Bank of Clark County in Vancouver, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 16, 2009

  • Bank of Clark County in Vancouver, Washington (WA)
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Bank of Clark County - Overview

  • General
  • FDIC Certificate #: 34959
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Umpqua Bank (#17266)
    Federal Reserve ID: 2769383
    Date Established: Febuary 08, 1999
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 62133
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 08, 1999
    Last Structure Change Effective Date: January 16, 2009
    Last Structure Change Process Date: January 21, 2009
    Last Data Update: January 21, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 1400 Washington Street, Suite 200, Vancouver, WA 98660
    County: Clark
    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)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $441.1 mil

2000 - 2011 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, 2008)

  • Dollar figures in thousands
  • 93Total employees (full-time equivalent)
  • $441,085Total assets
  • $20,309Cash and due from depository institutions
  • $7,556Interest-bearing balances
  • $4,178Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $394,723Net loans & leases
  • $8,324Loan loss allowance
  • $0Trading account assets
  • $1,546Bank premises and fixed assets
  • $9,522Other real estate owned
  • $0Goodwill and other intangibles
  • $84Life insurance assets
  • $10,807All other assets
  • $441,085Total liabilities and capital
  • $421,754Total liabilities
  • $377,506Total deposits
  • $338,146Interest-bearing deposits
  • $377,506Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $42,239Other borrowed funds
  • $0Subordinated debt
  • $2,009All other liabilities
  • $19,331Total equity capital
  • $19,331Total bank equity capital
  • $19,331Perpetual preferred stock
  • $0Common stock
  • $1,310Surplus
  • $34,599Undivided profits
  • Memoranda
  • $-16,578Noncurrent loans and leases
  • $59,846Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $55,375Earning assets
  • $0Long-term assets (5+ years)
  • $1,552Average Assets, year-to-date
  • $406,457Average Assets, quarterly
  • $17,242Volatile liabilities
  • $437,880Insider loans
  • $452,948FHLB advances
  • $108,783Loans and leases held for sale
  • $4,813Unused loan commitments
  • $42,239Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $59,846Total unused commitments
  • $0Restructured Loans and leases
  • $5,442Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $27,821Total interest income
  • $13,120Total interest expense
  • $14,701Net interest income
  • $30,268Provision for loan and lease losses
  • $781Total noninterest income
  • $0Fiduciary activities
  • $235Service charges on deposit accounts
  • $0Trading account gains & fees
  • $546Additional noninterest income
  • $12,635Total noninterest expense
  • $6,675Salaries and employee benefits
  • $1,103Premises and equipment expense
  • $4,857Additional noninterest expense
  • -$27,421Pre-tax net operating income
  • $4Securities gains (losses)
  • -$3,391Applicable income taxes
  • -$24,026Income before extraordinary items
  • $0Extraordinary gains - net
  • -$24,026Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $26,709Sale, conversion, retirement of capital stock, net
  • $924Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.66%Yield on earning assets
  • 3.14%Cost of funding earning assets
  • 3.52%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 3.03%Noninterest expense to earning assets
  • -5.49%Net operating income to assets
  • -5.49%Return on assets (ROA)
  • -6.26%Pretax return on assets
  • -63.76%Return on equity (ROE)
  • -66.21%Retained earnings to average equity (YTD only)
  • 6.44%Net charge-offs to loans
  • 113.33%Credit loss provision to net charge-offs
  • 0.11%Efficiency ratio
  • 81,611Assets per employee
  • 4.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -3.85%Loss allowance to loans
  • 2.07%Loss allowance to noncurrent loans
  • 15.03%Noncurrent assets plus other real estate owned to assets
  • 14.71%Noncurrent loans to loans
  • 13.74%Net loans and leases to deposits
  • 104.56%Net loans and leases to core deposits
  • 131.31%Equity capital to assets
  • 4.38%Core capital (leverage) ratio
  • 4.16%Tier 1 risk-based capital ratio
  • 4.46%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $437,880Average earning assets
  • $37,681Average equity
  • $417,454Average loans

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