FirstBank Northwest in Clarkston, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 2006

  • FirstBank Northwest in Clarkston, Washington (WA)
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FirstBank Northwest - Overview

  • General
  • FDIC Certificate #: 28351
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sterling Savings Bank (#32158)
    Federal Reserve ID: 77374
    Date Established: January 01, 1920
    WWW: http://www.fbnw.com
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 22 (Interstate: No)
    OTS Docket #: 1415
    FDIC's unique #: 41185
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 21, 1935
    Last Structure Change Effective Date: November 30, 2006
    Last Structure Change Process Date: December 19, 2006
    Last Data Update: December 19, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1300 16th Avenue, Clarkston, WA 99403
    County: Asotin
    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
    Core Based Statistical Area (CBSA): Lewiston, ID-WA (#30300)
    CBSA Metro Statistical Area: Lewiston, ID-WA (#30300)
  • Financial Summary
  • Total assets: $881.3 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, 2005)

  • Dollar figures in thousands
  • 272Total employees (full-time equivalent)
  • $822,644Total assets
  • $23,673Cash and due from depository institutions
  • $82Interest-bearing balances
  • $101,121Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $617,637Net loans & leases
  • $8,519Loan loss allowance
  • $0Trading account assets
  • $17,842Bank premises and fixed assets
  • $0Other real estate owned
  • $19,595Goodwill and other intangibles
  • $0Life insurance assets
  • $42,776All other assets
  • $822,644Total liabilities and capital
  • $745,056Total liabilities
  • $554,545Total deposits
  • $458,402Interest-bearing deposits
  • $554,545Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,016Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $174,394Other borrowed funds
  • $3,000Subordinated debt
  • $7,101All other liabilities
  • $77,588Total equity capital
  • $77,588Total bank equity capital
  • $77,588Perpetual preferred stock
  • $0Common stock
  • $47,868Surplus
  • $0Undivided profits
  • Memoranda
  • $29,720Noncurrent loans and leases
  • $238,993Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,550Earning assets
  • $0Long-term assets (5+ years)
  • $4,391Average Assets, year-to-date
  • $718,840Average Assets, quarterly
  • $246,540Volatile liabilities
  • $807,940Insider loans
  • $816,444FHLB advances
  • $221,556Loans and leases held for sale
  • $2,038Unused loan commitments
  • $173,645Tier 1 (core) risk-based capital
  • $239Tier 2 risk-based capital
  • $5,712Total risk weighted assets
  • $238,993Total unused commitments
  • $759Restructured Loans and leases
  • $10,441Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $48,670Total interest income
  • $17,058Total interest expense
  • $31,612Net interest income
  • $2,050Provision for loan and lease losses
  • $7,143Total noninterest income
  • $0Fiduciary activities
  • $2,118Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,025Additional noninterest income
  • $24,801Total noninterest expense
  • $14,183Salaries and employee benefits
  • $2,787Premises and equipment expense
  • $7,831Additional noninterest expense
  • $11,904Pre-tax net operating income
  • $0Securities gains (losses)
  • $3,653Applicable income taxes
  • $8,251Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,251Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $448Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.01%Yield on earning assets
  • 2.46%Cost of funding earning assets
  • 4.55%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 3.57%Noninterest expense to earning assets
  • 1.02%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.47%Pretax return on assets
  • 11.26%Return on equity (ROE)
  • 11.26%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 457.59%Credit loss provision to net charge-offs
  • 31.15%Efficiency ratio
  • 62,149Assets per employee
  • 3.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 549.61%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.25%Net loans and leases to deposits
  • 111.38%Net loans and leases to core deposits
  • 137.31%Equity capital to assets
  • 9.43%Core capital (leverage) ratio
  • 7.27%Tier 1 risk-based capital ratio
  • 9.82%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $807,940Average earning assets
  • $73,308Average equity
  • $694,356Average loans

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