Call reports 2011
WASHINGTON STATE BANK — 2011
What WASHINGTON STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 51,259,000 | 51,230,000 | 54,571,000 | 52,558,000 |
| Total loans | 21,393,000 | 21,790,000 | 21,483,000 | 23,036,000 |
| Allowance for loan losses | 127,000 | 127,000 | 99,000 | 119,000 |
| Securities available for sale | 21,012,000 | 18,400,000 | 17,560,000 | 16,450,000 |
| Securities held to maturity | 6,063,000 | 6,501,000 | 8,755,000 | 8,908,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,675,000 | 45,511,000 | 48,741,000 | 46,700,000 |
| Interest-bearing deposits | 36,518,000 | 36,788,000 | 40,078,000 | 37,341,000 |
| Noninterest-bearing deposits | 9,157,000 | 8,723,000 | 8,663,000 | 9,359,000 |
| Equity capital | 5,134,000 | 5,280,000 | 5,382,000 | 5,210,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 463,000 | 933,000 | 1,387,000 | 1,856,000 |
| Interest expense | 83,000 | 162,000 | 233,000 | 290,000 |
| Net interest income | 380,000 | 771,000 | 1,154,000 | 1,566,000 |
| Noninterest income | 39,000 | 85,000 | 133,000 | 177,000 |
| Noninterest expense | 288,000 | 575,000 | 856,000 | 1,162,000 |
| Provision for loan losses | 14,000 | 14,000 | 15,000 | 37,000 |
| Pretax income | 117,000 | 267,000 | 416,000 | 544,000 |
| Income tax | 42,000 | 98,000 | 154,000 | 201,000 |
| Net income | 75,000 | 169,000 | 262,000 | 343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,858,000 | 4,951,000 | 5,045,000 | 4,901,000 |
| Total capital | 4,985,000 | 5,078,000 | 5,144,000 | 5,020,000 |
| Risk-weighted assets | 21,316,000 | 21,373,000 | 21,920,000 | 22,088,000 |