FDIC Certificate #: 27522 Status: Inactive Closing history: Change in Location Acquiring institution:Pacific One Bank (#34181) Federal Reserve ID: 1399185 Date Established: June 01, 1989 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 40255 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: June 01, 1989 Last Structure Change Effective Date: May 31, 1996 Last Structure Change Process Date: June 05, 1996 Last Data Update: June 05, 1996 Data Source Date: April 05, 2012
Location
Address: 34 East Main Street, Weiser, ID 83672 County: Washington Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western
History of Changes
Merger - Without Assistance
Corrections
Office Purchased
Change in Location
Financial Summary
Total assets: $289.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1995)
Dollar figures in thousands
0Total employees (full-time equivalent)
$105Total assets
$292,168Cash and due from depository institutions
$1Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$277,909Loan loss allowance
$5,427Trading account assets
$0Bank premises and fixed assets
$482Other real estate owned
$0Goodwill and other intangibles
$13,776Life insurance assets
$0All other assets
$0Total liabilities and capital
$292,168Total liabilities
$271,223Total deposits
$73,960Interest-bearing deposits
$21,469Deposits held in domestic offices
73960.00%% insured (estimated)
$2Federal funds purchased & repurchase agreements
$187,600Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$5,500All other liabilities
$4,163Total equity capital
$4,163Total bank equity capital
$20,945Perpetual preferred stock
$0Common stock
$4,200Surplus
$8,600Undivided profits
Memoranda
$8,145Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,014Income earned, not collected on loans
$0Earning assets
$277,909Long-term assets (5+ years)
$0Average Assets, year-to-date
$248,538Average Assets, quarterly
$270,719Volatile liabilities
$208,915Insider loans
$1,032FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,273,923Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$20,945Total risk weighted assets
$291,405Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 1995)
Dollar figures in thousands
$0Total interest income
$34,296Total interest expense
$13,183Net interest income
$21,113Provision for loan and lease losses
$9,570Total noninterest income
$30,665Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$30,665Total noninterest expense
$35,398Salaries and employee benefits
$4,431Premises and equipment expense
$2,280Additional noninterest expense
$28,687Pre-tax net operating income
$6,810Securities gains (losses)
$0Applicable income taxes
$2,743Income before extraordinary items
$4,067Extraordinary gains - net
$0Net income attributable to bank
$4,067Net charge-offs
$7,140Cash dividends
$4,245Sale, 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
14.22%Cost of funding earning assets
5.46%Net interest margin
8.75%Noninterest income to earning assets
12.71%Noninterest expense to earning assets
14.67%Net operating income to assets
1.64%Return on assets (ROA)
1.64%Pretax return on assets
2.74%Return on equity (ROE)
22.33%Retained earnings to average equity (YTD only)
-0.98%Net charge-offs to loans
2.92%Credit loss provision to net charge-offs
134.03%Efficiency ratio
68,365Assets per employee
2.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
104.38%Loss allowance to loans
1.92%Loss allowance to noncurrent loans
180.06%Noncurrent assets plus other real estate owned to assets
1.03%Noncurrent loans to loans
1.06%Net loans and leases to deposits
375.76%Net loans and leases to core deposits
527.89%Equity capital to assets
7.17%Core capital (leverage) ratio
8.09%Tier 1 risk-based capital ratio
7.19%Total risk-based capital ratio
Memoranda
$10Average assets
$248,538Average earning assets
$18,215Average equity
$241,257Average loans
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