Washington Mutual, A FSB in city_name, state_name - Detailed Financial Reports, Location

Washington Mutual, A FSB in Seattle, Washington (WA)
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Washington Mutual, A FSB - Overview

General
FDIC Certificate #: 28089
Status: Inactive
Closing history: Corrections
Acquiring institution: Washington Mutual Bank (#9576)
Federal Reserve ID: 744975
Date Established: January 01, 1921
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 883
FDIC's unique #: 40923
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: December 06, 1934
Last Structure Change Effective Date: December 02, 1995
Last Structure Change Process Date: January 11, 1996
Last Data Update: November 10, 1997
Data Source Date: April 05, 2012
Location
Address: 1191 Second 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: $8,582.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$1,318Total assets
$9,771,632Cash and due from depository institutions
$97,934Interest-bearing balances
$1,236Securities
$851,694Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$8,083,038Loan loss allowance
$70,844Trading account assets
$0Bank premises and fixed assets
$75,969Other real estate owned
$8,117Goodwill and other intangibles
$461,348Life insurance assets
$193,532All other assets
$0Total liabilities and capital
$9,771,632Total liabilities
$8,887,916Total deposits
$5,518,432Interest-bearing deposits
$5,356,967Deposits held in domestic offices
5518432.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$125,427Trading liabilities
$0Other borrowed funds
$3,016,439Subordinated debt
$0All other liabilities
$227,618Total equity capital
$227,618Total bank equity capital
$883,716Perpetual preferred stock
$0Common stock
$1,000Surplus
$662,570Undivided profits
Memoranda
$220,146Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$28,395Income earned, not collected on loans
$46,448Earning assets
$8,935,968Long-term assets (5+ years)
$0Average Assets, year-to-date
$9,605,353Average Assets, quarterly
$10,002,457Volatile liabilities
$3,800,325Insider loans
$0FHLB advances
$2,935,457Loans and leases held for sale
$0Unused loan commitments
$238,605Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$698,743Total risk weighted assets
$5,762,652Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$593,937Total interest expense
$353,110Net interest income
$240,827Provision for loan and lease losses
$14,200Total noninterest income
$63,503Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$63,503Total noninterest expense
$141,322Salaries and employee benefits
$48,337Premises and equipment expense
$24,996Additional noninterest expense
$67,989Pre-tax net operating income
$148,808Securities gains (losses)
$715Applicable income taxes
$59,816Income before extraordinary items
$89,707Extraordinary gains - net
$0Net income attributable to bank
$89,707Net charge-offs
$4,033Cash dividends
$0Sale, conversion, retirement of capital stock, net
$633Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.80%Cost of funding earning assets
4.04%Net interest margin
2.76%Noninterest income to earning assets
0.73%Noninterest expense to earning assets
1.62%Net operating income to assets
0.93%Return on assets (ROA)
0.93%Pretax return on assets
1.56%Return on equity (ROE)
10.71%Retained earnings to average equity (YTD only)
10.71%Net charge-offs to loans
0.05%Credit loss provision to net charge-offs
352.10%Efficiency ratio
37,466Assets per employee
7.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.87%Loss allowance to noncurrent loans
249.49%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.35%Net loans and leases to deposits
146.47%Net loans and leases to core deposits
166.32%Equity capital to assets
9.04%Core capital (leverage) ratio
7.29%Tier 1 risk-based capital ratio
12.13%Total risk-based capital ratio
Memoranda
$13Average assets
$9,605,353Average earning assets
$837,650Average equity
$8,735,701Average loans

Washington Mutual, A FSB in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Washington Mutual, A FSB - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

Washington Mutual, A FSB in Seattle, Washington (WA)Overview, Financial Summary, Detailed Financial Reports, Branches

Washington Mutual, A FSB - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

Washington Mutual, A FSB in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches