Valley Commercial Bank in Clarkston, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 03, 1994

Valley Commercial Bank in Clarkston, Washington (WA)
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Valley Commercial Bank - Overview

General
FDIC Certificate #: 19060
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: West One Bank, Washington (#22192)
Federal Reserve ID: 120579
Date Established: Febuary 14, 1964
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 12895
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: Febuary 14, 1964
Last Structure Change Effective Date: September 03, 1994
Last Structure Change Process Date: October 31, 1994
Last Data Update: October 31, 1994
Data Source Date: April 05, 2012
Location
Address: Fifth And Diagonal Streets, Clarkston, WA 99403
County: Asotin
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
Core Based Statistical Area (CBSA): Lewiston, ID-WA (#30300)
CBSA Metro Statistical Area: Lewiston, ID-WA (#30300)
Financial Summary
Total assets: $62.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$28Total assets
$63,631Cash and due from depository institutions
$3,734Interest-bearing balances
$99Securities
$23,216Federal funds sold & reverse repurchase agreements
$11,650Net loans & leases
$22,663Loan loss allowance
$717Trading account assets
$0Bank premises and fixed assets
$863Other real estate owned
$559Goodwill and other intangibles
$901Life insurance assets
$45All other assets
$0Total liabilities and capital
$63,631Total liabilities
$55,288Total deposits
$54,613Interest-bearing deposits
$44,702Deposits held in domestic offices
54613.00%% insured (estimated)
$84Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$123Subordinated debt
$0All other liabilities
$552Total equity capital
$552Total bank equity capital
$8,343Perpetual preferred stock
$0Common stock
$204Surplus
$2,781Undivided profits
Memoranda
$5,358Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3Income earned, not collected on loans
$169Earning assets
$57,628Long-term assets (5+ years)
$5,157Average Assets, year-to-date
$59,432Average Assets, quarterly
$61,591Volatile liabilities
$2,885Insider loans
$533FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,508Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,298Total risk weighted assets
$33,569Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$3,726Total interest expense
$1,400Net interest income
$2,326Provision for loan and lease losses
$120Total noninterest income
$414Fiduciary activities
$0Service charges on deposit accounts
$290Trading account gains & fees
$0Additional noninterest income
$124Total noninterest expense
$1,448Salaries and employee benefits
$735Premises and equipment expense
$177Additional noninterest expense
$536Pre-tax net operating income
$1,172Securities gains (losses)
$0Applicable income taxes
$395Income before extraordinary items
$777Extraordinary gains - net
-$14Net income attributable to bank
$763Net charge-offs
$34Cash dividends
$170Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.94%Cost of funding earning assets
2.61%Net interest margin
4.33%Noninterest income to earning assets
0.77%Noninterest expense to earning assets
2.70%Net operating income to assets
1.31%Return on assets (ROA)
1.28%Pretax return on assets
1.95%Return on equity (ROE)
9.36%Retained earnings to average equity (YTD only)
7.28%Net charge-offs to loans
0.15%Credit loss provision to net charge-offs
352.94%Efficiency ratio
52,591Assets per employee
2.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
22.28%Loss allowance to loans
3.07%Loss allowance to noncurrent loans
23900.00%Noncurrent assets plus other real estate owned to assets
0.88%Noncurrent loans to loans
0.01%Net loans and leases to deposits
41.50%Net loans and leases to core deposits
43.81%Equity capital to assets
13.11%Core capital (leverage) ratio
13.33%Tier 1 risk-based capital ratio
24.72%Total risk-based capital ratio
Memoranda
$26Average assets
$59,432Average earning assets
$8,149Average equity
$53,693Average loans

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