Call reports 2021
WASHINGTON STATE BANK — 2021
What WASHINGTON STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 68,714,000 | 67,485,000 | 76,352,000 | 76,993,000 |
| Total loans | 28,639,000 | 28,546,000 | 28,012,000 | 29,021,000 |
| Allowance for loan losses | 211,000 | 207,000 | 208,000 | 204,000 |
| Securities available for sale | 24,649,000 | 28,267,000 | 31,821,000 | 35,651,000 |
| Securities held to maturity | 6,226,000 | 6,009,000 | 5,993,000 | 5,977,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,547,000 | 60,297,000 | 68,948,000 | 69,858,000 |
| Interest-bearing deposits | 46,207,000 | 46,331,000 | 55,353,000 | 55,450,000 |
| Noninterest-bearing deposits | 15,340,000 | 13,966,000 | 13,595,000 | 14,408,000 |
| Equity capital | 6,961,000 | 7,006,000 | 7,190,000 | 6,741,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 455,000 | 898,000 | 1,342,000 | 1,799,000 |
| Interest expense | 63,000 | 118,000 | 171,000 | 224,000 |
| Net interest income | 392,000 | 780,000 | 1,171,000 | 1,575,000 |
| Noninterest income | 31,000 | 69,000 | 102,000 | 140,000 |
| Noninterest expense | 287,000 | 558,000 | 829,000 | 1,123,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 136,000 | 291,000 | 448,000 | 596,000 |
| Income tax | 32,000 | 70,000 | 105,000 | 140,000 |
| Net income | 104,000 | 221,000 | 343,000 | 456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,664,000 | 6,779,000 | 6,903,000 | 6,765,000 |