Mt. Rainier National Bank in Enumclaw, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 23, 2007

  • Mt. Rainier National Bank in Enumclaw, Washington (WA)
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Mt. Rainier National Bank - Overview

  • General
  • FDIC Certificate #: 32996
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Columbia State Bank (#33826)
    Federal Reserve ID: 1459191
    Date Established: July 02, 1990
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    OTS Docket #: 11708
    FDIC's unique #: 46177
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: July 02, 1990
    Last Structure Change Effective Date: July 23, 2007
    Last Structure Change Process Date: August 28, 2007
    Last Data Update: August 28, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 501 Roosevelt Avenue East, Enumclaw, WA 98022
    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: $232.3 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, 2006)

  • Dollar figures in thousands
  • 72Total employees (full-time equivalent)
  • $229,895Total assets
  • $9,373Cash and due from depository institutions
  • $1,833Interest-bearing balances
  • $35,581Securities
  • $5,292Federal funds sold & reverse repurchase agreements
  • $165,333Net loans & leases
  • $1,846Loan loss allowance
  • $0Trading account assets
  • $6,796Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $4,137Life insurance assets
  • $7,520All other assets
  • $229,895Total liabilities and capital
  • $208,096Total liabilities
  • $204,417Total deposits
  • $170,023Interest-bearing deposits
  • $204,417Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $516Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $3,163All other liabilities
  • $21,799Total equity capital
  • $21,799Total bank equity capital
  • $21,799Perpetual preferred stock
  • $0Common stock
  • $2,480Surplus
  • $7,852Undivided profits
  • Memoranda
  • $11,467Noncurrent loans and leases
  • $28,777Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $1,083Average Assets, year-to-date
  • $208,039Average Assets, quarterly
  • $18,650Volatile liabilities
  • $213,366Insider loans
  • $226,687FHLB advances
  • $50,750Loans and leases held for sale
  • $208Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $540Tier 2 risk-based capital
  • $356Total risk weighted assets
  • $28,777Total unused commitments
  • $0Restructured Loans and leases
  • $1,846Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $14,092Total interest income
  • $4,529Total interest expense
  • $9,563Net interest income
  • $276Provision for loan and lease losses
  • $1,458Total noninterest income
  • $0Fiduciary activities
  • $492Service charges on deposit accounts
  • $0Trading account gains & fees
  • $966Additional noninterest income
  • $7,222Total noninterest expense
  • $4,535Salaries and employee benefits
  • $1,016Premises and equipment expense
  • $1,671Additional noninterest expense
  • $3,523Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,105Applicable income taxes
  • $2,418Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,418Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$1Sale, conversion, retirement of capital stock, net
  • $415Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.29%Yield on earning assets
  • 2.34%Cost of funding earning assets
  • 4.95%Net interest margin
  • 0.75%Noninterest income to earning assets
  • 3.74%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.65%Pretax return on assets
  • 11.78%Return on equity (ROE)
  • 9.76%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -27600.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 65,529Assets per employee
  • 3.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.16%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 80.88%Net loans and leases to core deposits
  • 107.23%Equity capital to assets
  • 9.48%Core capital (leverage) ratio
  • 9.86%Tier 1 risk-based capital ratio
  • 11.97%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $213,366Average earning assets
  • $20,532Average equity
  • $193,285Average loans

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