Pacific State Bank in Reedsport, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2001

  • Pacific State Bank in Reedsport, Oregon (OR)
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Pacific State Bank - Overview

  • General
  • FDIC Certificate #: 18777
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Umpqua Bank (#17266)
    Federal Reserve ID: 10577
    Date Established: May 10, 1963
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    OTS Docket #: 11772
    FDIC's unique #: 12639
    Numeric code: 13
    Regulator: FED
    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 10, 1963
    Last Structure Change Effective Date: December 31, 2001
    Last Structure Change Process Date: Febuary 05, 2002
    Last Data Update: Febuary 05, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 1975 Winchester Avenue, Reedsport, OR 97467
    County: Douglas
    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
    Core Based Statistical Area (CBSA): Roseburg, OR (#40700)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $53.0 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $53,852Total assets
  • $1,337Cash and due from depository institutions
  • $25Interest-bearing balances
  • $20,986Securities
  • $375Federal funds sold & reverse repurchase agreements
  • $30,126Net loans & leases
  • $345Loan loss allowance
  • $0Trading account assets
  • $496Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $532All other assets
  • $53,852Total liabilities and capital
  • $48,838Total liabilities
  • $48,264Total deposits
  • $39,688Interest-bearing deposits
  • $48,264Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $574All other liabilities
  • $5,014Total equity capital
  • $5,014Total bank equity capital
  • $5,014Perpetual preferred stock
  • $0Common stock
  • $245Surplus
  • $2,942Undivided profits
  • Memoranda
  • $1,827Noncurrent loans and leases
  • $3,302Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $84Earning assets
  • $0Long-term assets (5+ years)
  • $133Average Assets, year-to-date
  • $51,512Average Assets, quarterly
  • $7,124Volatile liabilities
  • $52,653Insider loans
  • $53,469FHLB advances
  • $2,472Loans and leases held for sale
  • $429Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,302Total unused commitments
  • $0Restructured Loans and leases
  • $345Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $3,948Total interest income
  • $1,469Total interest expense
  • $2,479Net interest income
  • $0Provision for loan and lease losses
  • $251Total noninterest income
  • $0Fiduciary activities
  • $186Service charges on deposit accounts
  • $0Trading account gains & fees
  • $65Additional noninterest income
  • $1,487Total noninterest expense
  • $819Salaries and employee benefits
  • $142Premises and equipment expense
  • $526Additional noninterest expense
  • $1,243Pre-tax net operating income
  • $0Securities gains (losses)
  • $456Applicable income taxes
  • $787Income before extraordinary items
  • $0Extraordinary gains - net
  • $787Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $48Sale, conversion, retirement of capital stock, net
  • $75Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.97%Yield on earning assets
  • 2.97%Cost of funding earning assets
  • 5.00%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • 1.49%Net operating income to assets
  • 1.49%Return on assets (ROA)
  • 2.36%Pretax return on assets
  • 17.93%Return on equity (ROE)
  • 16.22%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 25.90%Efficiency ratio
  • 54,469Assets per employee
  • 2.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 9.53%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 410.71%Noncurrent assets plus other real estate owned to assets
  • 0.16%Noncurrent loans to loans
  • 0.28%Net loans and leases to deposits
  • 62.42%Net loans and leases to core deposits
  • 65.79%Equity capital to assets
  • 9.31%Core capital (leverage) ratio
  • 9.07%Tier 1 risk-based capital ratio
  • 14.27%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $52,653Average earning assets
  • $4,390Average equity
  • $49,544Average loans

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