U.S. Bank of Washington, National Association in city_name, state_name

U.S. Bank of Washington, National Association in Seattle, Washington (WA)
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U.S. Bank of Washington, National Association - Overview

General
FDIC Certificate #: 1277
Status: Inactive
Closing history: Corrections
Acquiring institution: United States National Bank of Oregon (#2916)
Federal Reserve ID: 139272
Date Established: January 01, 1889
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 208 (Interstate: No)
OTS Docket #: 9783
FDIC's unique #: 862
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 13, 1997
Last Structure Change Process Date: June 19, 1997
Last Data Update: July 15, 1997
Data Source Date: April 05, 2012
Location
Address: 1420 Fifth Avenue, 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)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $10,385.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$2,670Total assets
$9,703,758Cash and due from depository institutions
$930,651Interest-bearing balances
$152Securities
$782,947Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$7,447,109Loan loss allowance
$142,548Trading account assets
$3,761Bank premises and fixed assets
$98,804Other real estate owned
$8,512Goodwill and other intangibles
$431,910Life insurance assets
$64All other assets
$0Total liabilities and capital
$9,703,758Total liabilities
$9,014,176Total deposits
$7,505,463Interest-bearing deposits
$5,259,150Deposits held in domestic offices
7505463.00%% insured (estimated)
$74Federal funds purchased & repurchase agreements
$608,834Trading liabilities
$2,483Other borrowed funds
$425,869Subordinated debt
$235,000All other liabilities
$236,527Total equity capital
$236,527Total bank equity capital
$689,582Perpetual preferred stock
$0Common stock
$10,000Surplus
$261,521Undivided profits
Memoranda
$418,061Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$62,702Income earned, not collected on loans
$47,157Earning assets
$8,230,208Long-term assets (5+ years)
$1,809,188Average Assets, year-to-date
$9,416,587Average Assets, quarterly
$9,604,779Volatile liabilities
$1,652,763Insider loans
$113,325FHLB advances
$0Loans and leases held for sale
$42,262Unused loan commitments
$4,800,252Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$690,006Total risk weighted assets
$9,953,965Total unused commitments
$0Restructured Loans and leases
$1,589,180Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$733,825Total interest expense
$277,041Net interest income
$456,784Provision for loan and lease losses
$33,113Total noninterest income
$138,320Fiduciary activities
$20,716Service charges on deposit accounts
$63,457Trading account gains & fees
$1,684Additional noninterest income
$52,463Total noninterest expense
$323,807Salaries and employee benefits
$123,228Premises and equipment expense
$70,960Additional noninterest expense
$129,619Pre-tax net operating income
$238,184Securities gains (losses)
$784Applicable income taxes
$79,359Income before extraordinary items
$159,609Extraordinary gains - net
$0Net income attributable to bank
$159,609Net charge-offs
$22,447Cash dividends
$230,000Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.04%Cost of funding earning assets
3.41%Net interest margin
5.63%Noninterest income to earning assets
1.70%Noninterest expense to earning assets
3.99%Net operating income to assets
1.69%Return on assets (ROA)
1.69%Pretax return on assets
2.54%Return on equity (ROE)
21.83%Retained earnings to average equity (YTD only)
-9.63%Net charge-offs to loans
0.31%Credit loss provision to net charge-offs
147.52%Efficiency ratio
54,410Assets per employee
3.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
144.10%Loss allowance to loans
1.88%Loss allowance to noncurrent loans
227.34%Noncurrent assets plus other real estate owned to assets
0.73%Noncurrent loans to loans
0.83%Net loans and leases to deposits
99.22%Net loans and leases to core deposits
109.83%Equity capital to assets
7.11%Core capital (leverage) ratio
7.45%Tier 1 risk-based capital ratio
6.93%Total risk-based capital ratio
Memoranda
$11Average assets
$9,416,587Average earning assets
$731,252Average equity
$8,119,043Average loans

U.S. Bank of Washington, National Association in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

U.S. Bank of Washington, National Association - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

U.S. Bank of Washington, National Association in Seattle, Washington (WA)Overview, Financial Summary, Detailed Financial Reports, Branches

U.S. Bank of Washington, National Association - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

U.S. Bank of Washington, National Association in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches