Call reports 2023
WASHINGTON STATE BANK — 2023
What WASHINGTON STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 75,716,000 | 75,490,000 | 76,668,000 | 78,805,000 |
| Total loans | 33,580,000 | 32,436,000 | 32,777,000 | 32,179,000 |
| Allowance for loan losses | 300,000 | 299,000 | 286,000 | 288,000 |
| Securities available for sale | 34,368,000 | 33,457,000 | 33,563,000 | 35,479,000 |
| Securities held to maturity | 4,162,000 | 4,152,000 | 4,142,000 | 3,283,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,388,000 | 67,242,000 | 72,829,000 | 73,994,000 |
| Interest-bearing deposits | 51,575,000 | 51,890,000 | 58,221,000 | 59,745,000 |
| Noninterest-bearing deposits | 16,813,000 | 15,352,000 | 14,608,000 | 14,249,000 |
| Equity capital | 4,224,000 | 4,198,000 | 3,772,000 | 4,533,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 597,000 | 1,201,000 | 1,934,000 | 2,633,000 |
| Interest expense | 76,000 | 198,000 | 474,000 | 758,000 |
| Net interest income | 521,000 | 1,003,000 | 1,460,000 | 1,875,000 |
| Noninterest income | 35,000 | 74,000 | 112,000 | 149,000 |
| Noninterest expense | 307,000 | 603,000 | 892,000 | 1,222,000 |
| Provision for loan losses | 0 | 0 | 0 | 36,000 |
| Pretax income | 249,000 | 474,000 | 680,000 | 766,000 |
| Income tax | 40,000 | 96,000 | 143,000 | 159,000 |
| Net income | 209,000 | 378,000 | 537,000 | 607,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,229,000 | 7,400,000 | 7,557,000 | 7,402,000 |