Northwest Community Bank in Tacoma, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 1995

  • Northwest Community Bank in Tacoma, Washington (WA)
  • Show street view No street view available for this location

Northwest Community Bank - Overview

  • General
  • FDIC Certificate #: 33382
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Venture Bank (#22868)
    Federal Reserve ID: 1861196
    Date Established: May 06, 1991
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 11271
    FDIC's unique #: 47021
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 06, 1991
    Last Structure Change Effective Date: November 30, 1995
    Last Structure Change Process Date: January 24, 1996
    Last Data Update: January 24, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1902 64th Avenue West, Tacoma, WA 98466
    County: Pierce
    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): Tacoma, WA (#8200)
    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: Tacoma, WA (#45104)
  • Financial Summary
  • Total assets: $55.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $20Total assets
  • $51,399Cash and due from depository institutions
  • $2,141Interest-bearing balances
  • $389Securities
  • $6,246Federal funds sold & reverse repurchase agreements
  • $5,040Net loans & leases
  • $35,232Loan loss allowance
  • $365Trading account assets
  • $0Bank premises and fixed assets
  • $1,040Other real estate owned
  • $232Goodwill and other intangibles
  • $1,468Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $51,399Total liabilities
  • $46,608Total deposits
  • $45,957Interest-bearing deposits
  • $38,754Deposits held in domestic offices
  • 45957.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $651Total equity capital
  • $651Total bank equity capital
  • $4,791Perpetual preferred stock
  • $0Common stock
  • $103Surplus
  • $3,897Undivided profits
  • Memoranda
  • $791Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $30Income earned, not collected on loans
  • $206Earning assets
  • $46,907Long-term assets (5+ years)
  • $2,644Average Assets, year-to-date
  • $48,535Average Assets, quarterly
  • $49,690Volatile liabilities
  • $5,932Insider loans
  • $2,227FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,001Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,791Total risk weighted assets
  • $36,746Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,534Total interest expense
  • $1,330Net interest income
  • $3,204Provision for loan and lease losses
  • $15Total noninterest income
  • $264Fiduciary activities
  • $0Service charges on deposit accounts
  • $152Trading account gains & fees
  • $0Additional noninterest income
  • $112Total noninterest expense
  • $2,363Salaries and employee benefits
  • $1,358Premises and equipment expense
  • $150Additional noninterest expense
  • $855Pre-tax net operating income
  • $1,090Securities gains (losses)
  • $0Applicable income taxes
  • $262Income before extraordinary items
  • $828Extraordinary gains - net
  • $0Net income attributable to bank
  • $828Net charge-offs
  • $25Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $38Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 10.29%Cost of funding earning assets
  • 3.02%Net interest margin
  • 7.27%Noninterest income to earning assets
  • 0.60%Noninterest expense to earning assets
  • 5.36%Net operating income to assets
  • 1.71%Return on assets (ROA)
  • 1.71%Pretax return on assets
  • 2.25%Return on equity (ROE)
  • 18.84%Retained earnings to average equity (YTD only)
  • 18.84%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 60.00%Efficiency ratio
  • 68,137Assets per employee
  • 2.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 1216.67%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.08%Net loans and leases to deposits
  • 76.66%Net loans and leases to core deposits
  • 88.02%Equity capital to assets
  • 9.32%Core capital (leverage) ratio
  • 9.78%Tier 1 risk-based capital ratio
  • 13.04%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $48,535Average earning assets
  • $4,395Average equity
  • $44,053Average loans

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