Linn-Benton Bank in Albany, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 27, 2001

Linn-Benton Bank in Albany, Oregon (OR)
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Linn-Benton Bank - Overview

General
FDIC Certificate #: 32761
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Umpqua Bank (#17266)
Federal Reserve ID: 1436464
Date Established: Febuary 12, 1990
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 13203
FDIC's unique #: 45632
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: Febuary 12, 1990
Last Structure Change Effective Date: December 27, 2001
Last Structure Change Process Date: Febuary 05, 2002
Last Data Update: Febuary 05, 2002
Data Source Date: April 05, 2012
Location
Address: 333 Southwest Ellsworth, Albany, OR 97321
County: Linn
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
Combined Statistical Area (CSA): Albany-Corvallis-Lebanon, OR (#102)
Core Based Statistical Area (CBSA): Albany-Lebanon, OR (#10540)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $115.3 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
51Total employees (full-time equivalent)
$112,251Total assets
$16,032Cash and due from depository institutions
$10,272Interest-bearing balances
$10,508Securities
$0Federal funds sold & reverse repurchase agreements
$80,739Net loans & leases
$1,131Loan loss allowance
$0Trading account assets
$3,618Bank premises and fixed assets
$165Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,189All other assets
$112,251Total liabilities and capital
$103,281Total liabilities
$99,495Total deposits
$78,803Interest-bearing deposits
$99,495Deposits held in domestic offices
0.00%% insured (estimated)
$2,277Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,000Other borrowed funds
$0Subordinated debt
$509All other liabilities
$8,970Total equity capital
$8,970Total bank equity capital
$8,970Perpetual preferred stock
$0Common stock
$7,362Surplus
$1,479Undivided profits
Memoranda
$129Noncurrent loans and leases
$14,906Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,403Earning assets
$0Long-term assets (5+ years)
$596Average Assets, year-to-date
$101,519Average Assets, quarterly
$20,543Volatile liabilities
$107,690Insider loans
$112,541FHLB advances
$12,084Loans and leases held for sale
$756Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$14,906Total unused commitments
$0Restructured Loans and leases
$1,131Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$8,867Total interest income
$3,545Total interest expense
$5,322Net interest income
$311Provision for loan and lease losses
$869Total noninterest income
$0Fiduciary activities
$418Service charges on deposit accounts
$0Trading account gains & fees
$451Additional noninterest income
$3,930Total noninterest expense
$2,465Salaries and employee benefits
$375Premises and equipment expense
$1,090Additional noninterest expense
$1,950Pre-tax net operating income
-$26Securities gains (losses)
$642Applicable income taxes
$1,282Income before extraordinary items
$0Extraordinary gains - net
$1,282Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$106Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.26%Yield on earning assets
3.70%Cost of funding earning assets
5.56%Net interest margin
0.91%Noninterest income to earning assets
4.10%Noninterest expense to earning assets
1.21%Net operating income to assets
1.19%Return on assets (ROA)
1.79%Pretax return on assets
15.79%Return on equity (ROE)
15.79%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
293.40%Credit loss provision to net charge-offs
21.33%Efficiency ratio
63,479Assets per employee
2.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.38%Loss allowance to noncurrent loans
47.07%Noncurrent assets plus other real estate owned to assets
2.29%Noncurrent loans to loans
2.94%Net loans and leases to deposits
81.15%Net loans and leases to core deposits
89.03%Equity capital to assets
7.99%Core capital (leverage) ratio
7.93%Tier 1 risk-based capital ratio
9.65%Total risk-based capital ratio
Memoranda
$11Average assets
$107,690Average earning assets
$8,120Average equity
$95,747Average loans

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