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


  • Regal Financial Bank in Seattle, Washington (WA)
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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
    WWW: http://www.regalfinancialbank.com
    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

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