State Bank Northwest in Spokane Valley, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • State Bank Northwest in Spokane Valley, Washington (WA)
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State Bank Northwest - Overview

  • General
  • FDIC Certificate #: 2945
    Status: Active
    Federal Reserve ID: 479071
    Bank Holding Company (Regulatory Top Holder): State Bancorp Northwest (RSSDID: 3658729, Location: Spokane Valley, WA)
    Date Established: January 01, 1902
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 1878
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 01, 2007
    Last Structure Change Process Date: March 30, 2007
    Last Data Update: March 30, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 12902 East Sprague Avenue, Spokane Valley, WA 99216
    County: Spokane
    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): Spokane, WA (#7840)
    Core Based Statistical Area (CBSA): Spokane, WA (#44060)
    CBSA Metro Statistical Area: Spokane, WA (#44060)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $96.7 mil
    Equity capital: $10.5 mil
    Deposits held in domestic offices: $86.1 mil
    Return on assets (ROA): 0.16% ($0.2 mil)
    Quarterly return on assets: 0.17% ($0.2 mil)
    Return on Equity (ROE): 1.60% ($0.2 mil)
    Quarterly return on equity: 1.68% ($0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.16% ($154.7 mil)
    Quarterly Pretax return on assets: 0.17% ($164.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 23Total employees (full-time equivalent)
  • $96,712Total assets
  • $11,943Cash and due from depository institutions
  • $10,055Interest-bearing balances
  • $10,344Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $70,209Net loans & leases
  • $1,043Loan loss allowance
  • $0Trading account assets
  • $412Bank premises and fixed assets
  • $2,548Other real estate owned
  • $0Goodwill and other intangibles
  • $96,712Life insurance assets
  • $1,256All other assets
  • $86,250Total liabilities and capital
  • $86,095Total liabilities
  • $60,352Total deposits
  • $86,095Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $155Subordinated debt
  • $10,462All other liabilities
  • $10,462Total equity capital
  • $10,462Total bank equity capital
  • $0Perpetual preferred stock
  • $827Common stock
  • $7,742Surplus
  • $1,893Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,486Income earned, not collected on loans
  • $0Earning assets
  • $343Long-term assets (5+ years)
  • $90,608Average Assets, year-to-date
  • $28,546Average Assets, quarterly
  • $100,081Volatile liabilities
  • $101,339Insider loans
  • $74,380FHLB advances
  • $102,490Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,424Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,587Restructured Loans and leases
  • $218Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,080Total interest income
  • $1,244Total interest expense
  • $3,836Net interest income
  • $135Provision for loan and lease losses
  • $181Total noninterest income
  • $0Fiduciary activities
  • $108Service charges on deposit accounts
  • $0Trading account gains & fees
  • $73Additional noninterest income
  • $3,771Total noninterest expense
  • $1,808Salaries and employee benefits
  • $581Premises and equipment expense
  • $1,382Additional noninterest expense
  • $111Pre-tax net operating income
  • $49Securities gains (losses)
  • $0Applicable income taxes
  • $160Income before extraordinary items
  • $0Extraordinary gains - net
  • $160Net income attributable to bank
  • $0Net charge-offs
  • $160Cash dividends
  • $595Sale, conversion, retirement of capital stock, net
  • $96Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.47%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 4.13%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 4.06%Noninterest expense to earning assets
  • 0.11%Net operating income to assets
  • 0.16%Return on assets (ROA)
  • 0.16%Pretax return on assets
  • 1.60%Return on equity (ROE)
  • 0.64%Retained earnings to average equity (YTD only)
  • 0.81%Net charge-offs to loans
  • 22.69%Credit loss provision to net charge-offs
  • 0.41%Efficiency ratio
  • 93,876Assets per employee
  • 4.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.00%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 70.19%Noncurrent assets plus other real estate owned to assets
  • 4.17%Noncurrent loans to loans
  • 2.09%Net loans and leases to deposits
  • 81.55%Net loans and leases to core deposits
  • 94.44%Equity capital to assets
  • 10.82%Core capital (leverage) ratio
  • 10.17%Tier 1 risk-based capital ratio
  • 14.01%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $100,081Average earning assets
  • $10,026Average equity
  • $92,906Average loans

List of branches

  • 3 Washington Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01878State Bank Northwest12902 East Sprague Avenue, Spokane Valley, WA 99216January 01, 1902Full Service Brick and Mortar
    2301139North Pointe Branch9727 North Nevada Street, Spokane, WA 99218April 05, 1999Full Service Brick and Mortar
    4463365Garfield Branch301 W. California Street, Garfield, WA 99130March 01, 2007Full Service Brick and Mortar

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