Century Bank in Eugene, Oregon (OR)
| Century Bank | |
|---|---|
| General | FDIC Certificate #: 57720 Status: Active Federal Reserve ID: 3258286 Date Established: April 05, 2004 WWW: http://www.centurybankoregon.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 423009 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: April 05, 2004 Last Structure Change Effective Date: April 03, 2006 Last Structure Change Process Date: April 06, 2006 Last Data Update: April 06, 2006 Data Source Date: April 05, 2012 |
| Location | Address: 169 West 6th Avenue, Eugene, OR 97401 County: Lane 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): Eugene-Springfield, OR (#2400) Core Based Statistical Area (CBSA): Eugene-Springfield, OR (#21660) CBSA Metro Statistical Area: Eugene-Springfield, OR (#21660) |
| History of Changes | Corrections Change in Location |
| Financial Summary | Total assets: $84.9 mil Equity capital: $11.2 mil Deposits held in domestic offices: $69.7 mil Return on assets (ROA): 0.28% ($0.2 mil) Quarterly return on assets: 0.24% ($0.2 mil) Return on Equity (ROE): 2.27% ($0.2 mil) Quarterly return on equity: 1.83% ($0.2 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.62% ($526.6 mil) Quarterly Pretax return on assets: 1.09% ($925.8 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 20 |
| Total assets | $84,932 |
| Cash and due from depository institutions | $16,532 |
| Interest-bearing balances | $12,066 |
| Securities | $101 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $66,331 |
| Loan loss allowance | $1,355 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $134 |
| Other real estate owned | $561 |
| Goodwill and other intangibles | $0 |
| All other assets | $1,273 |
| Life insurance assets | $84,932 |
| Total liabilities and capital | $73,775 |
| Total liabilities | $69,677 |
| Total deposits | $53,691 |
| Interest-bearing deposits | $69,677 |
| Deposits held in domestic offices | $89 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $4,000 |
| Other borrowed funds | $0 |
| Subordinated debt | $98 |
| All other liabilities | $11,157 |
| Total equity capital | $11,157 |
| Total bank equity capital | $11,157 |
| Perpetual preferred stock | $0 |
| Common stock | $9,975 |
| Surplus | $108 |
| Undivided profits | $1,074 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $5,080 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $290 |
| Average Assets, year-to-date | $78,498 |
| Average Assets, quarterly | $7,828 |
| Volatile liabilities | $88,593 |
| Insider loans | $86,000 |
| FHLB advances | $68,425 |
| Loans and leases held for sale | $85,038 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $11,153 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $13,208 |
| Derivatives | $940 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $4,331 |
| Total interest expense | $657 |
| Net interest income | $3,674 |
| Provision for loan and lease losses | $431 |
| Total noninterest income | $236 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $105 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $131 |
| Total noninterest expense | $2,927 |
| Salaries and employee benefits | $1,639 |
| Premises and equipment expense | $378 |
| Additional noninterest expense | $910 |
| Pre-tax net operating income | $552 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $302 |
| Income before extraordinary items | $250 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $250 |
| Net charge-offs | $0 |
| Cash dividends | $250 |
| Sale, conversion, retirement of capital stock, net | $247 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.32% |
| Cost of funding earning assets | 0.81% |
| Net interest margin | 4.52% |
| Noninterest income to earning assets | 0.29% |
| Noninterest expense to earning assets | 3.60% |
| Net operating income to assets | 0.28% |
| Return on assets (ROA) | 0.28% |
| Pretax return on assets | 0.62% |
| Return on equity (ROE) | 2.27% |
| Retained earnings to average equity (YTD only) | 2.27% |
| Net charge-offs to loans | 0.35% |
| Credit loss provision to net charge-offs | 174.49% |
| Efficiency ratio | 3.98% |
| Assets per employee | $74,859 |
| Cash dividends to net income (YTD only) | 4.25% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 2.00% |
| Noncurrent assets plus other real estate owned to assets | 26.67% |
| Noncurrent loans to loans | 6.64% |
| Net loans and leases to deposits | 7.51% |
| Net loans and leases to core deposits | 95.20% |
| Equity capital to assets | 106.35% |
| Core capital (leverage) ratio | 13.14% |
| Tier 1 risk-based capital ratio | 13.12% |
| Total risk-based capital ratio | 16.30% |
| Memoranda | |
| Average assets | $18 |
| Average earning assets | $88,593 |
| Average equity | $10,989 |
| Average loans | $81,361 |
| 1 Oregon Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 423009 | Century Bank | 169 West 6th Avenue, Eugene, OR 97401 | April 05, 2004 | Full Service Brick and Mortar |  |
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