Clatsop Community Bank in Seaside, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

Clatsop Community Bank - Overview

  • General
  • FDIC Certificate #: 58660
    Status: Active
    Federal Reserve ID: 3730746
    Date Established: April 22, 2008
    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
  • Location
  • Address: 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 Changes
  • Corrections
    Name Change
  • Financial Summary
  • Total 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
  • 16Total employees (full-time equivalent)
  • $55,770Total assets
  • $1,774Cash and due from depository institutions
  • $6Interest-bearing balances
  • $15,538Securities
  • $1,855Federal funds sold & reverse repurchase agreements
  • $33,155Net loans & leases
  • $648Loan loss allowance
  • $0Trading account assets
  • $2,998Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $55,770Life insurance assets
  • $450All other assets
  • $48,759Total liabilities and capital
  • $47,094Total liabilities
  • $36,004Total deposits
  • $47,094Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,500Trading liabilities
  • $0Other borrowed funds
  • $165Subordinated debt
  • $7,011All other liabilities
  • $7,011Total equity capital
  • $7,011Total bank equity capital
  • $0Perpetual preferred stock
  • $10,860Common stock
  • $0Surplus
  • $-3,849Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $215Income earned, not collected on loans
  • $0Earning assets
  • $193Long-term assets (5+ years)
  • $50,554Average Assets, year-to-date
  • $32,062Average Assets, quarterly
  • $50,089Volatile liabilities
  • $55,247Insider loans
  • $39,270FHLB advances
  • $55,382Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,855Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,771Restructured Loans and leases
  • $4,083Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,360Total interest income
  • $348Total interest expense
  • $2,012Net interest income
  • $0Provision for loan and lease losses
  • $125Total noninterest income
  • $0Fiduciary activities
  • $38Service charges on deposit accounts
  • $0Trading account gains & fees
  • $87Additional noninterest income
  • $2,120Total noninterest expense
  • $926Salaries and employee benefits
  • $513Premises and equipment expense
  • $681Additional noninterest expense
  • $17Pre-tax net operating income
  • $31Securities gains (losses)
  • $3Applicable income taxes
  • $45Income before extraordinary items
  • $0Extraordinary gains - net
  • $45Net income attributable to bank
  • $0Net charge-offs
  • $45Cash dividends
  • $2Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.09%Yield on earning assets
  • 0.75%Cost of funding earning assets
  • 4.34%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 4.57%Noninterest expense to earning assets
  • 0.03%Net operating income to assets
  • 0.09%Return on assets (ROA)
  • 0.10%Pretax return on assets
  • 0.65%Return on equity (ROE)
  • 0.65%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 8.50%Efficiency ratio
  • 99,204Assets per employee
  • 3.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.92%Loss allowance to noncurrent loans
  • 301.40%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 70.40%Net loans and leases to core deposits
  • 82.30%Equity capital to assets
  • 12.57%Core capital (leverage) ratio
  • 12.38%Tier 1 risk-based capital ratio
  • 17.46%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $50,089Average earning assets
  • $6,901Average equity
  • $46,351Average loans

List of branches

  • 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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