FDIC Certificate #: 16676 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Banner Bank (#28489) Federal Reserve ID: 920078 Date Established: March 24, 1948 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 7 (Interstate: No) OTS Docket #: 14473 FDIC's unique #: 10804 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: March 24, 1948 Last Structure Change Effective Date: September 28, 2001 Last Structure Change Process Date: November 06, 2001 Last Data Update: November 06, 2001 Data Source Date: April 05, 2012
Location
Address: 101 Main Street, Hermiston, OR 97838 County: Umatilla Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Portland Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Pendleton-Hermiston, OR (#37820) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $230.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
107Total employees (full-time equivalent)
$240,680Total assets
$11,546Cash and due from depository institutions
$282Interest-bearing balances
$37,006Securities
$5,630Federal funds sold & reverse repurchase agreements
$166,697Net loans & leases
$1,869Loan loss allowance
$0Trading account assets
$4,684Bank premises and fixed assets
$121Other real estate owned
$8,532Goodwill and other intangibles
$0Life insurance assets
$6,464All other assets
$240,680Total liabilities and capital
$213,409Total liabilities
$182,959Total deposits
$137,762Interest-bearing deposits
$182,959Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$27,569Other borrowed funds
$0Subordinated debt
$2,881All other liabilities
$27,271Total equity capital
$27,271Total bank equity capital
$27,271Perpetual preferred stock
$0Common stock
$1,131Surplus
$27,697Undivided profits
Memoranda
$-1,557Noncurrent loans and leases
$26,791Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,351Earning assets
$562Long-term assets (5+ years)
$2,037Average Assets, year-to-date
$209,615Average Assets, quarterly
$40,200Volatile liabilities
$226,559Insider loans
$232,808FHLB advances
$25,601Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$816Total risk weighted assets
$26,791Total unused commitments
$176Restructured Loans and leases
$1,884Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$18,293Total interest income
$6,850Total interest expense
$11,443Net interest income
$230Provision for loan and lease losses
$1,722Total noninterest income
$0Fiduciary activities
$1,025Service charges on deposit accounts
$0Trading account gains & fees
$697Additional noninterest income
$7,599Total noninterest expense
$4,265Salaries and employee benefits
$962Premises and equipment expense
$2,372Additional noninterest expense
$5,336Pre-tax net operating income
$0Securities gains (losses)
$2,424Applicable income taxes
$2,912Income before extraordinary items
$0Extraordinary gains - net
$2,912Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$113Sale, conversion, retirement of capital stock, net
$1,465Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.19%Yield on earning assets
3.44%Cost of funding earning assets
5.75%Net interest margin
0.87%Noninterest income to earning assets
3.82%Noninterest expense to earning assets
1.29%Net operating income to assets
1.29%Return on assets (ROA)
2.36%Pretax return on assets
10.23%Return on equity (ROE)
5.08%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
203.54%Credit loss provision to net charge-offs
49.26%Efficiency ratio
50,885Assets per employee
2.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.31%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
138.34%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
0.80%Net loans and leases to deposits
91.11%Net loans and leases to core deposits
98.14%Equity capital to assets
11.33%Core capital (leverage) ratio
8.54%Tier 1 risk-based capital ratio
9.80%Total risk-based capital ratio
Memoranda
$11Average assets
$226,559Average earning assets
$28,475Average equity
$199,056Average loans
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