Call reports 2010
WASHINGTON STATE BANK — 2010
What WASHINGTON STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 51,968,000 | 52,325,000 | 55,502,000 | 51,999,000 |
| Total loans | 19,415,000 | 20,512,000 | 19,665,000 | 21,300,000 |
| Allowance for loan losses | 116,000 | 91,000 | 103,000 | 103,000 |
| Securities available for sale | 23,966,000 | 23,774,000 | 22,966,000 | 22,305,000 |
| Securities held to maturity | 4,064,000 | 4,761,000 | 4,752,000 | 5,672,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,610,000 | 46,652,000 | 49,796,000 | 45,758,000 |
| Interest-bearing deposits | 39,877,000 | 38,993,000 | 41,974,000 | 37,413,000 |
| Noninterest-bearing deposits | 6,733,000 | 7,659,000 | 7,822,000 | 8,345,000 |
| Equity capital | 4,965,000 | 5,143,000 | 5,169,000 | 5,022,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 494,000 | 970,000 | 1,421,000 | 1,892,000 |
| Interest expense | 144,000 | 278,000 | 399,000 | 503,000 |
| Net interest income | 350,000 | 692,000 | 1,022,000 | 1,389,000 |
| Noninterest income | 43,000 | 92,000 | 137,000 | 182,000 |
| Noninterest expense | 282,000 | 573,000 | 876,000 | 1,173,000 |
| Provision for loan losses | 20,000 | 20,000 | 48,000 | 62,000 |
| Pretax income | 91,000 | 208,000 | 252,000 | 356,000 |
| Income tax | 10,000 | 57,000 | 69,000 | 103,000 |
| Net income | 81,000 | 151,000 | 183,000 | 253,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,752,000 | 4,823,000 | 4,854,000 | 4,774,000 |
| Total capital | 4,868,000 | 4,914,000 | 4,957,000 | 4,877,000 |
| Risk-weighted assets | 20,576,000 | 21,381,000 | 21,553,000 | 21,585,000 |