Call reports 2007
WASHINGTON STATE BANK — 2007
What WASHINGTON STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 41,888,000 | 42,150,000 | 43,963,000 | 45,022,000 |
| Total loans | 21,752,000 | 21,145,000 | 21,736,000 | 21,942,000 |
| Allowance for loan losses | 137,000 | 136,000 | 136,000 | 136,000 |
| Securities available for sale | 13,241,000 | 14,399,000 | 15,278,000 | 14,268,000 |
| Securities held to maturity | 2,324,000 | 2,323,000 | 2,320,000 | 1,997,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,092,000 | 37,321,000 | 38,895,000 | 39,771,000 |
| Interest-bearing deposits | 30,344,000 | 29,507,000 | 30,039,000 | 29,992,000 |
| Noninterest-bearing deposits | 6,748,000 | 7,814,000 | 8,856,000 | 9,779,000 |
| Equity capital | 4,526,000 | 4,562,000 | 4,742,000 | 4,557,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 604,000 | 1,221,000 | 1,847,000 | 2,496,000 |
| Interest expense | 226,000 | 454,000 | 696,000 | 945,000 |
| Net interest income | 378,000 | 767,000 | 1,151,000 | 1,551,000 |
| Noninterest income | 49,000 | 98,000 | 148,000 | 200,000 |
| Noninterest expense | 260,000 | 519,000 | 779,000 | 1,084,000 |
| Provision for loan losses | 5,000 | 11,000 | 22,000 | 39,000 |
| Pretax income | 177,000 | 350,000 | 513,000 | 643,000 |
| Income tax | 57,000 | 116,000 | 168,000 | 205,000 |
| Net income | 120,000 | 234,000 | 345,000 | 438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,524,000 | 4,638,000 | 4,753,000 | 4,517,000 |
| Total capital | 4,661,000 | 4,774,000 | 4,889,000 | 4,653,000 |
| Risk-weighted assets | 20,280,000 | 19,909,000 | 20,788,000 | 21,115,000 |