Eastside Commercial Bank, National Association in Bellevue, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Eastside Commercial Bank, National Association in Bellevue, Washington (WA)
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Eastside Commercial Bank, National Association - Overview

  • General
  • FDIC Certificate #: 57132
    Status: Active
    Federal Reserve ID: 3105308
    Date Established: April 03, 2002
    WWW: http://www.eastsidecommercialbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 358352
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: April 03, 2002
    Last Structure Change Effective Date: November 23, 2010
    Last Structure Change Process Date: December 06, 2010
    Last Data Update: December 06, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 13810 Se Eastgate Way, Suite 410, Bellevue, WA 98005
    County: King
    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): Seattle-Bellevue-Everett, WA (#7600)
    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: Seattle-Bellevue-Everett, WA (#42644)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $51.5 mil
    Equity capital: $4.1 mil
    Deposits held in domestic offices: $47.1 mil
    Return on assets (ROA): -0.77% (-$0.4 mil)
    Quarterly return on assets: -0.85% (-$0.4 mil)
    Return on Equity (ROE): -10.85% (-$0.4 mil)
    Quarterly return on equity: -10.21% (-$0.4 mil)
    Net income: -$0.4 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -0.77% (-$396.3 mil)
    Quarterly Pretax return on assets: -0.85% (-$437.4 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
  • 11Total employees (full-time equivalent)
  • $51,464Total assets
  • $14,155Cash and due from depository institutions
  • $13,354Interest-bearing balances
  • $4,018Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $27,016Net loans & leases
  • $1,545Loan loss allowance
  • $0Trading account assets
  • $351Bank premises and fixed assets
  • $5,385Other real estate owned
  • $0Goodwill and other intangibles
  • $51,464Life insurance assets
  • $539All other assets
  • $47,322Total liabilities and capital
  • $47,067Total liabilities
  • $38,485Total deposits
  • $47,067Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $255Subordinated debt
  • $4,142All other liabilities
  • $4,142Total equity capital
  • $4,142Total bank equity capital
  • $0Perpetual preferred stock
  • $1,399Common stock
  • $9,258Surplus
  • $-6,515Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $878Income earned, not collected on loans
  • $0Earning assets
  • $114Long-term assets (5+ years)
  • $44,388Average Assets, year-to-date
  • $10,281Average Assets, quarterly
  • $51,572Volatile liabilities
  • $50,194Insider loans
  • $33,776FHLB advances
  • $51,212Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,126Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,352Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,220Total interest income
  • $440Total interest expense
  • $1,780Net interest income
  • $0Provision for loan and lease losses
  • $44Total noninterest income
  • $0Fiduciary activities
  • $59Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$15Additional noninterest income
  • $2,221Total noninterest expense
  • $1,004Salaries and employee benefits
  • $166Premises and equipment expense
  • $1,051Additional noninterest expense
  • -$397Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$397Income before extraordinary items
  • $0Extraordinary gains - net
  • -$397Net income attributable to bank
  • $0Net charge-offs
  • -$397Cash dividends
  • $207Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.89%Yield on earning assets
  • 0.97%Cost of funding earning assets
  • 3.92%Net interest margin
  • 0.10%Noninterest income to earning assets
  • 4.89%Noninterest expense to earning assets
  • -0.77%Net operating income to assets
  • -0.77%Return on assets (ROA)
  • -0.77%Pretax return on assets
  • -10.85%Return on equity (ROE)
  • -10.85%Retained earnings to average equity (YTD only)
  • 0.65%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • -1.92%Efficiency ratio
  • 121,765Assets per employee
  • 4.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.41%Loss allowance to noncurrent loans
  • 175.97%Noncurrent assets plus other real estate owned to assets
  • 12.17%Noncurrent loans to loans
  • 3.07%Net loans and leases to deposits
  • 57.40%Net loans and leases to core deposits
  • 58.15%Equity capital to assets
  • 8.05%Core capital (leverage) ratio
  • 8.06%Tier 1 risk-based capital ratio
  • 12.22%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $51,572Average earning assets
  • $3,660Average equity
  • $45,410Average loans

List of branches

  • 2 Washington Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0358352Eastside Commercial Bank, National Association13810 Se Eastgate Way, Suite 410, Bellevue, WA 98005April 03, 2002Full Service Brick and Mortar
    1363506Sunset Village Express Branch3080 148th Avenue S.E., Suite 108, Bellevue, WA 98005April 03, 2002Limited Service Messenger

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