Call reports 2014
WASHINGTON STATE BANK — 2014
What WASHINGTON STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 61,771,000 | 57,586,000 | 58,565,000 | 56,505,000 |
| Total loans | 23,352,000 | 23,592,000 | 23,766,000 | 24,177,000 |
| Allowance for loan losses | 163,000 | 169,000 | 196,000 | 295,000 |
| Securities available for sale | 23,611,000 | 22,291,000 | 21,274,000 | 19,849,000 |
| Securities held to maturity | 9,743,000 | 9,470,000 | 9,438,000 | 9,190,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,950,000 | 51,550,000 | 52,443,000 | 50,413,000 |
| Interest-bearing deposits | 43,706,000 | 41,481,000 | 43,592,000 | 40,861,000 |
| Noninterest-bearing deposits | 12,244,000 | 10,069,000 | 8,851,000 | 9,552,000 |
| Equity capital | 5,587,000 | 5,780,000 | 5,872,000 | 5,612,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 457,000 | 909,000 | 1,367,000 | 1,823,000 |
| Interest expense | 39,000 | 75,000 | 111,000 | 144,000 |
| Net interest income | 418,000 | 834,000 | 1,256,000 | 1,679,000 |
| Noninterest income | 35,000 | 76,000 | 120,000 | 164,000 |
| Noninterest expense | 272,000 | 553,000 | 820,000 | 1,132,000 |
| Provision for loan losses | 2,000 | 7,000 | 32,000 | 169,000 |
| Pretax income | 179,000 | 375,000 | 549,000 | 569,000 |
| Income tax | 62,000 | 124,000 | 189,000 | 238,000 |
| Net income | 117,000 | 251,000 | 360,000 | 331,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,539,000 | 5,673,000 | 5,782,000 | 5,503,000 |
| Total capital | 5,703,000 | 5,842,000 | 5,978,000 | 5,792,000 |
| Risk-weighted assets | 24,470,000 | 23,417,000 | 23,854,000 | 23,126,000 |