Lamont Bank of St. John in Saint John, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Lamont Bank of St. John in Saint John, Washington (WA)
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Lamont Bank of St. John - Overview

  • General
  • FDIC Certificate #: 8681
    Status: Active
    Federal Reserve ID: 519874
    Date Established: January 01, 1908
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 5532
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 28, 2010
    Last Structure Change Process Date: December 28, 2010
    Last Data Update: December 28, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: E 6 Front St, Saint John, WA 99171
    County: Whitman
    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
    Core Based Statistical Area (CBSA): Pullman, WA (#39420)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $48.7 mil
    Equity capital: $4.2 mil
    Deposits held in domestic offices: $44.4 mil
    Return on assets (ROA): 0.79% ($0.4 mil)
    Quarterly return on assets: 0.08% ($0.0 mil)
    Return on Equity (ROE): 8.62% ($0.3 mil)
    Quarterly return on equity: 0.92% ($0.0 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 1.13% ($550.8 mil)
    Quarterly Pretax return on assets: 0.28% ($136.5 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, 2011)

  • Dollar figures in thousands
  • 4Total employees (full-time equivalent)
  • $48,740Total assets
  • $10,812Cash and due from depository institutions
  • $0Interest-bearing balances
  • $31,533Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $6,003Net loans & leases
  • $141Loan loss allowance
  • $0Trading account assets
  • $19Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $48,740Life insurance assets
  • $373All other assets
  • $44,496Total liabilities and capital
  • $44,352Total liabilities
  • $32,217Total deposits
  • $44,352Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $144Subordinated debt
  • $4,244All other liabilities
  • $4,244Total equity capital
  • $4,244Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $1,000Surplus
  • $3,194Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1Income earned, not collected on loans
  • $0Earning assets
  • $315Long-term assets (5+ years)
  • $37,536Average Assets, year-to-date
  • $9,294Average Assets, quarterly
  • $46,874Volatile liabilities
  • $47,908Insider loans
  • $14,660FHLB advances
  • $48,347Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,204Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $149Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,370Total interest income
  • $249Total interest expense
  • $1,121Net interest income
  • $65Provision for loan and lease losses
  • $2Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2Additional noninterest income
  • $526Total noninterest expense
  • $290Salaries and employee benefits
  • $29Premises and equipment expense
  • $207Additional noninterest expense
  • $532Pre-tax net operating income
  • $0Securities gains (losses)
  • $162Applicable income taxes
  • $370Income before extraordinary items
  • $0Extraordinary gains - net
  • $370Net income attributable to bank
  • $0Net charge-offs
  • $370Cash dividends
  • $19Sale, conversion, retirement of capital stock, net
  • $75Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.86%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 3.16%Net interest margin
  • 0.01%Noninterest income to earning assets
  • 1.48%Noninterest expense to earning assets
  • 0.79%Net operating income to assets
  • 0.79%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 8.62%Return on equity (ROE)
  • 6.87%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 342.11%Credit loss provision to net charge-offs
  • 31.42%Efficiency ratio
  • 46,839Assets per employee
  • 12.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 20.27%Loss allowance to loans
  • 2.29%Loss allowance to noncurrent loans
  • 14100.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.02%Net loans and leases to deposits
  • 13.53%Net loans and leases to core deposits
  • 13.53%Equity capital to assets
  • 8.71%Core capital (leverage) ratio
  • 8.70%Tier 1 risk-based capital ratio
  • 28.68%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $46,874Average earning assets
  • $4,293Average equity
  • $35,527Average loans

List of branches

  • 1 Washington Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05532Lamont Bank Of St. JohnE 6 Front St, Saint John, WA 99171January 01, 1908Full Service Brick and Mortar

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