Northwest Bank in Lake Oswego, Oregon (OR)
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| Northwest Bank | |
|---|---|
| General | FDIC Certificate #: 58047 Status: Active Federal Reserve ID: 3368831 Date Established: July 25, 2005 WWW: http://www.northwest-bank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Domestic: 3, Interstate: No) FDIC's unique #: 437118 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: July 25, 2005 Last Structure Change Effective Date: Febuary 01, 2012 Last Structure Change Process Date: Febuary 03, 2012 Last Data Update: Febuary 03, 2012 Data Source Date: April 05, 2012 |
| Location | Address: 4900 Sw Meadows Road, Suite 410, Lake Oswego, OR 97035 County: Clackamas 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) |
| Financial Summary | Total assets: $104.4 mil Equity capital: $8.8 mil Deposits held in domestic offices: $95.2 mil Return on assets (ROA): -0.56% (-$0.6 mil) Quarterly return on assets: -0.24% (-$0.2 mil) Return on Equity (ROE): -6.93% (-$0.6 mil) Quarterly return on equity: -2.76% (-$0.2 mil) Net income: -$0.6 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -0.56% (-$584.6 mil) Quarterly Pretax return on assets: -0.24% (-$250.5 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 22 |
| Total assets | $104,389 |
| Cash and due from depository institutions | $18,806 |
| Interest-bearing balances | $16,619 |
| Securities | $14,471 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $68,520 |
| Loan loss allowance | $1,546 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $57 |
| Other real estate owned | $1,345 |
| Goodwill and other intangibles | $0 |
| All other assets | $1,190 |
| Life insurance assets | $104,389 |
| Total liabilities and capital | $95,586 |
| Total liabilities | $95,212 |
| Total deposits | $64,848 |
| Interest-bearing deposits | $95,212 |
| Deposits held in domestic offices | $90 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $374 |
| All other liabilities | $8,803 |
| Total equity capital | $8,803 |
| Total bank equity capital | $8,803 |
| Perpetual preferred stock | $0 |
| Common stock | $2,464 |
| Surplus | $22,451 |
| Undivided profits | $-16,112 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $2,479 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $284 |
| Average Assets, year-to-date | $99,610 |
| Average Assets, quarterly | $8,886 |
| Volatile liabilities | $109,205 |
| Insider loans | $103,477 |
| FHLB advances | $88,542 |
| Loans and leases held for sale | $103,674 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $8,673 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $26,592 |
| Derivatives | $1,960 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $4,719 |
| Total interest expense | $863 |
| Net interest income | $3,856 |
| Provision for loan and lease losses | -$741 |
| Total noninterest income | -$922 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $150 |
| Trading account gains & fees | $0 |
| Additional noninterest income | -$1,072 |
| Total noninterest expense | $4,284 |
| Salaries and employee benefits | $2,431 |
| Premises and equipment expense | $527 |
| Additional noninterest expense | $1,326 |
| Pre-tax net operating income | -$609 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $4 |
| Income before extraordinary items | -$613 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$613 |
| Net charge-offs | $0 |
| Cash dividends | -$613 |
| Sale, conversion, retirement of capital stock, net | $262 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.56% |
| Cost of funding earning assets | 0.83% |
| Net interest margin | 3.72% |
| Noninterest income to earning assets | -0.89% |
| Noninterest expense to earning assets | 4.14% |
| Net operating income to assets | -0.56% |
| Return on assets (ROA) | -0.56% |
| Pretax return on assets | -0.56% |
| Return on equity (ROE) | -6.93% |
| Retained earnings to average equity (YTD only) | -6.93% |
| Net charge-offs to loans | 0.34% |
| Credit loss provision to net charge-offs | -282.82% |
| Efficiency ratio | -5.15% |
| Assets per employee | $146,012 |
| Cash dividends to net income (YTD only) | 4.74% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 2.21% |
| Noncurrent assets plus other real estate owned to assets | 62.36% |
| Noncurrent loans to loans | 3.66% |
| Net loans and leases to deposits | 3.54% |
| Net loans and leases to core deposits | 71.97% |
| Equity capital to assets | 79.37% |
| Core capital (leverage) ratio | 8.43% |
| Tier 1 risk-based capital ratio | 8.37% |
| Total risk-based capital ratio | 9.80% |
| Memoranda | |
| Average assets | $11 |
| Average earning assets | $109,205 |
| Average equity | $8,848 |
| Average loans | $103,569 |
| 3 Oregon Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 437118 | Northwest Bank | 4900 Sw Meadows Road, Suite 410, Lake Oswego, OR 97035 | July 25, 2005 | Full Service Brick and Mortar |  |
| 1 | 442276 | Mobile Branch | 4900 Sw Meadows Road, Suite 400, Lake Oswego, OR 97035 | July 25, 2005 | Limited Service Mobile |  |
| 2 | 469272 | Central Eastside Branch | 532 Se Grand Avenue, Portland, OR 97214 | November 20, 2007 | Full Service Brick and Mortar | |
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BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.