MBank in Gresham, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

MBank - Overview

  • General
  • FDIC Certificate #: 34093
    Status: Active
    Federal Reserve ID: 2370994
    Bank Holding Company (Regulatory Top Holder): Merchants Bancorp (RSSDID: 2908566, Location: Gresham, OR)
    Date Established: December 01, 1995
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 14311
    FDIC's unique #: 56233
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 01, 1995
    Last Structure Change Effective Date: Febuary 23, 2010
    Last Structure Change Process Date: Febuary 23, 2010
    Last Data Update: Febuary 23, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1290 Northeast Burnside Road, Gresham, OR 97030
    County: Multnomah
    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
    Metropolitan Statistical Area (MSA): Portland-Vancouver, OR-WA (#6440)
    Consolidated Metropolitan Statistical Area (CMSA): Portland-Salem, OR-WA (#79)
    Core Based Statistical Area (CBSA): Portland-Vancouver-Hillsboro, OR-WA (#38900)
    CBSA Metro Statistical Area: Portland-Vancouver-Hillsboro, OR-WA (#38900)
  • History of Changes
  • Corrections
  • Financial Summary
  • Total assets: $189.6 mil
    Equity capital: $7.1 mil
    Deposits held in domestic offices: $169.8 mil
    Return on assets (ROA): -1.06% (-$2.0 mil)
    Quarterly return on assets: -0.02% (-$0.0 mil)
    Return on Equity (ROE): -25.94% (-$1.8 mil)
    Quarterly return on equity: -0.50% (-$0.0 mil)
    Net income: -$2.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: -1.06% (-$2,010.1 mil)
    Quarterly Pretax return on assets: -0.01% (-$19.0 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
  • 40Total employees (full-time equivalent)
  • $189,633Total assets
  • $31,076Cash and due from depository institutions
  • $30,010Interest-bearing balances
  • $28,596Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $106,894Net loans & leases
  • $4,258Loan loss allowance
  • $0Trading account assets
  • $6,376Bank premises and fixed assets
  • $6,716Other real estate owned
  • $0Goodwill and other intangibles
  • $189,632Life insurance assets
  • $9,975All other assets
  • $182,487Total liabilities and capital
  • $169,849Total liabilities
  • $147,287Total deposits
  • $169,849Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 2642.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,994Trading liabilities
  • $0Other borrowed funds
  • $1,002Subordinated debt
  • $7,145All other liabilities
  • $7,145Total equity capital
  • $7,145Total bank equity capital
  • $0Perpetual preferred stock
  • $1,023Common stock
  • $10,999Surplus
  • $-4,877Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,459Income earned, not collected on loans
  • $0Earning assets
  • $557Long-term assets (5+ years)
  • $165,500Average Assets, year-to-date
  • $55,689Average Assets, quarterly
  • $200,130Volatile liabilities
  • $193,177Insider loans
  • $135,310FHLB advances
  • $191,848Loans and leases held for sale
  • $6,613Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,334Tier 2 risk-based capital
  • $6,613Total risk weighted assets
  • $0Total unused commitments
  • $12,849Restructured Loans and leases
  • $250Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,224Total interest income
  • $3,204Total interest expense
  • $7,020Net interest income
  • $2,089Provision for loan and lease losses
  • $84Total noninterest income
  • $0Fiduciary activities
  • $284Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$200Additional noninterest income
  • $7,325Total noninterest expense
  • $2,523Salaries and employee benefits
  • $1,036Premises and equipment expense
  • $3,766Additional noninterest expense
  • -$2,310Pre-tax net operating income
  • $197Securities gains (losses)
  • $15Applicable income taxes
  • -$2,128Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,128Net income attributable to bank
  • $0Net charge-offs
  • -$2,128Cash dividends
  • $3,775Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.80%Yield on earning assets
  • 1.82%Cost of funding earning assets
  • 3.98%Net interest margin
  • 0.05%Noninterest income to earning assets
  • 4.15%Noninterest expense to earning assets
  • -1.16%Net operating income to assets
  • -1.06%Return on assets (ROA)
  • -1.06%Pretax return on assets
  • -25.94%Return on equity (ROE)
  • -25.94%Retained earnings to average equity (YTD only)
  • 2.95%Net charge-offs to loans
  • 55.34%Credit loss provision to net charge-offs
  • -0.06%Efficiency ratio
  • 103,111Assets per employee
  • 4.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.83%Loss allowance to noncurrent loans
  • 65.92%Noncurrent assets plus other real estate owned to assets
  • 6.95%Noncurrent loans to loans
  • 5.81%Net loans and leases to deposits
  • 62.93%Net loans and leases to core deposits
  • 65.39%Equity capital to assets
  • 3.77%Core capital (leverage) ratio
  • 3.82%Tier 1 risk-based capital ratio
  • 5.42%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $200,130Average earning assets
  • $8,202Average equity
  • $176,414Average loans

List of branches

  • 6 Oregon Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    056233Mbank1290 Northeast Burnside Road, Gresham, OR 97030December 01, 1995Full Service Brick and Mortar
    1290383Gladstone Branch35 Southeast 82nd Drive, Gladstone, OR 97027January 04, 1999Full Service Brick and Mortar
    3426541Stark9415 Se Stark Street, Portland, OR 97216August 20, 2003Full Service Brick and Mortar
    5446204Mobile Banking 94th & Stark Branch9415 Se Stark Street, Portland, OR 97216July 12, 2004Limited Service Mobile
    6452067Lake Grove Branch17898 Sw Mcewan Road, Tigard, OR 97224June 26, 2006Full Service Brick and Mortar
    7468164Hollywood Branch3636 Ne Broadway, Portland, OR 97232September 24, 2007Full Service Brick and Mortar

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