North Cascades National Bank in Chelan, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches


North Cascades National Bank - Overview

  • General
  • FDIC Certificate #: 26846
    Status: Active
    Federal Reserve ID: 119274
    Bank Holding Company (Regulatory Top Holder): North Cascades Bancshares, Inc. (RSSDID: 1832824, Location: Chelan, WA)
    Date Established: December 01, 1986
    WWW: http://www.ncnbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Domestic: 11, Interstate: No)
    OTS Docket #: 8935
    FDIC's unique #: 36088
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 01, 1986
    Last Structure Change Effective Date: July 14, 2007
    Last Structure Change Process Date: September 18, 2007
    Last Data Update: September 18, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 220 North Johnson Street, Chelan, WA 98816
    County: Chelan
    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): Wenatchee-East Wenatchee, WA (#48300)
    CBSA Metro Statistical Area: Wenatchee-East Wenatchee, WA (#48300)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $328.6 mil
    Equity capital: $38.5 mil
    Deposits held in domestic offices: $285.8 mil
    Return on assets (ROA): 0.84% ($2.8 mil)
    Quarterly return on assets: 0.62% ($2.0 mil)
    Return on Equity (ROE): 7.67% ($3.0 mil)
    Quarterly return on equity: 5.52% ($2.2 mil)
    Net income: $2.8 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.19% ($3,910.0 mil)
    Quarterly Pretax return on assets: 0.86% ($2,825.7 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
  • 93Total employees (full-time equivalent)
  • $328,573Total assets
  • $17,371Cash and due from depository institutions
  • $9,977Interest-bearing balances
  • $73,930Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $203,481Net loans & leases
  • $4,094Loan loss allowance
  • $0Trading account assets
  • $10,984Bank premises and fixed assets
  • $2,031Other real estate owned
  • $5,262Goodwill and other intangibles
  • $328,573Life insurance assets
  • $15,514All other assets
  • $290,023Total liabilities and capital
  • $285,785Total liabilities
  • $225,949Total deposits
  • $285,785Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,238Subordinated debt
  • $38,550All other liabilities
  • $38,550Total equity capital
  • $38,550Total bank equity capital
  • $0Perpetual preferred stock
  • $926Common stock
  • $16,513Surplus
  • $21,111Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,037Income earned, not collected on loans
  • $0Earning assets
  • $1,609Long-term assets (5+ years)
  • $287,388Average Assets, year-to-date
  • $119,933Average Assets, quarterly
  • $332,611Volatile liabilities
  • $335,855Insider loans
  • $225,553FHLB advances
  • $331,578Loans and leases held for sale
  • $7,472Unused loan commitments
  • $5,041Tier 1 (core) risk-based capital
  • $33,094Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,431Total unused commitments
  • $21,207Restructured Loans and leases
  • $6,463Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,128Total interest income
  • $2,238Total interest expense
  • $12,890Net interest income
  • $440Provision for loan and lease losses
  • $1,581Total noninterest income
  • $0Fiduciary activities
  • $497Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,084Additional noninterest income
  • $11,270Total noninterest expense
  • $5,472Salaries and employee benefits
  • $1,329Premises and equipment expense
  • $4,469Additional noninterest expense
  • $2,761Pre-tax net operating income
  • $1,185Securities gains (losses)
  • $1,159Applicable income taxes
  • $2,787Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,787Net income attributable to bank
  • $0Net charge-offs
  • $2,787Cash dividends
  • $404Sale, conversion, retirement of capital stock, net
  • $170Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.20%Yield on earning assets
  • 0.77%Cost of funding earning assets
  • 4.43%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 3.88%Noninterest expense to earning assets
  • 0.58%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 7.67%Return on equity (ROE)
  • 7.20%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 108.91%Credit loss provision to net charge-offs
  • 7.92%Efficiency ratio
  • 76,788Assets per employee
  • 3.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 6.10%Loss allowance to loans
  • 1.97%Loss allowance to noncurrent loans
  • 50.94%Noncurrent assets plus other real estate owned to assets
  • 3.06%Noncurrent loans to loans
  • 3.87%Net loans and leases to deposits
  • 71.20%Net loans and leases to core deposits
  • 72.67%Equity capital to assets
  • 11.73%Core capital (leverage) ratio
  • 9.98%Tier 1 risk-based capital ratio
  • 14.67%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $332,611Average earning assets
  • $36,331Average equity
  • $290,834Average loans

List of branches

  • 9 Washington Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    036088North Cascades National Bank220 North Johnson Street, Chelan, WA 98816December 01, 1986Full Service Brick and Mortar
    2260273Okanogan Valley Branch721 South Okoma Drive, Omak, WA 98841March 02, 1991Full Service Brick and Mortar
    34151Twisp BranchNorth 101 Methow Valley Highway, Twisp, WA 98856May 15, 1909Full Service Brick and Mortar
    4208886Brewster Branch1005 Highway 97, Brewster, WA 98812October 09, 1964Full Service Brick and Mortar
    6240822Grand Coulee Branch608 Midway Avenue, Grand Coulee, WA 99133October 22, 1962Full Service Brick and Mortar
    8465523Wenatchee Branch614 North Mission Street, Wenatchee, WA 98801May 14, 2007Full Service Brick and Mortar
    915877Waterville Branch106 West Locust Street, Waterville, WA 98858October 30, 1978Full Service Brick and Mortar
    13473137Okanogan Office Branch188 Pine Street, Okanogan, WA 98840January 07, 2008Full Service Brick and Mortar
    14490132East Wenatchee Branch236 3rd Street, Se, East Wenatchee, WA 98802April 13, 2009Full Service Brick and Mortar

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