Call reports 2020
WASHINGTON STATE BANK — 2020
What WASHINGTON STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 61,481,000 | 61,401,000 | 64,808,000 | 69,452,000 |
| Total loans | 29,489,000 | 29,522,000 | 29,274,000 | 28,682,000 |
| Allowance for loan losses | 163,000 | 222,000 | 223,000 | 204,000 |
| Securities available for sale | 20,458,000 | 20,181,000 | 21,053,000 | 23,704,000 |
| Securities held to maturity | 5,357,000 | 5,496,000 | 5,292,000 | 6,241,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,699,000 | 54,078,000 | 57,306,000 | 61,897,000 |
| Interest-bearing deposits | 43,250,000 | 41,644,000 | 45,075,000 | 48,425,000 |
| Noninterest-bearing deposits | 11,449,000 | 12,434,000 | 12,231,000 | 13,472,000 |
| Equity capital | 6,582,000 | 7,064,000 | 7,233,000 | 7,044,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 487,000 | 956,000 | 1,407,000 | 1,842,000 |
| Interest expense | 105,000 | 198,000 | 280,000 | 351,000 |
| Net interest income | 382,000 | 758,000 | 1,127,000 | 1,491,000 |
| Noninterest income | 16,000 | 32,000 | 62,000 | 96,000 |
| Noninterest expense | 311,000 | 559,000 | 837,000 | 1,158,000 |
| Provision for loan losses | 0 | 58,000 | 58,000 | 38,000 |
| Pretax income | 87,000 | 178,000 | 299,000 | 396,000 |
| Income tax | 23,000 | 38,000 | 63,000 | 83,000 |
| Net income | 64,000 | 140,000 | 236,000 | 313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,561,000 | 6,637,000 | 6,733,000 | 6,560,000 |
| Total capital | — | 6,859,000 | — | — |
| Risk-weighted assets | — | 27,037,000 | — | — |