EverTrust Bank in city_name, state_name - Detailed Financial Reports, Location

EverTrust Bank in Everett, Washington (WA)
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EverTrust Bank - Overview

General
FDIC Certificate #: 27070
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: KeyBank National Association (#17534)
Federal Reserve ID: 453071
Date Established: January 01, 1916
WWW: http://www.etbbankonline.com
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 15 (Interstate: No)
OTS Docket #: 11649
FDIC's unique #: 38675
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
FDIC Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: August 28, 1987
Last Structure Change Effective Date: November 12, 2004
Last Structure Change Process Date: December 01, 2004
Last Data Update: December 01, 2004
Data Source Date: April 05, 2012
Location
Address: 2707 Colby Avenue, Suite 600, Everett, WA 98201
County: Snohomish
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
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)
Financial Summary
Total assets: $760.7 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, 2003)

Dollar figures in thousands
158Total employees (full-time equivalent)
$740,754Total assets
$13,463Cash and due from depository institutions
$2,021Interest-bearing balances
$75,509Securities
$0Federal funds sold & reverse repurchase agreements
$632,109Net loans & leases
$8,973Loan loss allowance
$0Trading account assets
$5,800Bank premises and fixed assets
$0Other real estate owned
$446Goodwill and other intangibles
$0Life insurance assets
$13,427All other assets
$740,754Total liabilities and capital
$667,445Total liabilities
$560,001Total deposits
$535,020Interest-bearing deposits
$560,001Deposits held in domestic offices
0.00%% insured (estimated)
$10,417Federal funds purchased & repurchase agreements
$0Trading liabilities
$90,144Other borrowed funds
$0Subordinated debt
$6,883All other liabilities
$73,309Total equity capital
$73,309Total bank equity capital
$73,309Perpetual preferred stock
$0Common stock
$134Surplus
$54,907Undivided profits
Memoranda
$18,268Noncurrent loans and leases
$127,363Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,407Earning assets
$0Long-term assets (5+ years)
$3,207Average Assets, year-to-date
$709,639Average Assets, quarterly
$43,902Volatile liabilities
$716,177Insider loans
$736,209FHLB advances
$126,982Loans and leases held for sale
$3,181Unused loan commitments
$90,144Tier 1 (core) risk-based capital
$2,724Tier 2 risk-based capital
$85Total risk weighted assets
$127,363Total unused commitments
$0Restructured Loans and leases
$8,341Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$45,004Total interest income
$17,558Total interest expense
$27,446Net interest income
$425Provision for loan and lease losses
$4,859Total noninterest income
$877Fiduciary activities
$1,092Service charges on deposit accounts
$0Trading account gains & fees
$2,890Additional noninterest income
$18,419Total noninterest expense
$10,204Salaries and employee benefits
$2,801Premises and equipment expense
$5,414Additional noninterest expense
$13,461Pre-tax net operating income
-$173Securities gains (losses)
$4,399Applicable income taxes
$8,889Income before extraordinary items
$0Extraordinary gains - net
$8,889Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$488Sale, conversion, retirement of capital stock, net
$10,792Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.58%Yield on earning assets
2.57%Cost of funding earning assets
4.01%Net interest margin
0.71%Noninterest income to earning assets
2.69%Noninterest expense to earning assets
1.26%Net operating income to assets
1.24%Return on assets (ROA)
1.86%Pretax return on assets
12.34%Return on equity (ROE)
-2.64%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
87.09%Credit loss provision to net charge-offs
28.45%Efficiency ratio
57,016Assets per employee
4.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
121.41%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
637.74%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.22%Net loans and leases to deposits
112.88%Net loans and leases to core deposits
135.71%Equity capital to assets
9.90%Core capital (leverage) ratio
9.95%Tier 1 risk-based capital ratio
10.97%Total risk-based capital ratio
Memoranda
$12Average assets
$716,177Average earning assets
$72,048Average equity
$683,775Average loans

Total Fiduciary and Related Assets (December 31, 2003)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$170,068Managed Assets
1Number of Accounts
$168,495Personal trust and agency accounts
$14,539Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$24,187Corporate trust and agency accounts
$0Investment management agency accounts
$129,769Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
186Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$1,573Other retirement accounts
$1,573Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

EverTrust Bank in Everett, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

EverTrust Bank - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Total Fiduciary and Related Assets (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

EverTrust Bank in Everett, Washington (WA)Overview, Financial Summary, Detailed Financial Reports, Branches

EverTrust Bank - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Total Fiduciary and Related Assets (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

EverTrust Bank in Everett, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches