Harbor Community Bank in Raymond, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 06, 2004

  • Harbor Community Bank in Raymond, Washington (WA)
  • Show street view No street view available for this location

Harbor Community Bank - Overview

  • General
  • FDIC Certificate #: 21672
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Security State Bank (#13232)
    Federal Reserve ID: 518279
    Date Established: July 01, 1974
    WWW: http://www.harborcommunity.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 14995
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1974
    Last Structure Change Effective Date: December 06, 2004
    Last Structure Change Process Date: January 04, 2005
    Last Data Update: January 04, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 221 Commercial Street, Raymond, WA 98577
    County: Pacific
    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
  • Financial Summary
  • Total assets: $52.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $43,613Total assets
  • $2,161Cash and due from depository institutions
  • $439Interest-bearing balances
  • $12,304Securities
  • $2,298Federal funds sold & reverse repurchase agreements
  • $24,778Net loans & leases
  • $534Loan loss allowance
  • $0Trading account assets
  • $1,459Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $613All other assets
  • $43,613Total liabilities and capital
  • $39,725Total liabilities
  • $39,597Total deposits
  • $30,498Interest-bearing deposits
  • $39,597Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $128All other liabilities
  • $3,888Total equity capital
  • $3,888Total bank equity capital
  • $3,888Perpetual preferred stock
  • $0Common stock
  • $885Surplus
  • $1,815Undivided profits
  • Memoranda
  • $1,188Noncurrent loans and leases
  • $2,044Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $605Earning assets
  • $0Long-term assets (5+ years)
  • $174Average Assets, year-to-date
  • $39,819Average Assets, quarterly
  • $16,295Volatile liabilities
  • $44,492Insider loans
  • $44,982FHLB advances
  • $4,125Loans and leases held for sale
  • $1,080Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,044Total unused commitments
  • $0Restructured Loans and leases
  • $311Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $2,283Total interest income
  • $471Total interest expense
  • $1,812Net interest income
  • -$75Provision for loan and lease losses
  • $340Total noninterest income
  • $0Fiduciary activities
  • $227Service charges on deposit accounts
  • $0Trading account gains & fees
  • $113Additional noninterest income
  • $2,195Total noninterest expense
  • $1,159Salaries and employee benefits
  • $537Premises and equipment expense
  • $499Additional noninterest expense
  • $32Pre-tax net operating income
  • $114Securities gains (losses)
  • $0Applicable income taxes
  • $146Income before extraordinary items
  • $0Extraordinary gains - net
  • $146Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$3Sale, conversion, retirement of capital stock, net
  • $87Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.65%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 4.49%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 5.43%Noninterest expense to earning assets
  • 0.07%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.33%Pretax return on assets
  • 3.63%Return on equity (ROE)
  • 1.47%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • 2500.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 101,998Assets per employee
  • 1.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.59%Loss allowance to loans
  • 2.11%Loss allowance to noncurrent loans
  • 88.26%Noncurrent assets plus other real estate owned to assets
  • 1.39%Noncurrent loans to loans
  • 2.39%Net loans and leases to deposits
  • 62.58%Net loans and leases to core deposits
  • 69.85%Equity capital to assets
  • 8.91%Core capital (leverage) ratio
  • 8.38%Tier 1 risk-based capital ratio
  • 15.68%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $44,492Average earning assets
  • $4,023Average equity
  • $40,394Average loans

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