Call reports 2018
WASHINGTON STATE BANK — 2018
What WASHINGTON STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 58,606,000 | 56,511,000 | 62,067,000 | 60,959,000 |
| Total loans | 30,712,000 | 31,020,000 | 30,857,000 | 30,054,000 |
| Allowance for loan losses | 405,000 | 246,000 | 247,000 | 176,000 |
| Securities available for sale | 16,224,000 | 15,689,000 | 15,929,000 | 15,569,000 |
| Securities held to maturity | 5,541,000 | 5,523,000 | 6,156,000 | 5,911,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,731,000 | 50,217,000 | 56,076,000 | 54,734,000 |
| Interest-bearing deposits | 41,770,000 | 38,453,000 | 44,143,000 | 42,143,000 |
| Noninterest-bearing deposits | 10,961,000 | 11,764,000 | 11,933,000 | 12,591,000 |
| Equity capital | 5,786,000 | 5,838,000 | 5,935,000 | 5,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 451,000 | 910,000 | 1,397,000 | 1,902,000 |
| Interest expense | 54,000 | 105,000 | 167,000 | 234,000 |
| Net interest income | 397,000 | 805,000 | 1,230,000 | 1,668,000 |
| Noninterest income | 43,000 | 87,000 | 135,000 | 183,000 |
| Noninterest expense | 296,000 | 594,000 | 868,000 | 1,167,000 |
| Provision for loan losses | 0 | 33,000 | 34,000 | 37,000 |
| Pretax income | 144,000 | 265,000 | 463,000 | 647,000 |
| Income tax | -8,000 | 20,000 | 69,000 | 113,000 |
| Net income | 152,000 | 245,000 | 394,000 | 534,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,115,000 | 6,208,000 | 6,357,000 | 6,272,000 |
| Total capital | 6,453,000 | 6,454,000 | 6,604,000 | 6,448,000 |
| Risk-weighted assets | 26,989,000 | 27,165,000 | 27,949,000 | 25,708,000 |