FDIC Certificate #: 33349 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Banner Bank (#28489) Federal Reserve ID: 1856071 Date Established: April 01, 1991 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 7 (Interstate: No) OTS Docket #: 12647 FDIC's unique #: 46928 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: April 01, 1991 Last Structure Change Effective Date: October 30, 2000 Last Structure Change Process Date: January 31, 2001 Last Data Update: January 31, 2001 Data Source Date: April 05, 2012
Location
Address: 17530 132nd Avenue, N.E., Woodinville, WA 98072 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: $360.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
88Total employees (full-time equivalent)
$302,473Total assets
$8,492Cash and due from depository institutions
$558Interest-bearing balances
$3,923Securities
$0Federal funds sold & reverse repurchase agreements
$268,117Net loans & leases
$2,959Loan loss allowance
$0Trading account assets
$1,917Bank premises and fixed assets
$205Other real estate owned
$17,010Goodwill and other intangibles
$0Life insurance assets
$2,809All other assets
$302,473Total liabilities and capital
$261,391Total liabilities
$245,847Total deposits
$210,145Interest-bearing deposits
$245,847Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$13,500Other borrowed funds
$0Subordinated debt
$2,044All other liabilities
$41,082Total equity capital
$41,082Total bank equity capital
$41,082Perpetual preferred stock
$0Common stock
$2,851Surplus
$36,119Undivided profits
Memoranda
$2,112Noncurrent loans and leases
$67,085Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$964Earning assets
$0Long-term assets (5+ years)
$1,444Average Assets, year-to-date
$272,598Average Assets, quarterly
$34,861Volatile liabilities
$249,815Insider loans
$287,837FHLB advances
$99,168Loans and leases held for sale
$491Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,238Total risk weighted assets
$67,085Total unused commitments
$0Restructured Loans and leases
$2,959Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$22,177Total interest income
$8,838Total interest expense
$13,339Net interest income
$1,380Provision for loan and lease losses
$1,061Total noninterest income
$0Fiduciary activities
$597Service charges on deposit accounts
$0Trading account gains & fees
$464Additional noninterest income
$9,000Total noninterest expense
$4,086Salaries and employee benefits
$1,390Premises and equipment expense
$3,524Additional noninterest expense
$4,020Pre-tax net operating income
$0Securities gains (losses)
$1,905Applicable income taxes
$2,115Income before extraordinary items
$0Extraordinary gains - net
$2,115Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$351Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
10.11%Yield on earning assets
4.03%Cost of funding earning assets
6.08%Net interest margin
0.48%Noninterest income to earning assets
4.10%Noninterest expense to earning assets
0.85%Net operating income to assets
0.85%Return on assets (ROA)
1.61%Pretax return on assets
5.71%Return on equity (ROE)
5.71%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
393.16%Credit loss provision to net charge-offs
15.38%Efficiency ratio
52,951Assets per employee
3.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.09%Loss allowance to noncurrent loans
306.95%Noncurrent assets plus other real estate owned to assets
0.39%Noncurrent loans to loans
0.36%Net loans and leases to deposits
109.06%Net loans and leases to core deposits
167.39%Equity capital to assets
13.58%Core capital (leverage) ratio
8.91%Tier 1 risk-based capital ratio
8.78%Total risk-based capital ratio
Memoranda
$10Average assets
$249,815Average earning assets
$37,049Average equity
$219,383Average loans
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