North Central Washington Bank in Omak, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 28, 1996

North Central Washington Bank in Omak, Washington (WA)
Show street view No street view available for this location

North Central Washington Bank - Overview

General
FDIC Certificate #: 26772
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Central Washington Bank (#19363)
Federal Reserve ID: 416375
Date Established: August 28, 1986
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 35917
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: August 28, 1986
Last Structure Change Effective Date: August 28, 1996
Last Structure Change Process Date: November 04, 1996
Last Data Update: November 04, 1996
Data Source Date: April 05, 2012
Location
Address: 21 West First Street, Omak, WA 98841
County: Okanogan
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
Financial Summary
Total assets: $55.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$35Total assets
$56,395Cash and due from depository institutions
$6,308Interest-bearing balances
$2,664Securities
$14,740Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$33,064Loan loss allowance
$490Trading account assets
$0Bank premises and fixed assets
$1,612Other real estate owned
$0Goodwill and other intangibles
$671Life insurance assets
$0All other assets
$0Total liabilities and capital
$56,395Total liabilities
$51,542Total deposits
$51,204Interest-bearing deposits
$43,276Deposits held in domestic offices
51204.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$338Total equity capital
$338Total bank equity capital
$4,853Perpetual preferred stock
$0Common stock
$1,500Surplus
$2,619Undivided profits
Memoranda
$734Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$179Income earned, not collected on loans
$381Earning assets
$50,468Long-term assets (5+ years)
$15,343Average Assets, year-to-date
$54,883Average Assets, quarterly
$55,366Volatile liabilities
$2,056Insider loans
$674FHLB advances
$0Loans and leases held for sale
$48Unused loan commitments
$3,258Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,832Total risk weighted assets
$32,918Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$4,059Total interest expense
$1,536Net interest income
$2,523Provision for loan and lease losses
$30Total noninterest income
$441Fiduciary activities
$0Service charges on deposit accounts
$304Trading account gains & fees
$0Additional noninterest income
$137Total noninterest expense
$1,754Salaries and employee benefits
$906Premises and equipment expense
$177Additional noninterest expense
$671Pre-tax net operating income
$1,180Securities gains (losses)
$0Applicable income taxes
$450Income before extraordinary items
$730Extraordinary gains - net
$0Net income attributable to bank
$730Net charge-offs
-$22Cash dividends
$465Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.30%Cost of funding earning assets
3.14%Net interest margin
5.16%Noninterest income to earning assets
0.90%Noninterest expense to earning assets
3.59%Net operating income to assets
1.33%Return on assets (ROA)
1.33%Pretax return on assets
2.15%Return on equity (ROE)
15.49%Retained earnings to average equity (YTD only)
5.62%Net charge-offs to loans
-0.07%Credit loss provision to net charge-offs
-136.36%Efficiency ratio
59,177Assets per employee
1.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.70%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
273.74%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.53%Net loans and leases to deposits
64.57%Net loans and leases to core deposits
67.27%Equity capital to assets
8.61%Core capital (leverage) ratio
8.56%Tier 1 risk-based capital ratio
14.68%Total risk-based capital ratio
Memoranda
$16Average assets
$54,883Average earning assets
$4,713Average equity
$48,896Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with North Central Washington Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.