Call reports 2016
WASHINGTON STATE BANK — 2016
What WASHINGTON STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 53,260,000 | 52,887,000 | 59,535,000 | 58,550,000 |
| Total loans | 27,858,000 | 28,498,000 | 28,970,000 | 29,965,000 |
| Allowance for loan losses | 389,000 | 571,000 | 587,000 | 636,000 |
| Securities available for sale | 15,212,000 | 14,772,000 | 15,040,000 | 16,447,000 |
| Securities held to maturity | 7,574,000 | 6,681,000 | 6,578,000 | 7,069,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,948,000 | 46,155,000 | 53,505,000 | 52,652,000 |
| Interest-bearing deposits | 37,466,000 | 37,800,000 | 44,321,000 | 43,555,000 |
| Noninterest-bearing deposits | 9,482,000 | 8,355,000 | 9,184,000 | 9,097,000 |
| Equity capital | 5,857,000 | 5,806,000 | 5,823,000 | 5,694,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 445,000 | 891,000 | 1,333,000 | 1,791,000 |
| Interest expense | 27,000 | 55,000 | 86,000 | 120,000 |
| Net interest income | 418,000 | 836,000 | 1,247,000 | 1,671,000 |
| Noninterest income | 37,000 | 93,000 | 140,000 | 187,000 |
| Noninterest expense | 287,000 | 554,000 | 831,000 | 1,124,000 |
| Provision for loan losses | 36,000 | 356,000 | 357,000 | 399,000 |
| Pretax income | 140,000 | 42,000 | 229,000 | 365,000 |
| Income tax | 41,000 | 3,000 | 165,000 | 11,000 |
| Net income | 99,000 | 39,000 | 64,000 | 354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,753,000 | 5,692,000 | 5,717,000 | 5,698,000 |
| Total capital | 6,057,000 | 6,003,000 | 6,049,000 | 6,038,000 |
| Risk-weighted assets | 24,248,000 | 24,802,000 | 26,324,000 | 26,920,000 |