Clatsop Community Bank in Seaside, Oregon (OR)



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Clatsop Community Bank routing number info

Table of contents:
Clatsop Community Bank
GeneralFDIC Certificate #: 58660
Status: Active
Federal Reserve ID: 3730746
Date Established: April 22, 2008
WWW: http://www.clatsopbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 462006
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 22, 2008
Last Structure Change Effective Date: July 26, 2010
Last Structure Change Process Date: July 26, 2010
Last Data Update: July 26, 2010
Data Source Date: April 05, 2012
LocationAddress: 1150 S. Roosevelt Drive, Suite 101, Seaside, OR 97138
County: Clatsop
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
Core Based Statistical Area (CBSA): Astoria, OR (#11820)
CBSA Micro Statistical Area: Yes
History of ChangesCorrections
Name Change
Financial SummaryTotal assets: $55.8 mil
Equity capital: $7.0 mil
Deposits held in domestic offices: $47.1 mil
Return on assets (ROA): 0.09% ($0.1 mil)
Quarterly return on assets: 0.22% ($0.1 mil)
Return on Equity (ROE): 0.65% ($0.0 mil)
Quarterly return on equity: 1.77% ($0.1 mil)
Net income: $0.0 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.10% ($55.8 mil)
Quarterly Pretax return on assets: 0.24% ($133.8 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)16
Total assets$55,770
Cash and due from depository institutions$1,774
Interest-bearing balances$6
Securities$15,538
Federal funds sold & reverse repurchase agreements$1,855
Net loans & leases$33,155
Loan loss allowance $648
Trading account assets$0
Bank premises and fixed assets$2,998
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$450
Life insurance assets$55,770
Total liabilities and capital$48,759
Total liabilities$47,094
Total deposits$36,004
Interest-bearing deposits$47,094
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$1,500
Other borrowed funds $0
Subordinated debt $165
All other liabilities $7,011
Total equity capital$7,011
Total bank equity capital$7,011
Perpetual preferred stock$0
Common stock$10,860
Surplus$0
Undivided profits $-3,849
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 $215
Earning assets $0
Long-term assets (5+ years) $193
Average Assets, year-to-date $50,554
Average Assets, quarterly $32,062
Volatile liabilities $50,089
Insider loans $55,247
FHLB advances $39,270
Loans and leases held for sale $55,382
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $6,855
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $11,771
Derivatives$4,083
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,360
Total interest expense $348
Net interest income $2,012
Provision for loan and lease losses $0
Total noninterest income $125
Fiduciary activities $0
Service charges on deposit accounts $38
Trading account gains & fees $0
Additional noninterest income $87
Total noninterest expense $2,120
Salaries and employee benefits $926
Premises and equipment expense $513
Additional noninterest expense $681
Pre-tax net operating income $17
Securities gains (losses) $31
Applicable income taxes $3
Income before extraordinary items $45
Extraordinary gains - net $0
Net income attributable to bank $45
Net charge-offs $0
Cash dividends $45
Sale, conversion, retirement of capital stock, net $2
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.09%
Cost of funding earning assets 0.75%
Net interest margin 4.34%
Noninterest income to earning assets 0.27%
Noninterest expense to earning assets 4.57%
Net operating income to assets 0.03%
Return on assets (ROA) 0.09%
Pretax return on assets 0.10%
Return on equity (ROE) 0.65%
Retained earnings to average equity (YTD only) 0.65%
Net charge-offs to loans 0.01%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio8.50%
Assets per employee$99,204
Cash dividends to net income (YTD only)3.49%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.92%
Noncurrent assets plus other real estate owned to assets 301.40%
Noncurrent loans to loans 0.39%
Net loans and leases to deposits0.64%
Net loans and leases to core deposits 70.40%
Equity capital to assets 82.30%
Core capital (leverage) ratio 12.57%
Tier 1 risk-based capital ratio 12.38%
Total risk-based capital ratio 17.46%
Memoranda
Average assets$19
Average earning assets$50,089
Average equity $6,901
Average loans $46,351
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2 Oregon Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0462006Clatsop Community Bank1150 S. Roosevelt Drive, Suite 101, Seaside, OR 97138April 22, 2008Full Service Brick and Mortar
1492515Astoria Branch988 Commercial St, Astoria, OR 97103January 12, 2009Full Service Brick and Mortar
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