FDIC Certificate #: 27449 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:AmericanWest Bank (#22441) Federal Reserve ID: 1362769 Date Established: Febuary 08, 1989 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 7 (Interstate: No) OTS Docket #: 9458 FDIC's unique #: 39943 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: Febuary 08, 1989 Last Structure Change Effective Date: January 16, 2001 Last Structure Change Process Date: May 24, 2001 Last Data Update: May 24, 2001 Data Source Date: April 05, 2012
Location
Address: 322 Sixth Street South, Sunnyside, WA 98944 County: Yakima 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): Yakima, WA (#9260) Core Based Statistical Area (CBSA): Yakima, WA (#49420) CBSA Metro Statistical Area: Yakima, WA (#49420)
Financial Summary
Total assets: $114.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
40Total employees (full-time equivalent)
$114,375Total assets
$6,538Cash and due from depository institutions
$223Interest-bearing balances
$4,278Securities
$1,540Federal funds sold & reverse repurchase agreements
$96,503Net loans & leases
$975Loan loss allowance
$0Trading account assets
$3,090Bank premises and fixed assets
$97Other real estate owned
$434Goodwill and other intangibles
$0Life insurance assets
$1,895All other assets
$114,375Total liabilities and capital
$102,535Total liabilities
$101,407Total deposits
$78,832Interest-bearing deposits
$101,407Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,128All other liabilities
$11,840Total equity capital
$11,840Total bank equity capital
$11,840Perpetual preferred stock
$0Common stock
$1,250Surplus
$5,910Undivided profits
Memoranda
$4,680Noncurrent loans and leases
$19,080Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,661Earning assets
$695Long-term assets (5+ years)
$1,139Average Assets, year-to-date
$102,544Average Assets, quarterly
$6,905Volatile liabilities
$108,846Insider loans
$113,098FHLB advances
$13,325Loans and leases held for sale
$6,171Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$19,080Total unused commitments
$96Restructured Loans and leases
$975Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$9,640Total interest income
$3,951Total interest expense
$5,689Net interest income
$375Provision for loan and lease losses
$834Total noninterest income
$0Fiduciary activities
$530Service charges on deposit accounts
$0Trading account gains & fees
$304Additional noninterest income
$3,534Total noninterest expense
$1,828Salaries and employee benefits
$708Premises and equipment expense
$998Additional noninterest expense
$2,614Pre-tax net operating income
$0Securities gains (losses)
$883Applicable income taxes
$1,731Income before extraordinary items
$0Extraordinary gains - net
$1,731Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$248Sale, conversion, retirement of capital stock, net
$1,354Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.80%Yield on earning assets
4.01%Cost of funding earning assets
5.78%Net interest margin
0.85%Noninterest income to earning assets
3.59%Noninterest expense to earning assets
1.59%Net operating income to assets
1.59%Return on assets (ROA)
2.40%Pretax return on assets
16.67%Return on equity (ROE)
3.63%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
151.21%Credit loss provision to net charge-offs
12.05%Efficiency ratio
53,610Assets per employee
2.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
78.22%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
58.70%Noncurrent assets plus other real estate owned to assets
1.54%Noncurrent loans to loans
1.70%Net loans and leases to deposits
95.16%Net loans and leases to core deposits
109.56%Equity capital to assets
10.35%Core capital (leverage) ratio
10.19%Tier 1 risk-based capital ratio
10.88%Total risk-based capital ratio
Memoranda
$12Average assets
$108,846Average earning assets
$10,386Average equity
$98,408Average loans
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