Northwestern National Bank in Port Angeles, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 23, 1993

  • Northwestern National Bank in Port Angeles, Washington (WA)
  • Show street view No street view available for this location

Northwestern National Bank - Overview

  • General
  • FDIC Certificate #: 20866
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: KeyBank National Association (#11979)
    Federal Reserve ID: 553672
    Date Established: November 20, 1972
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 14415
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: November 20, 1972
    Last Structure Change Effective Date: July 23, 1993
    Last Structure Change Process Date: August 04, 1993
    Last Data Update: August 04, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 1212 East First Street, Port Angeles, WA 98362
    County: Clallam
    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): Port Angeles, WA (#38820)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $47.7 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $30Total assets
  • $46,358Cash and due from depository institutions
  • $7,765Interest-bearing balances
  • $5,713Securities
  • $1,608Federal funds sold & reverse repurchase agreements
  • $3,390Net loans & leases
  • $32,523Loan loss allowance
  • $433Trading account assets
  • $0Bank premises and fixed assets
  • $707Other real estate owned
  • $0Goodwill and other intangibles
  • $365Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $46,358Total liabilities
  • $41,842Total deposits
  • $41,646Interest-bearing deposits
  • $32,387Deposits held in domestic offices
  • 41646.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $16Subordinated debt
  • $0All other liabilities
  • $180Total equity capital
  • $180Total bank equity capital
  • $4,516Perpetual preferred stock
  • $0Common stock
  • $933Surplus
  • $958Undivided profits
  • Memoranda
  • $2,625Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,008Income earned, not collected on loans
  • $264Earning assets
  • $43,234Long-term assets (5+ years)
  • $1,096Average Assets, year-to-date
  • $44,221Average Assets, quarterly
  • $46,670Volatile liabilities
  • $404Insider loans
  • $186FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,128Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,516Total risk weighted assets
  • $32,211Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,892Total interest expense
  • $1,316Net interest income
  • $2,576Provision for loan and lease losses
  • $184Total noninterest income
  • $276Fiduciary activities
  • $0Service charges on deposit accounts
  • $209Trading account gains & fees
  • $0Additional noninterest income
  • $67Total noninterest expense
  • $1,783Salaries and employee benefits
  • $828Premises and equipment expense
  • $324Additional noninterest expense
  • $631Pre-tax net operating income
  • $885Securities gains (losses)
  • $0Applicable income taxes
  • $293Income before extraordinary items
  • $592Extraordinary gains - net
  • $0Net income attributable to bank
  • $592Net charge-offs
  • $52Cash dividends
  • $217Sale, conversion, retirement of capital stock, net
  • $51Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.64%Cost of funding earning assets
  • 3.26%Net interest margin
  • 6.38%Noninterest income to earning assets
  • 0.68%Noninterest expense to earning assets
  • 4.42%Net operating income to assets
  • 1.34%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 2.00%Return on equity (ROE)
  • 13.84%Retained earnings to average equity (YTD only)
  • 8.77%Net charge-offs to loans
  • 0.17%Credit loss provision to net charge-offs
  • 353.85%Efficiency ratio
  • 62,518Assets per employee
  • 1.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.66%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 42.96%Noncurrent assets plus other real estate owned to assets
  • 2.17%Noncurrent loans to loans
  • 3.06%Net loans and leases to deposits
  • 78.09%Net loans and leases to core deposits
  • 78.86%Equity capital to assets
  • 9.74%Core capital (leverage) ratio
  • 9.75%Tier 1 risk-based capital ratio
  • 14.02%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $44,221Average earning assets
  • $4,277Average equity
  • $40,354Average loans

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