FDIC Certificate #: 18379 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:AmericanWest Bank (#22441) Federal Reserve ID: 545172 Date Established: August 07, 1907 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 9 (Interstate: No) OTS Docket #: 10902 FDIC's unique #: 12289 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: April 27, 1961 Last Structure Change Effective Date: March 17, 2003 Last Structure Change Process Date: April 29, 2003 Last Data Update: April 29, 2003 Data Source Date: April 05, 2012
Location
Address: 1500 Main Street, Saint Maries, ID 83861 County: Benewah Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $151.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2002)
Dollar figures in thousands
59Total employees (full-time equivalent)
$151,198Total assets
$8,758Cash and due from depository institutions
$2,115Interest-bearing balances
$29,436Securities
$4,100Federal funds sold & reverse repurchase agreements
$93,014Net loans & leases
$1,225Loan loss allowance
$0Trading account assets
$2,497Bank premises and fixed assets
$144Other real estate owned
$10,371Goodwill and other intangibles
$0Life insurance assets
$2,878All other assets
$151,198Total liabilities and capital
$129,686Total liabilities
$121,648Total deposits
$96,028Interest-bearing deposits
$121,648Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,215Other borrowed funds
$0Subordinated debt
$823All other liabilities
$21,512Total equity capital
$21,512Total bank equity capital
$21,512Perpetual preferred stock
$0Common stock
$600Surplus
$20,171Undivided profits
Memoranda
$741Noncurrent loans and leases
$30,064Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$281Earning assets
$0Long-term assets (5+ years)
$1,295Average Assets, year-to-date
$128,665Average Assets, quarterly
$22,643Volatile liabilities
$138,427Insider loans
$151,561FHLB advances
$13,562Loans and leases held for sale
$4,085Unused loan commitments
$7,215Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$30,064Total unused commitments
$0Restructured Loans and leases
$1,225Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$3,691Total interest income
$1,062Total interest expense
$2,629Net interest income
$457Provision for loan and lease losses
$497Total noninterest income
$0Fiduciary activities
$230Service charges on deposit accounts
$0Trading account gains & fees
$267Additional noninterest income
$1,943Total noninterest expense
$1,097Salaries and employee benefits
$155Premises and equipment expense
$691Additional noninterest expense
$726Pre-tax net operating income
$0Securities gains (losses)
$219Applicable income taxes
$507Income before extraordinary items
$0Extraordinary gains - net
$507Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$110Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.07%Yield on earning assets
0.88%Cost of funding earning assets
2.19%Net interest margin
0.41%Noninterest income to earning assets
1.61%Noninterest expense to earning assets
0.37%Net operating income to assets
0.37%Return on assets (ROA)
0.52%Pretax return on assets
3.54%Return on equity (ROE)
3.54%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
415.45%Credit loss provision to net charge-offs
10.75%Efficiency ratio
60,141Assets per employee
2.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
435.94%Noncurrent assets plus other real estate owned to assets
0.21%Noncurrent loans to loans
0.30%Net loans and leases to deposits
76.46%Net loans and leases to core deposits
85.75%Equity capital to assets
14.23%Core capital (leverage) ratio
7.75%Tier 1 risk-based capital ratio
9.96%Total risk-based capital ratio
Memoranda
$11Average assets
$138,427Average earning assets
$14,328Average equity
$120,313Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Latah.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: