Call reports 2013
WASHINGTON STATE BANK — 2013
What WASHINGTON STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 53,690,000 | 53,056,000 | 55,911,000 | 61,730,000 |
| Total loans | 22,912,000 | 23,651,000 | 23,852,000 | 23,143,000 |
| Allowance for loan losses | 164,000 | 186,000 | 172,000 | 166,000 |
| Securities available for sale | 19,233,000 | 18,248,000 | 18,896,000 | 20,738,000 |
| Securities held to maturity | 7,170,000 | 7,155,000 | 7,298,000 | 8,524,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,784,000 | 47,263,000 | 50,042,000 | 55,800,000 |
| Interest-bearing deposits | 39,365,000 | 39,681,000 | 42,448,000 | 44,503,000 |
| Noninterest-bearing deposits | 8,419,000 | 7,582,000 | 7,594,000 | 11,297,000 |
| Equity capital | 5,470,000 | 5,443,000 | 5,587,000 | 5,489,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 447,000 | 881,000 | 1,320,000 | 1,769,000 |
| Interest expense | 41,000 | 78,000 | 117,000 | 157,000 |
| Net interest income | 406,000 | 803,000 | 1,203,000 | 1,612,000 |
| Noninterest income | 36,000 | 76,000 | 121,000 | 168,000 |
| Noninterest expense | 277,000 | 531,000 | 806,000 | 1,098,000 |
| Provision for loan losses | 7,000 | 33,000 | 33,000 | 33,000 |
| Pretax income | 158,000 | 315,000 | 485,000 | 649,000 |
| Income tax | 59,000 | 164,000 | 166,000 | 220,000 |
| Net income | 99,000 | 151,000 | 319,000 | 429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,219,000 | 5,343,000 | 5,511,000 | 5,422,000 |
| Total capital | 5,383,000 | 5,529,000 | 5,683,000 | 5,588,000 |
| Risk-weighted assets | 23,199,000 | 23,444,000 | 24,242,000 | 24,614,000 |