First Interstate Bank of Washington, National Association in city_name, state_name

First Interstate Bank of Washington, National Association in Seattle, Washington (WA)
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First Interstate Bank of Washington, National Association - Overview

General
FDIC Certificate #: 2981
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank, National Association (#3511)
Federal Reserve ID: 29971
Date Established: December 02, 1885
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 147 (Interstate: No)
FDIC's unique #: 1889
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 06, 1996
Last Structure Change Process Date: June 26, 1996
Last Data Update: June 26, 1996
Data Source Date: April 05, 2012
Location
Address: 999 Third Avenue, Seattle, WA 98111
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)
Financial Summary
Total assets: $5,138.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$1,567Total assets
$5,519,062Cash and due from depository institutions
$572,450Interest-bearing balances
$0Securities
$213,835Federal funds sold & reverse repurchase agreements
$118,802Net loans & leases
$4,152,023Loan loss allowance
$65,509Trading account assets
$0Bank premises and fixed assets
$135,182Other real estate owned
$3,000Goodwill and other intangibles
$165,503Life insurance assets
$158,267All other assets
$0Total liabilities and capital
$5,519,062Total liabilities
$5,042,328Total deposits
$3,829,672Interest-bearing deposits
$2,667,496Deposits held in domestic offices
3829672.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$993,054Trading liabilities
$0Other borrowed funds
$4,152Subordinated debt
$110,000All other liabilities
$105,450Total equity capital
$105,450Total bank equity capital
$476,734Perpetual preferred stock
$0Common stock
$14,092Surplus
$105,686Undivided profits
Memoranda
$356,956Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$26,333Income earned, not collected on loans
$25,096Earning assets
$4,484,660Long-term assets (5+ years)
$1,004,505Average Assets, year-to-date
$5,143,548Average Assets, quarterly
$5,403,329Volatile liabilities
$1,088,618Insider loans
$2,612FHLB advances
$0Loans and leases held for sale
$2,367Unused loan commitments
$1,645,279Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$316,165Total risk weighted assets
$4,496,657Total unused commitments
$0Restructured Loans and leases
$22,388Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$368,263Total interest expense
$146,363Net interest income
$221,900Provision for loan and lease losses
$0Total noninterest income
$97,016Fiduciary activities
$17,847Service charges on deposit accounts
$53,152Trading account gains & fees
$1,222Additional noninterest income
$24,795Total noninterest expense
$183,546Salaries and employee benefits
$56,141Premises and equipment expense
$16,401Additional noninterest expense
$111,004Pre-tax net operating income
$135,370Securities gains (losses)
$14Applicable income taxes
$52,935Income before extraordinary items
$82,449Extraordinary gains - net
$0Net income attributable to bank
$82,449Net charge-offs
$22,117Cash dividends
$54,929Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.43%Cost of funding earning assets
3.35%Net interest margin
5.08%Noninterest income to earning assets
2.22%Noninterest expense to earning assets
4.20%Net operating income to assets
1.60%Return on assets (ROA)
1.60%Pretax return on assets
2.63%Return on equity (ROE)
17.70%Retained earnings to average equity (YTD only)
5.91%Net charge-offs to loans
0.53%Credit loss provision to net charge-offs
0.00%Efficiency ratio
52,439Assets per employee
3.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
66.62%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
248.77%Noncurrent assets plus other real estate owned to assets
0.53%Noncurrent loans to loans
0.62%Net loans and leases to deposits
108.42%Net loans and leases to core deposits
111.07%Equity capital to assets
8.64%Core capital (leverage) ratio
6.25%Tier 1 risk-based capital ratio
7.03%Total risk-based capital ratio
Memoranda
$11Average assets
$5,143,548Average earning assets
$465,830Average equity
$4,367,710Average loans

First Interstate Bank of Washington, National Association in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Interstate Bank of Washington, National Association - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

Comment about this bank, ask questions, or add new information about it:

First Interstate Bank of Washington, National Association in Seattle, Washington (WA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Interstate Bank of Washington, National Association - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

Comment about this bank, ask questions, or add new information about it:

First Interstate Bank of Washington, National Association in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches