FDIC Certificate #: 23625 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Columbia River Bank (#22469) Federal Reserve ID: 912064 Date Established: January 04, 1982 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 9443 FDIC's unique #: 16539 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: January 04, 1982 Last Structure Change Effective Date: December 01, 1999 Last Structure Change Process Date: Febuary 11, 2000 Last Data Update: Febuary 11, 2000 Data Source Date: April 05, 2012
Location
Address: 723 North Baker, Mcminnville, OR 97128 County: Yamhill 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: $54.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
16Total employees (full-time equivalent)
$67,808Total assets
$2,661Cash and due from depository institutions
$74Interest-bearing balances
$6,646Securities
$26,985Federal funds sold & reverse repurchase agreements
$20,330Net loans & leases
$411Loan loss allowance
$0Trading account assets
$1,582Bank premises and fixed assets
$0Other real estate owned
$9,275Goodwill and other intangibles
$0Life insurance assets
$329All other assets
$67,808Total liabilities and capital
$54,052Total liabilities
$52,138Total deposits
$43,027Interest-bearing deposits
$52,138Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,368Other borrowed funds
$0Subordinated debt
$546All other liabilities
$13,756Total equity capital
$13,756Total bank equity capital
$13,756Perpetual preferred stock
$0Common stock
$906Surplus
$12,790Undivided profits
Memoranda
$60Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$130Average Assets, year-to-date
$54,035Average Assets, quarterly
$4,500Volatile liabilities
$46,831Insider loans
$57,788FHLB advances
$1,350Loans and leases held for sale
$792Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,772Total unused commitments
$0Restructured Loans and leases
$29,594Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$3,467Total interest income
$1,187Total interest expense
$2,280Net interest income
$138Provision for loan and lease losses
$253Total noninterest income
$0Fiduciary activities
$199Service charges on deposit accounts
$0Trading account gains & fees
$54Additional noninterest income
$1,142Total noninterest expense
$627Salaries and employee benefits
$129Premises and equipment expense
$386Additional noninterest expense
$1,253Pre-tax net operating income
$3Securities gains (losses)
$448Applicable income taxes
$808Income before extraordinary items
$0Extraordinary gains - net
$808Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$5Sale, conversion, retirement of capital stock, net
$1,685Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.39%Yield on earning assets
2.87%Cost of funding earning assets
5.51%Net interest margin
0.61%Noninterest income to earning assets
2.76%Noninterest expense to earning assets
1.72%Net operating income to assets
1.73%Return on assets (ROA)
2.68%Pretax return on assets
11.93%Return on equity (ROE)
-12.95%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
2760.00%Credit loss provision to net charge-offs
278.20%Efficiency ratio
43,032Assets per employee
4.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
208.54%Loss allowance to loans
1.98%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
38.99%Net loans and leases to core deposits
40.03%Equity capital to assets
20.29%Core capital (leverage) ratio
10.30%Tier 1 risk-based capital ratio
15.21%Total risk-based capital ratio
Memoranda
$16Average assets
$46,831Average earning assets
$6,772Average equity
$41,345Average loans
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