Call reports 2019
WASHINGTON STATE BANK — 2019
What WASHINGTON STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 58,827,000 | 57,157,000 | 62,278,000 | 62,917,000 |
| Total loans | 29,953,000 | 30,196,000 | 30,714,000 | 30,342,000 |
| Allowance for loan losses | 190,000 | 194,000 | 195,000 | 174,000 |
| Securities available for sale | 16,162,000 | 15,710,000 | 17,167,000 | 18,958,000 |
| Securities held to maturity | 5,647,000 | 5,975,000 | 6,208,000 | 5,372,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,516,000 | 49,522,000 | 55,393,000 | 55,953,000 |
| Interest-bearing deposits | 40,219,000 | 38,542,000 | 45,176,000 | 44,907,000 |
| Noninterest-bearing deposits | 12,297,000 | 10,980,000 | 10,217,000 | 11,046,000 |
| Equity capital | 6,198,000 | 6,509,000 | 6,694,000 | 6,546,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 483,000 | 961,000 | 1,465,000 | 1,960,000 |
| Interest expense | 70,000 | 148,000 | 247,000 | 354,000 |
| Net interest income | 413,000 | 813,000 | 1,218,000 | 1,606,000 |
| Noninterest income | 40,000 | 84,000 | 130,000 | 173,000 |
| Noninterest expense | 285,000 | 571,000 | 836,000 | 1,133,000 |
| Provision for loan losses | 4,000 | 7,000 | 7,000 | 24,000 |
| Pretax income | 164,000 | 319,000 | 505,000 | 622,000 |
| Income tax | 40,000 | 76,000 | 121,000 | 147,000 |
| Net income | 124,000 | 243,000 | 384,000 | 475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,395,000 | 6,515,000 | 6,656,000 | 6,497,000 |
| Total capital | 6,585,000 | 6,709,000 | 6,851,000 | 6,671,000 |
| Risk-weighted assets | 25,208,000 | 25,038,000 | 27,984,000 | 27,682,000 |