Call reports 2017
WASHINGTON STATE BANK — 2017
What WASHINGTON STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 57,493,000 | 55,841,000 | 62,424,000 | 60,402,000 |
| Total loans | 30,450,000 | 30,857,000 | 31,451,000 | 31,160,000 |
| Allowance for loan losses | 655,000 | 667,000 | 668,000 | 519,000 |
| Securities available for sale | 16,871,000 | 16,244,000 | 17,311,000 | 17,037,000 |
| Securities held to maturity | 6,448,000 | 5,878,000 | 6,043,000 | 5,559,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,563,000 | 48,658,000 | 56,190,000 | 54,258,000 |
| Interest-bearing deposits | 42,100,000 | 39,482,000 | 46,843,000 | 43,428,000 |
| Noninterest-bearing deposits | 9,463,000 | 9,176,000 | 9,347,000 | 10,830,000 |
| Equity capital | 5,808,000 | 5,991,000 | 6,098,000 | 5,805,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 442,000 | 880,000 | 1,343,000 | 1,782,000 |
| Interest expense | 34,000 | 69,000 | 109,000 | 164,000 |
| Net interest income | 408,000 | 811,000 | 1,234,000 | 1,618,000 |
| Noninterest income | 44,000 | 85,000 | 131,000 | 177,000 |
| Noninterest expense | 292,000 | 589,000 | 879,000 | 1,208,000 |
| Provision for loan losses | 8,000 | 18,000 | 18,000 | 18,000 |
| Pretax income | 152,000 | 289,000 | 468,000 | 569,000 |
| Income tax | 53,000 | 82,000 | 149,000 | 213,000 |
| Net income | 99,000 | 207,000 | 319,000 | 356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,906,000 | 6,013,000 | 6,126,000 | 5,963,000 |
| Total capital | 6,250,000 | 6,357,000 | 6,486,000 | 6,310,000 |
| Risk-weighted assets | 27,212,000 | 27,232,000 | 28,542,000 | 27,596,000 |