Benton County Bank in Corvallis, Oregon (OR)

Show street view No street view available for this location
Table of contents:
Benton County Bank
GeneralFDIC Certificate #: 22513
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Security Bank of Oregon (#22743)
Federal Reserve ID: 220460
Date Established: August 29, 1977
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 15701
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: August 29, 1977
Last Structure Change Effective Date: May 01, 1993
Last Structure Change Process Date: May 04, 1993
Last Data Update: May 04, 1993
Data Source Date: April 05, 2012
LocationAddress: 200 S.W. Fourth Street, Corvallis, OR 97339
County: Benton
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): Corvallis, OR (#1890)
Combined Statistical Area (CSA): Albany-Corvallis-Lebanon, OR (#102)
Core Based Statistical Area (CBSA): Corvallis, OR (#18700)
CBSA Metro Statistical Area: Corvallis, OR (#18700)
Financial SummaryTotal assets: $35.5 mil
Assets and Liabilities (December 31, 1992)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$19
Cash and due from depository institutions$35,324
Interest-bearing balances$1,987
Federal funds sold & reverse repurchase agreements$12,093
Net loans & leases$3,050
Loan loss allowance $16,825
Trading account assets$175
Bank premises and fixed assets$0
Other real estate owned$841
Goodwill and other intangibles$0
All other assets$0
Life insurance assets$528
Total liabilities and capital$0
Total liabilities$35,324
Total deposits$32,534
Interest-bearing deposits$31,563
Deposits held in domestic offices$25,533
% insured (estimated)31563.00%
Federal funds purchased & repurchase agreements $93
Trading liabilities$899
Other borrowed funds $0
Subordinated debt $0
All other liabilities $0
Total equity capital$72
Total bank equity capital$72
Perpetual preferred stock$2,790
Common stock$0
Undivided profits $1,500
Noncurrent loans and leases $390
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $45
Earning assets $98
Long-term assets (5+ years) $31,968
Average Assets, year-to-date $4,470
Average Assets, quarterly $32,488
Volatile liabilities $34,926
Insider loans $2,642
FHLB advances $89
Loans and leases held for sale $0
Unused loan commitments $0
Tier 1 (core) risk-based capital $2,092
Tier 2 risk-based capital $0
Total risk weighted assets $2,790
Total unused commitments $18,508
Restructured Loans and leases $0
Back to page top, Back to table top

Income and Expense (December 31, 1992)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $2,462
Net interest income $912
Provision for loan and lease losses $1,550
Total noninterest income $43
Fiduciary activities $251
Service charges on deposit accounts $0
Trading account gains & fees $203
Additional noninterest income $0
Total noninterest expense $48
Salaries and employee benefits $1,310
Premises and equipment expense $661
Additional noninterest expense $201
Pre-tax net operating income $448
Securities gains (losses) $448
Applicable income taxes $21
Income before extraordinary items $141
Extraordinary gains - net $328
Net income attributable to bank $0
Net charge-offs $328
Cash dividends -$1
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 1992)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 8.45%
Net interest margin 3.13%
Noninterest income to earning assets 5.32%
Noninterest expense to earning assets 0.86%
Net operating income to assets 4.50%
Return on assets (ROA) 0.96%
Pretax return on assets 1.01%
Return on equity (ROE) 1.44%
Retained earnings to average equity (YTD only) 12.45%
Net charge-offs to loans 12.45%
Credit loss provision to net charge-offs -0.01%
Efficiency ratio-4300.00%
Assets per employee$72,737
Cash dividends to net income (YTD only)1.86%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.03%
Noncurrent assets plus other real estate owned to assets 388.89%
Noncurrent loans to loans 0.13%
Net loans and leases to deposits0.26%
Net loans and leases to core deposits 53.31%
Equity capital to assets 56.42%
Core capital (leverage) ratio 7.90%
Tier 1 risk-based capital ratio 7.98%
Total risk-based capital ratio 15.07%
Average assets$16
Average earning assets$32,488
Average equity $2,634
Average loans $29,129
Back to page top, Back to table top

User Contributions:

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 Benton County Bank.
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.