Northwest Business Bank in city_name, state_name - Detailed Financial Reports, Location

Northwest Business Bank in Seattle, Washington (WA)
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Northwest Business Bank - Overview

General
FDIC Certificate #: 34893
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Pacific Continental Bank (#20774)
Federal Reserve ID: 2751593
Date Established: December 08, 1998
WWW: http://www.nwbb.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 61956
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: December 08, 1998
Last Structure Change Effective Date: November 30, 2005
Last Structure Change Process Date: December 21, 2005
Last Data Update: December 21, 2005
Data Source Date: April 05, 2012
Location
Address: Metropolitan Park West, 1100 Olive Way, Suite 101, Seattle, WA 98101
County: King
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: $154.3 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, 2004)

Dollar figures in thousands
24Total employees (full-time equivalent)
$157,266Total assets
$22,633Cash and due from depository institutions
$16,120Interest-bearing balances
$9,976Securities
$3,190Federal funds sold & reverse repurchase agreements
$119,933Net loans & leases
$1,475Loan loss allowance
$0Trading account assets
$243Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,291All other assets
$157,266Total liabilities and capital
$141,015Total liabilities
$125,466Total deposits
$98,682Interest-bearing deposits
$125,466Deposits held in domestic offices
0.00%% insured (estimated)
$289Federal funds purchased & repurchase agreements
$0Trading liabilities
$14,345Other borrowed funds
$0Subordinated debt
$915All other liabilities
$16,251Total equity capital
$16,251Total bank equity capital
$16,251Perpetual preferred stock
$0Common stock
$12,693Surplus
$0Undivided profits
Memoranda
$3,558Noncurrent loans and leases
$25,850Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$23Earning assets
$0Long-term assets (5+ years)
$560Average Assets, year-to-date
$149,219Average Assets, quarterly
$11,240Volatile liabilities
$144,372Insider loans
$154,082FHLB advances
$20,780Loans and leases held for sale
$2,066Unused loan commitments
$14,345Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$25,850Total unused commitments
$0Restructured Loans and leases
$1,475Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$7,936Total interest income
$1,675Total interest expense
$6,261Net interest income
$625Provision for loan and lease losses
$561Total noninterest income
$0Fiduciary activities
$116Service charges on deposit accounts
$0Trading account gains & fees
$445Additional noninterest income
$3,244Total noninterest expense
$1,846Salaries and employee benefits
$487Premises and equipment expense
$911Additional noninterest expense
$2,953Pre-tax net operating income
$0Securities gains (losses)
$1,033Applicable income taxes
$1,920Income before extraordinary items
$0Extraordinary gains - net
$1,920Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$230Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.84%Yield on earning assets
1.23%Cost of funding earning assets
4.60%Net interest margin
0.41%Noninterest income to earning assets
2.39%Noninterest expense to earning assets
1.33%Net operating income to assets
1.33%Return on assets (ROA)
2.05%Pretax return on assets
12.57%Return on equity (ROE)
12.57%Retained earnings to average equity (YTD only)
0.21%Net charge-offs to loans
271.74%Credit loss provision to net charge-offs
15.56%Efficiency ratio
47,552Assets per employee
6.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.21%Loss allowance to noncurrent loans
6413.04%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.02%Net loans and leases to deposits
95.59%Net loans and leases to core deposits
108.07%Equity capital to assets
10.33%Core capital (leverage) ratio
10.89%Tier 1 risk-based capital ratio
12.84%Total risk-based capital ratio
Memoranda
$14Average assets
$144,372Average earning assets
$15,272Average equity
$135,984Average loans

Northwest Business Bank in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Northwest Business Bank - Overview

Assets and Liabilities (December 31, 2004)

Income and Expense (December 31, 2004)

Performance and Condition Ratios (December 31, 2004)

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

Northwest Business Bank in Seattle, Washington (WA)Overview, Financial Summary, Detailed Financial Reports, Branches

Northwest Business Bank - Overview

Assets and Liabilities (December 31, 2004)

Income and Expense (December 31, 2004)

Performance and Condition Ratios (December 31, 2004)

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

Northwest Business Bank in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches