Metropolitan Federal Savings and Loan Association of Seattle in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 1996

  • Metropolitan Federal Savings and Loan Association of Seattle in Seattle, Washington (WA)
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Metropolitan Federal Savings and Loan Association of Seattle - Overview

  • General
  • FDIC Certificate #: 29388
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Washington Federal (#28088)
    Federal Reserve ID: 247074
    Date Established: March 01, 1935
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3373
    FDIC's unique #: 42222
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: April 06, 1935
    Last Structure Change Effective Date: November 30, 1996
    Last Structure Change Process Date: January 10, 1997
    Last Data Update: January 10, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1516 Fourth Avenue, Seattle, WA 98101
    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: $663.1 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)
  • $171Total assets
  • $651,138Cash and due from depository institutions
  • $5,596Interest-bearing balances
  • $3,246Securities
  • $266,696Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $355,923Loan loss allowance
  • $5,998Trading account assets
  • $0Bank premises and fixed assets
  • $4,909Other real estate owned
  • $0Goodwill and other intangibles
  • $17,918Life insurance assets
  • $96All other assets
  • $0Total liabilities and capital
  • $651,138Total liabilities
  • $594,983Total deposits
  • $384,864Interest-bearing deposits
  • $378,224Deposits held in domestic offices
  • 384864.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $204,120Subordinated debt
  • $0All other liabilities
  • $5,999Total equity capital
  • $5,999Total bank equity capital
  • $56,155Perpetual preferred stock
  • $0Common stock
  • $1,382Surplus
  • $44,324Undivided profits
  • Memoranda
  • $10,449Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,087Income earned, not collected on loans
  • $2,319Earning assets
  • $625,865Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $654,537Average Assets, quarterly
  • $623,678Volatile liabilities
  • $259,516Insider loans
  • $7,931FHLB advances
  • $203,948Loans and leases held for sale
  • $0Unused loan commitments
  • $12,667Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $56,498Total risk weighted assets
  • $302,500Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $49,479Total interest expense
  • $32,705Net interest income
  • $16,774Provision for loan and lease losses
  • $525Total noninterest income
  • $4,136Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $4,136Total noninterest expense
  • $10,626Salaries and employee benefits
  • $4,384Premises and equipment expense
  • $2,022Additional noninterest expense
  • $4,220Pre-tax net operating income
  • $9,759Securities gains (losses)
  • -$7,348Applicable income taxes
  • $716Income before extraordinary items
  • $1,695Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,695Net charge-offs
  • $3Cash dividends
  • $0Sale, 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
  • 7.90%Cost of funding earning assets
  • 5.22%Net interest margin
  • 2.68%Noninterest income to earning assets
  • 0.66%Noninterest expense to earning assets
  • 1.70%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 0.37%Return on equity (ROE)
  • 3.36%Retained earnings to average equity (YTD only)
  • 3.36%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 17500.00%Efficiency ratio
  • 49,794Assets per employee
  • 3.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.66%Loss allowance to noncurrent loans
  • 194.30%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 92.48%Net loans and leases to core deposits
  • 108.03%Equity capital to assets
  • 8.62%Core capital (leverage) ratio
  • 8.67%Tier 1 risk-based capital ratio
  • 18.68%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $654,537Average earning assets
  • $50,511Average equity
  • $626,519Average loans

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