Puget Sound Bank in Tacoma, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 15, 1993

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

Puget Sound Bank - Overview

  • General
  • FDIC Certificate #: 2982
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: KeyBank National Association (#11979)
    Federal Reserve ID: 916473
    Date Established: January 01, 1890
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 96 (Interstate: No)
    FDIC's unique #: 1890
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 15, 1993
    Last Structure Change Process Date: January 26, 1993
    Last Data Update: Febuary 24, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 1119 Pacific Avenue, Tacoma, WA 98401
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $3,110.5 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $2,068Total assets
  • $3,110,543Cash and due from depository institutions
  • $262,066Interest-bearing balances
  • $9,701Securities
  • $370,151Federal funds sold & reverse repurchase agreements
  • $156,900Net loans & leases
  • $2,200,938Loan loss allowance
  • $33,196Trading account assets
  • $0Bank premises and fixed assets
  • $64,835Other real estate owned
  • $10,894Goodwill and other intangibles
  • $40,250Life insurance assets
  • $4,509All other assets
  • $0Total liabilities and capital
  • $3,110,543Total liabilities
  • $2,898,910Total deposits
  • $2,787,378Interest-bearing deposits
  • $2,087,121Deposits held in domestic offices
  • 2787378.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $30,306Trading liabilities
  • $0Other borrowed funds
  • $48,149Subordinated debt
  • $1,074All other liabilities
  • $32,003Total equity capital
  • $32,003Total bank equity capital
  • $211,633Perpetual preferred stock
  • $0Common stock
  • $10,930Surplus
  • $46,764Undivided profits
  • Memoranda
  • $153,939Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $30,555Income earned, not collected on loans
  • $18,694Earning assets
  • $2,737,690Long-term assets (5+ years)
  • $383,797Average Assets, year-to-date
  • $3,123,261Average Assets, quarterly
  • $3,135,246Volatile liabilities
  • $270,298Insider loans
  • $8FHLB advances
  • $0Loans and leases held for sale
  • $6,468Unused loan commitments
  • $640,969Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $207,124Total risk weighted assets
  • $2,325,558Total unused commitments
  • $0Restructured Loans and leases
  • $230,730Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $242,701Total interest expense
  • $90,953Net interest income
  • $151,748Provision for loan and lease losses
  • $27,669Total noninterest income
  • $59,323Fiduciary activities
  • $5,348Service charges on deposit accounts
  • $27,096Trading account gains & fees
  • $0Additional noninterest income
  • $26,879Total noninterest expense
  • $158,968Salaries and employee benefits
  • $83,089Premises and equipment expense
  • $21,254Additional noninterest expense
  • $54,625Pre-tax net operating income
  • $24,434Securities gains (losses)
  • $100Applicable income taxes
  • $2,637Income before extraordinary items
  • $21,897Extraordinary gains - net
  • $0Net income attributable to bank
  • $21,897Net charge-offs
  • $29,613Cash dividends
  • $8,700Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.77%Cost of funding earning assets
  • 3.29%Net interest margin
  • 5.48%Noninterest income to earning assets
  • 2.14%Noninterest expense to earning assets
  • 5.74%Net operating income to assets
  • 0.70%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 0.79%Return on equity (ROE)
  • 10.56%Retained earnings to average equity (YTD only)
  • 6.37%Net charge-offs to loans
  • 1.28%Credit loss provision to net charge-offs
  • 93.44%Efficiency ratio
  • 74,510Assets per employee
  • 1.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.73%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 108.64%Noncurrent assets plus other real estate owned to assets
  • 1.33%Noncurrent loans to loans
  • 1.37%Net loans and leases to deposits
  • 78.96%Net loans and leases to core deposits
  • 84.80%Equity capital to assets
  • 6.80%Core capital (leverage) ratio
  • 6.75%Tier 1 risk-based capital ratio
  • 8.91%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $3,123,261Average earning assets
  • $207,309Average equity
  • $2,768,705Average loans
1
Mark Lee Ross
⚠
Aug 29, 2022 @ 12:00 am
Years ago around1970me and my siblings had accounts opened for us by our parents.they were saving accounts. What happened to the money we had in that bank and how do we claimit?

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