Town Center Bank in Portland, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 23, 2007

  • Town Center Bank in Portland, Oregon (OR)
  • Show street view No street view available for this location

Town Center Bank - Overview

  • General
  • FDIC Certificate #: 34469
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Columbia State Bank (#33826)
    Federal Reserve ID: 2595649
    Date Established: July 21, 1997
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 57660
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 21, 1997
    Last Structure Change Effective Date: July 23, 2007
    Last Structure Change Process Date: August 28, 2007
    Last Data Update: August 28, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 10413 S.E. 82nd Avenue, Portland, OR 97266
    County: Multnomah
    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
    Metropolitan Statistical Area (MSA): Portland-Vancouver, OR-WA (#6440)
    Consolidated Metropolitan Statistical Area (CMSA): Portland-Salem, OR-WA (#79)
    Core Based Statistical Area (CBSA): Portland-Vancouver-Hillsboro, OR-WA (#38900)
    CBSA Metro Statistical Area: Portland-Vancouver-Hillsboro, OR-WA (#38900)
  • Financial Summary
  • Total assets: $137.9 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, 2006)

  • Dollar figures in thousands
  • 36Total employees (full-time equivalent)
  • $133,100Total assets
  • $2,461Cash and due from depository institutions
  • $0Interest-bearing balances
  • $13,567Securities
  • $2,500Federal funds sold & reverse repurchase agreements
  • $108,650Net loans & leases
  • $1,173Loan loss allowance
  • $0Trading account assets
  • $1,404Bank premises and fixed assets
  • $181Other real estate owned
  • $0Goodwill and other intangibles
  • $2,265Life insurance assets
  • $4,337All other assets
  • $133,100Total liabilities and capital
  • $117,659Total liabilities
  • $103,294Total deposits
  • $90,644Interest-bearing deposits
  • $103,294Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $5,081Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $8,000Other borrowed funds
  • $0Subordinated debt
  • $1,284All other liabilities
  • $15,441Total equity capital
  • $15,441Total bank equity capital
  • $15,441Perpetual preferred stock
  • $0Common stock
  • $2,750Surplus
  • $7,153Undivided profits
  • Memoranda
  • $5,538Noncurrent loans and leases
  • $19,027Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $60Earning assets
  • $60Long-term assets (5+ years)
  • $691Average Assets, year-to-date
  • $124,717Average Assets, quarterly
  • $12,685Volatile liabilities
  • $124,461Insider loans
  • $131,229FHLB advances
  • $55,020Loans and leases held for sale
  • $1,488Unused loan commitments
  • $8,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,089Total risk weighted assets
  • $19,027Total unused commitments
  • $0Restructured Loans and leases
  • $1,183Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $10,545Total interest income
  • $3,603Total interest expense
  • $6,942Net interest income
  • $285Provision for loan and lease losses
  • $969Total noninterest income
  • $0Fiduciary activities
  • $179Service charges on deposit accounts
  • $0Trading account gains & fees
  • $790Additional noninterest income
  • $4,003Total noninterest expense
  • $2,386Salaries and employee benefits
  • $500Premises and equipment expense
  • $1,117Additional noninterest expense
  • $3,623Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,340Applicable income taxes
  • $2,283Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,283Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $64Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.03%Yield on earning assets
  • 3.09%Cost of funding earning assets
  • 5.94%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 3.43%Noninterest expense to earning assets
  • 1.83%Net operating income to assets
  • 1.83%Return on assets (ROA)
  • 2.91%Pretax return on assets
  • 16.53%Return on equity (ROE)
  • 16.53%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 445.31%Credit loss provision to net charge-offs
  • 61.06%Efficiency ratio
  • 50,600Assets per employee
  • 3.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 1955.00%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 105.19%Net loans and leases to core deposits
  • 183.05%Equity capital to assets
  • 11.60%Core capital (leverage) ratio
  • 12.04%Tier 1 risk-based capital ratio
  • 13.46%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $124,461Average earning assets
  • $13,810Average equity
  • $116,773Average loans

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