FDIC Certificate #: 58620 Status: Inactive Acquiring institution:AmericanWest Bank (#22441) Federal Reserve ID: 3601079 Date Established: July 16, 2007 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 458832 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: July 16, 2007 Last Structure Change Effective Date: July 29, 2011 Last Structure Change Process Date: August 02, 2011 Last Data Update: August 02, 2011 Data Source Date: April 05, 2012
Location
Address: 155 108th Avenue Ne, Suite 100, Bellevue, WA 98004 County: King Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Chicago FDIC Field Office: Seattle Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Seattle-Bellevue-Everett, WA (#7600) Consolidated Metropolitan Statistical Area (CMSA): Seattle-Tacoma-Bremerton, WA (#91) Combined Statistical Area (CSA): Seattle-Tacoma-Olympia, WA (#500) Core Based Statistical Area (CBSA): Seattle-Tacoma-Bellevue, WA (#42660) CBSA Metro Statistical Area: Seattle-Tacoma-Bellevue, WA (#42660) Core Based Statistical Division: Seattle-Bellevue-Everett, WA (#42644)
History of Changes
Merger - Without Assistance
Financial Summary
Total assets: $147.5 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
32Total employees (full-time equivalent)
$145,544Total assets
$26,204Cash and due from depository institutions
$22,722Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$115,410Net loans & leases
$4,000Loan loss allowance
$0Trading account assets
$1,089Bank premises and fixed assets
$1,734Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,107All other assets
$145,544Total liabilities and capital
$130,431Total liabilities
$126,146Total deposits
$105,270Interest-bearing deposits
$126,146Deposits held in domestic offices
91.15%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,178Other borrowed funds
$0Subordinated debt
$107All other liabilities
$15,113Total equity capital
$15,113Total bank equity capital
$15,113Perpetual preferred stock
$0Common stock
$12,437Surplus
$20,663Undivided profits
Memoranda
$-17,987Noncurrent loans and leases
$9,561Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$6,609Earning assets
$0Long-term assets (5+ years)
$405Average Assets, year-to-date
$138,132Average Assets, quarterly
$29,631Volatile liabilities
$161,126Insider loans
$149,834FHLB advances
$26,827Loans and leases held for sale
$4,308Unused loan commitments
$4,178Tier 1 (core) risk-based capital
$655Tier 2 risk-based capital
$655Total risk weighted assets
$9,561Total unused commitments
$999Restructured Loans and leases
$1,458Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$7,567Total interest income
$1,831Total interest expense
$5,736Net interest income
$701Provision for loan and lease losses
$261Total noninterest income
$0Fiduciary activities
$108Service charges on deposit accounts
$0Trading account gains & fees
$153Additional noninterest income
$6,742Total noninterest expense
$2,599Salaries and employee benefits
$1,124Premises and equipment expense
$3,019Additional noninterest expense
-$1,446Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$1,446Income before extraordinary items
$0Extraordinary gains - net
-$1,446Net income attributable to bank
$0Net charge-offs
-$1,446Cash dividends
$1,528Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.95%Yield on earning assets
1.20%Cost of funding earning assets
3.76%Net interest margin
0.17%Noninterest income to earning assets
4.41%Noninterest expense to earning assets
-0.90%Net operating income to assets
-0.90%Return on assets (ROA)
-0.90%Pretax return on assets
-9.23%Return on equity (ROE)
-9.23%Retained earnings to average equity (YTD only)
1.22%Net charge-offs to loans
45.88%Credit loss provision to net charge-offs
-0.49%Efficiency ratio
112,423Assets per employee
4.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.35%Loss allowance to noncurrent loans
60.52%Noncurrent assets plus other real estate owned to assets
5.73%Noncurrent loans to loans
5.53%Net loans and leases to deposits
91.49%Net loans and leases to core deposits
112.05%Equity capital to assets
10.38%Core capital (leverage) ratio
10.05%Tier 1 risk-based capital ratio
13.25%Total risk-based capital ratio
Memoranda
$15Average assets
$161,126Average earning assets
$15,670Average equity
$152,747Average loans
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