Bank of Tacoma in Tacoma, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 19, 2010

  • Bank of Tacoma in Tacoma, Washington (WA)
  • Show street view No street view available for this location

Bank of Tacoma - Overview

  • General
  • FDIC Certificate #: 58477
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of the Northwest (#58620)
    Federal Reserve ID: 3487358
    Date Established: January 10, 2007
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 453194
    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: January 10, 2007
    Last Structure Change Effective Date: Febuary 19, 2010
    Last Structure Change Process Date: March 03, 2010
    Last Data Update: March 03, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1015 A Street, Tacoma, WA 98402
    County: Pierce
    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): Tacoma, WA (#8200)
    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: Tacoma, WA (#45104)
  • Financial Summary
  • Total assets: $39.2 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, 2009)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $39,229Total assets
  • $8,692Cash and due from depository institutions
  • $8,412Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $29,783Net loans & leases
  • $1,382Loan loss allowance
  • $0Trading account assets
  • $344Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $410All other assets
  • $39,229Total liabilities and capital
  • $36,430Total liabilities
  • $31,678Total deposits
  • $29,156Interest-bearing deposits
  • $31,678Deposits held in domestic offices
  • 94.60%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,678Other borrowed funds
  • $0Subordinated debt
  • $74All other liabilities
  • $2,799Total equity capital
  • $2,799Total bank equity capital
  • $2,799Perpetual preferred stock
  • $0Common stock
  • $4,200Surplus
  • $4,200Undivided profits
  • Memoranda
  • $-5,601Noncurrent loans and leases
  • $1,845Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,535Earning assets
  • $0Long-term assets (5+ years)
  • $107Average Assets, year-to-date
  • $38,195Average Assets, quarterly
  • $5,521Volatile liabilities
  • $45,054Insider loans
  • $41,583FHLB advances
  • $1,597Loans and leases held for sale
  • $2,916Unused loan commitments
  • $4,678Tier 1 (core) risk-based capital
  • $726Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,845Total unused commitments
  • $0Restructured Loans and leases
  • $390Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $2,225Total interest income
  • $896Total interest expense
  • $1,329Net interest income
  • $2,147Provision for loan and lease losses
  • $124Total noninterest income
  • $0Fiduciary activities
  • $15Service charges on deposit accounts
  • $0Trading account gains & fees
  • $109Additional noninterest income
  • $2,057Total noninterest expense
  • $897Salaries and employee benefits
  • $319Premises and equipment expense
  • $841Additional noninterest expense
  • -$2,751Pre-tax net operating income
  • $0Securities gains (losses)
  • $959Applicable income taxes
  • -$3,710Income before extraordinary items
  • $0Extraordinary gains - net
  • -$3,710Net income attributable to bank
  • $0Net charge-offs
  • -$3,710Cash dividends
  • $1,535Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 2.09%Cost of funding earning assets
  • 3.10%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 4.80%Noninterest expense to earning assets
  • -8.23%Net operating income to assets
  • -8.23%Return on assets (ROA)
  • -6.11%Pretax return on assets
  • -73.84%Return on equity (ROE)
  • -73.84%Retained earnings to average equity (YTD only)
  • 4.13%Net charge-offs to loans
  • 139.87%Credit loss provision to net charge-offs
  • -0.39%Efficiency ratio
  • 141,569Assets per employee
  • 5.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.43%Loss allowance to noncurrent loans
  • 90.03%Noncurrent assets plus other real estate owned to assets
  • 3.91%Noncurrent loans to loans
  • 4.93%Net loans and leases to deposits
  • 94.02%Net loans and leases to core deposits
  • 97.39%Equity capital to assets
  • 7.14%Core capital (leverage) ratio
  • 6.91%Tier 1 risk-based capital ratio
  • 9.28%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $45,054Average earning assets
  • $5,025Average equity
  • $42,855Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Tacoma.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents