Regal Financial Bank in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Regal Financial Bank in Seattle, Washington (WA)
  • Show street view No street view available for this location

Regal Financial Bank - Overview

  • General
  • FDIC Certificate #: 57236
    Status: Active
    Federal Reserve ID: 3109584
    Bank Holding Company (Regulatory Top Holder): Regal Financial Bancorp, Inc. (RSSDID: 3267653, Location: Seattle, WA)
    Date Established: April 18, 2002
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 359854
    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: April 18, 2002
    Last Structure Change Effective Date: May 19, 2010
    Last Structure Change Process Date: May 19, 2010
    Last Data Update: May 19, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 925 Fourth Avenue, Suite 100, Seattle, WA 98104
    County: King
    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): Seattle-Bellevue-Everett, WA (#7600)
    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: Seattle-Bellevue-Everett, WA (#42644)
  • Financial Summary
  • Total assets: $102.6 mil
    Equity capital: $6.1 mil
    Deposits held in domestic offices: $96.0 mil
    Return on assets (ROA): -3.32% (-$3.4 mil)
    Quarterly return on assets: -5.18% (-$5.3 mil)
    Return on Equity (ROE): -70.53% (-$4.2 mil)
    Quarterly return on equity: -95.37% (-$5.7 mil)
    Net income: -$3.6 mil
    Quarterly Net income: -$1.4 mil
    Pretax return on assets: -3.32% (-$3,407.3 mil)
    Quarterly Pretax return on assets: -5.18% (-$5,316.3 mil)

2000 - 2011 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, 2011)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $102,631Total assets
  • $24,289Cash and due from depository institutions
  • $22,744Interest-bearing balances
  • $4,214Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $67,334Net loans & leases
  • $2,461Loan loss allowance
  • $0Trading account assets
  • $216Bank premises and fixed assets
  • $4,641Other real estate owned
  • $0Goodwill and other intangibles
  • $102,631Life insurance assets
  • $1,937All other assets
  • $96,528Total liabilities and capital
  • $95,957Total liabilities
  • $88,013Total deposits
  • $95,957Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $571Subordinated debt
  • $6,103All other liabilities
  • $6,103Total equity capital
  • $6,103Total bank equity capital
  • $0Perpetual preferred stock
  • $27,732Common stock
  • $0Surplus
  • $-21,629Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,418Income earned, not collected on loans
  • $0Earning assets
  • $207Long-term assets (5+ years)
  • $94,292Average Assets, year-to-date
  • $18,399Average Assets, quarterly
  • $107,227Volatile liabilities
  • $104,823Insider loans
  • $69,567FHLB advances
  • $106,529Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,915Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,409Restructured Loans and leases
  • $2,438Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,661Total interest income
  • $1,236Total interest expense
  • $3,425Net interest income
  • $1,859Provision for loan and lease losses
  • -$529Total noninterest income
  • $0Fiduciary activities
  • $17Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$546Additional noninterest income
  • $4,593Total noninterest expense
  • $2,094Salaries and employee benefits
  • $639Premises and equipment expense
  • $1,860Additional noninterest expense
  • -$3,556Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$3,556Income before extraordinary items
  • $0Extraordinary gains - net
  • -$3,556Net income attributable to bank
  • $0Net charge-offs
  • -$3,556Cash dividends
  • $2,441Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.81%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 3.53%Net interest margin
  • -0.55%Noninterest income to earning assets
  • 4.74%Noninterest expense to earning assets
  • -3.32%Net operating income to assets
  • -3.32%Return on assets (ROA)
  • -3.32%Pretax return on assets
  • -70.53%Return on equity (ROE)
  • -70.53%Retained earnings to average equity (YTD only)
  • 3.07%Net charge-offs to loans
  • 76.16%Credit loss provision to net charge-offs
  • -0.70%Efficiency ratio
  • 158,598Assets per employee
  • 5.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.53%Loss allowance to noncurrent loans
  • 55.70%Noncurrent assets plus other real estate owned to assets
  • 8.83%Noncurrent loans to loans
  • 6.33%Net loans and leases to deposits
  • 70.17%Net loans and leases to core deposits
  • 74.46%Equity capital to assets
  • 5.95%Core capital (leverage) ratio
  • 5.55%Tier 1 risk-based capital ratio
  • 8.50%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $107,227Average earning assets
  • $5,042Average equity
  • $96,902Average loans

List of branches

  • 1 Washington Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0359854Regal Financial Bank925 Fourth Avenue, Suite 100, Seattle, WA 98104April 18, 2002Full Service Brick and Mortar
Uros Nenadic
Dec 3, 2022 @ 8:20 pm
Had the Regal financial been sold to Northwest Bank of Lake Oswego, Oregon and if so when was it all completed ?

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Regal Financial Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents