FDIC Certificate #: 18777 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Umpqua Bank (#17266) Federal Reserve ID: 10577 Date Established: May 10, 1963 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) OTS Docket #: 11772 FDIC's unique #: 12639 Numeric code: 13 Regulator: FED 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: May 10, 1963 Last Structure Change Effective Date: December 31, 2001 Last Structure Change Process Date: Febuary 05, 2002 Last Data Update: Febuary 05, 2002 Data Source Date: April 05, 2012
Location
Address: 1975 Winchester Avenue, Reedsport, OR 97467 County: Douglas 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 Core Based Statistical Area (CBSA): Roseburg, OR (#40700) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $53.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$53,852Total assets
$1,337Cash and due from depository institutions
$25Interest-bearing balances
$20,986Securities
$375Federal funds sold & reverse repurchase agreements
$30,126Net loans & leases
$345Loan loss allowance
$0Trading account assets
$496Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$532All other assets
$53,852Total liabilities and capital
$48,838Total liabilities
$48,264Total deposits
$39,688Interest-bearing deposits
$48,264Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$574All other liabilities
$5,014Total equity capital
$5,014Total bank equity capital
$5,014Perpetual preferred stock
$0Common stock
$245Surplus
$2,942Undivided profits
Memoranda
$1,827Noncurrent loans and leases
$3,302Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$84Earning assets
$0Long-term assets (5+ years)
$133Average Assets, year-to-date
$51,512Average Assets, quarterly
$7,124Volatile liabilities
$52,653Insider loans
$53,469FHLB advances
$2,472Loans and leases held for sale
$429Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,302Total unused commitments
$0Restructured Loans and leases
$345Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$3,948Total interest income
$1,469Total interest expense
$2,479Net interest income
$0Provision for loan and lease losses
$251Total noninterest income
$0Fiduciary activities
$186Service charges on deposit accounts
$0Trading account gains & fees
$65Additional noninterest income
$1,487Total noninterest expense
$819Salaries and employee benefits
$142Premises and equipment expense
$526Additional noninterest expense
$1,243Pre-tax net operating income
$0Securities gains (losses)
$456Applicable income taxes
$787Income before extraordinary items
$0Extraordinary gains - net
$787Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$48Sale, conversion, retirement of capital stock, net
$75Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.97%Yield on earning assets
2.97%Cost of funding earning assets
5.00%Net interest margin
0.51%Noninterest income to earning assets
3.00%Noninterest expense to earning assets
1.49%Net operating income to assets
1.49%Return on assets (ROA)
2.36%Pretax return on assets
17.93%Return on equity (ROE)
16.22%Retained earnings to average equity (YTD only)
0.17%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
25.90%Efficiency ratio
54,469Assets per employee
2.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
9.53%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
410.71%Noncurrent assets plus other real estate owned to assets
0.16%Noncurrent loans to loans
0.28%Net loans and leases to deposits
62.42%Net loans and leases to core deposits
65.79%Equity capital to assets
9.31%Core capital (leverage) ratio
9.07%Tier 1 risk-based capital ratio
14.27%Total risk-based capital ratio
Memoranda
$15Average assets
$52,653Average earning assets
$4,390Average equity
$49,544Average loans
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