West One Bank, Washington in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 1996

  • West One Bank, Washington in Seattle, Washington (WA)
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West One Bank, Washington - Overview

  • General
  • FDIC Certificate #: 22192
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: U.S. Bank of Washington, National Association (#1277)
    Federal Reserve ID: 1016978
    Date Established: January 05, 1976
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 62 (Interstate: No)
    OTS Docket #: 11412
    FDIC's unique #: 15421
    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 05, 1976
    Last Structure Change Effective Date: June 13, 1996
    Last Structure Change Process Date: June 26, 1996
    Last Data Update: June 26, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1301 Fifth Avenue, Seattle, WA 98111
    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: $2,162.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $773Total assets
  • $2,208,335Cash and due from depository institutions
  • $124,847Interest-bearing balances
  • $30Securities
  • $328,522Federal funds sold & reverse repurchase agreements
  • $66,788Net loans & leases
  • $1,605,279Loan loss allowance
  • $31,047Trading account assets
  • $0Bank premises and fixed assets
  • $32,088Other real estate owned
  • $605Goodwill and other intangibles
  • $50,206Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $2,208,335Total liabilities
  • $2,054,756Total deposits
  • $1,788,898Interest-bearing deposits
  • $1,444,445Deposits held in domestic offices
  • 1788898.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $123,034Trading liabilities
  • $0Other borrowed funds
  • $104,000Subordinated debt
  • $13,500All other liabilities
  • $25,324Total equity capital
  • $25,324Total bank equity capital
  • $153,579Perpetual preferred stock
  • $0Common stock
  • $3,433Surplus
  • $122,030Undivided profits
  • Memoranda
  • $28,116Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,010Income earned, not collected on loans
  • $10,768Earning assets
  • $2,000,619Long-term assets (5+ years)
  • $510,593Average Assets, year-to-date
  • $2,170,718Average Assets, quarterly
  • $2,213,345Volatile liabilities
  • $377,232Insider loans
  • $20,603FHLB advances
  • $0Loans and leases held for sale
  • $3,474Unused loan commitments
  • $715,977Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $152,567Total risk weighted assets
  • $1,785,754Total unused commitments
  • $0Restructured Loans and leases
  • $21,706Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $170,066Total interest expense
  • $76,670Net interest income
  • $93,396Provision for loan and lease losses
  • $14,800Total noninterest income
  • $16,525Fiduciary activities
  • $0Service charges on deposit accounts
  • $9,680Trading account gains & fees
  • $825Additional noninterest income
  • $6,020Total noninterest expense
  • $88,187Salaries and employee benefits
  • $32,126Premises and equipment expense
  • $9,237Additional noninterest expense
  • $46,824Pre-tax net operating income
  • $6,934Securities gains (losses)
  • $83Applicable income taxes
  • $311Income before extraordinary items
  • $6,706Extraordinary gains - net
  • $0Net income attributable to bank
  • $6,706Net charge-offs
  • $2,403Cash dividends
  • $6,156Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.63%Cost of funding earning assets
  • 3.89%Net interest margin
  • 4.74%Noninterest income to earning assets
  • 0.84%Noninterest expense to earning assets
  • 4.47%Net operating income to assets
  • 0.31%Return on assets (ROA)
  • 0.31%Pretax return on assets
  • 0.32%Return on equity (ROE)
  • 4.36%Retained earnings to average equity (YTD only)
  • 0.36%Net charge-offs to loans
  • 0.15%Credit loss provision to net charge-offs
  • 615.90%Efficiency ratio
  • 80,228Assets per employee
  • 2.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 91.80%Loss allowance to loans
  • 1.90%Loss allowance to noncurrent loans
  • 1544.63%Noncurrent assets plus other real estate owned to assets
  • 0.12%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 89.74%Net loans and leases to core deposits
  • 102.34%Equity capital to assets
  • 6.95%Core capital (leverage) ratio
  • 7.01%Tier 1 risk-based capital ratio
  • 8.54%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,170,718Average earning assets
  • $153,883Average equity
  • $1,971,501Average loans

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