566,000 | 7,066,000 |
| Net interest income | 2,049,000 | 3,939,000 | 5,835,000 | 7,626,000 |
| Noninterest income | 84,000 | 188,000 | 273,000 | 390,000 |
| Noninterest expense | 1,369,000 | 2,765,000 | 7,244,000 | 8,532,000 |
| Provision for loan losses | 412,000 | 473,000 | 488,000 | 2,048,000 |
| Pretax income | 352,000 | 889,000 | -1,624,000 | -2,564,000 |
| Income tax | 100,000 | 263,000 | -608,000 | -936,000 |
| Net income | 252,000 | 626,000 | -1,016,000 | -1,628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,805,000 | 20,144,000 | 19,092,000 | 18,466,000 |
| Total capital | 22,380,000 | 22,818,000 | 21,604,000 | 20,929,000 |
| Risk-weighted assets | 205,428,000 | 213,221,000 | 200,186,000 | 195,012,000 |