FDIC Certificate #: 22469 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Columbia State Bank (#33826) Federal Reserve ID: 644178 Date Established: June 06, 1977 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 24 (Interstate: No) OTS Docket #: 10498 FDIC's unique #: 15664 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: June 06, 1977 Last Structure Change Effective Date: January 22, 2010 Last Structure Change Process Date: January 26, 2010 Last Data Update: January 26, 2010 Data Source Date: April 05, 2012
Location
Address: 316 East Third Street, The Dalles, OR 97058 County: Wasco 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): The Dalles, OR (#45520) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $955.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
314Total employees (full-time equivalent)
$955,112Total assets
$121,385Cash and due from depository institutions
$111,235Interest-bearing balances
$92,431Securities
$25Federal funds sold & reverse repurchase agreements
$660,999Net loans & leases
$17,327Loan loss allowance
$0Trading account assets
$20,823Bank premises and fixed assets
$18,328Other real estate owned
$0Goodwill and other intangibles
$7,016Life insurance assets
$41,121All other assets
$955,112Total liabilities and capital
$932,149Total liabilities
$908,132Total deposits
$716,224Interest-bearing deposits
$908,132Deposits held in domestic offices
96.18%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$18,379Other borrowed funds
$0Subordinated debt
$5,638All other liabilities
$22,963Total equity capital
$22,963Total bank equity capital
$22,963Perpetual preferred stock
$0Common stock
$5,170Surplus
$21,077Undivided profits
Memoranda
$-3,284Noncurrent loans and leases
$104,512Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$99,547Earning assets
$0Long-term assets (5+ years)
$4,029Average Assets, year-to-date
$864,690Average Assets, quarterly
$354,279Volatile liabilities
$1,047,056Insider loans
$1,006,111FHLB advances
$227,479Loans and leases held for sale
$13,401Unused loan commitments
$18,379Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$104,512Total unused commitments
$5,145Restructured Loans and leases
$9,512Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$47,496Total interest income
$20,876Total interest expense
$26,620Net interest income
$49,350Provision for loan and lease losses
$8,702Total noninterest income
$0Fiduciary activities
$4,701Service charges on deposit accounts
$0Trading account gains & fees
$4,001Additional noninterest income
$41,802Total noninterest expense
$17,243Salaries and employee benefits
$6,411Premises and equipment expense
$18,148Additional noninterest expense
-$55,830Pre-tax net operating income
$297Securities gains (losses)
-$5,922Applicable income taxes
-$49,611Income before extraordinary items
$0Extraordinary gains - net
-$49,611Net income attributable to bank
$0Net charge-offs
-$49,611Cash dividends
$56,515Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.99%Yield on earning assets
2.19%Cost of funding earning assets
2.80%Net interest margin
0.91%Noninterest income to earning assets
4.40%Noninterest expense to earning assets
-4.76%Net operating income to assets
-4.74%Return on assets (ROA)
-5.30%Pretax return on assets
-107.67%Return on equity (ROE)
-107.67%Retained earnings to average equity (YTD only)
7.22%Net charge-offs to loans
87.32%Credit loss provision to net charge-offs
-0.11%Efficiency ratio
118,346Assets per employee
3.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.55%Loss allowance to noncurrent loans
17.41%Noncurrent assets plus other real estate owned to assets
12.34%Noncurrent loans to loans
14.68%Net loans and leases to deposits
72.79%Net loans and leases to core deposits
94.61%Equity capital to assets
2.40%Core capital (leverage) ratio
2.35%Tier 1 risk-based capital ratio
3.20%Total risk-based capital ratio
Memoranda
$4Average assets
$1,047,056Average earning assets
$46,078Average equity
$951,086Average loans
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