Call reports 2024
WASHINGTON STATE BANK — 2024
What WASHINGTON STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 77,773,000 | 75,866,000 | 79,964,000 | 81,011,000 |
| Total loans | 31,087,000 | 30,624,000 | 30,792,000 | 30,587,000 |
| Allowance for loan losses | 301,000 | 293,000 | 283,000 | 298,000 |
| Securities available for sale | 37,008,000 | 37,836,000 | 41,157,000 | 42,677,000 |
| Securities held to maturity | 3,276,000 | 3,268,000 | 3,261,000 | 2,379,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,338,000 | 69,611,000 | 74,107,000 | 76,144,000 |
| Interest-bearing deposits | 58,243,000 | 55,444,000 | 60,017,000 | 61,277,000 |
| Noninterest-bearing deposits | 15,095,000 | 14,167,000 | 14,090,000 | 14,867,000 |
| Equity capital | 4,365,000 | 4,627,000 | 5,820,000 | 4,651,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 704,000 | 1,414,000 | 2,163,000 | 2,943,000 |
| Interest expense | 334,000 | 665,000 | 1,010,000 | 1,358,000 |
| Net interest income | 370,000 | 749,000 | 1,153,000 | 1,585,000 |
| Noninterest income | 32,000 | 66,000 | 104,000 | 140,000 |
| Noninterest expense | 303,000 | 598,000 | 887,000 | 1,197,000 |
| Provision for loan losses | 30,000 | 30,000 | 32,000 | 47,000 |
| Pretax income | 69,000 | 187,000 | 338,000 | 481,000 |
| Income tax | 10,000 | 34,000 | 67,000 | 96,000 |
| Net income | 59,000 | 153,000 | 271,000 | 385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,461,000 | 7,556,000 | 7,674,000 | 7,611,000 |