Call reports 2003
WASHINGTON STATE BANK — 2003
What WASHINGTON STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 39,810,000 | 40,997,000 | 41,243,000 | 41,624,000 |
| Total loans | 18,374,000 | 18,827,000 | 19,921,000 | 20,712,000 |
| Allowance for loan losses | 136,000 | 136,000 | 136,000 | 136,000 |
| Securities available for sale | 13,787,000 | 11,529,000 | 12,742,000 | 12,894,000 |
| Securities held to maturity | 2,738,000 | 2,734,000 | 3,024,000 | 2,751,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,455,000 | 36,576,000 | 36,805,000 | 37,177,000 |
| Interest-bearing deposits | 29,628,000 | 29,603,000 | 29,877,000 | 30,289,000 |
| Noninterest-bearing deposits | 5,827,000 | 6,973,000 | 6,928,000 | 6,888,000 |
| Equity capital | 4,023,000 | 4,136,000 | 4,192,000 | 4,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 501,000 | 982,000 | 1,453,000 | 1,947,000 |
| Interest expense | 130,000 | 247,000 | 361,000 | 462,000 |
| Net interest income | 371,000 | 735,000 | 1,092,000 | 1,485,000 |
| Noninterest income | 42,000 | 86,000 | 132,000 | 175,000 |
| Noninterest expense | 247,000 | 484,000 | 732,000 | 1,084,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 166,000 | 337,000 | 492,000 | 571,000 |
| Income tax | 44,000 | 91,000 | 135,000 | 165,000 |
| Net income | 122,000 | 246,000 | 357,000 | 406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,799,000 | 3,923,000 | 4,034,000 | 3,833,000 |
| Total capital | 3,935,000 | 4,059,000 | 4,170,000 | 3,969,000 |
| Risk-weighted assets | 17,782,000 | 18,437,000 | 19,326,000 | 19,766,000 |