The Bank of Northshore in Bothell, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1993

  • The Bank of Northshore in Bothell, Washington (WA)
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The Bank of Northshore - Overview

  • General
  • FDIC Certificate #: 25656
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Frontier Bank (#22710)
    Federal Reserve ID: 225072
    Date Established: October 01, 1984
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 17561
    Numeric code: 21
    Regulator: FDIC
    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: October 01, 1984
    Last Structure Change Effective Date: July 01, 1993
    Last Structure Change Process Date: August 04, 1993
    Last Data Update: August 04, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 10304 Main Street, Bothell, WA 98911
    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: $19.9 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $17Total assets
  • $23,621Cash and due from depository institutions
  • $1,645Interest-bearing balances
  • $110Securities
  • $4,853Federal funds sold & reverse repurchase agreements
  • $1,780Net loans & leases
  • $14,330Loan loss allowance
  • $784Trading account assets
  • $0Bank premises and fixed assets
  • $580Other real estate owned
  • $117Goodwill and other intangibles
  • $316Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $23,621Total liabilities
  • $22,460Total deposits
  • $22,331Interest-bearing deposits
  • $18,425Deposits held in domestic offices
  • 22331.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $129Total equity capital
  • $129Total bank equity capital
  • $1,161Perpetual preferred stock
  • $0Common stock
  • $926Surplus
  • $717Undivided profits
  • Memoranda
  • $-482Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $542Income earned, not collected on loans
  • $100Earning assets
  • $21,073Long-term assets (5+ years)
  • $1,071Average Assets, year-to-date
  • $25,844Average Assets, quarterly
  • $25,227Volatile liabilities
  • $2,738Insider loans
  • $193FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,259Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,161Total risk weighted assets
  • $17,722Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,323Total interest expense
  • $1,052Net interest income
  • $1,271Provision for loan and lease losses
  • $1,200Total noninterest income
  • $211Fiduciary activities
  • $0Service charges on deposit accounts
  • $192Trading account gains & fees
  • $0Additional noninterest income
  • $19Total noninterest expense
  • $1,366Salaries and employee benefits
  • $689Premises and equipment expense
  • $165Additional noninterest expense
  • $512Pre-tax net operating income
  • -$1,084Securities gains (losses)
  • $37Applicable income taxes
  • -$62Income before extraordinary items
  • -$985Extraordinary gains - net
  • $0Net income attributable to bank
  • -$985Net charge-offs
  • $684Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $25Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.98%Cost of funding earning assets
  • 4.52%Net interest margin
  • 5.46%Noninterest income to earning assets
  • 0.91%Noninterest expense to earning assets
  • 5.87%Net operating income to assets
  • -3.95%Return on assets (ROA)
  • -3.81%Pretax return on assets
  • -4.05%Return on equity (ROE)
  • -47.97%Retained earnings to average equity (YTD only)
  • -47.97%Net charge-offs to loans
  • 4.25%Credit loss provision to net charge-offs
  • 175.44%Efficiency ratio
  • 92,173Assets per employee
  • 1.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.19%Loss allowance to noncurrent loans
  • 144.65%Noncurrent assets plus other real estate owned to assets
  • 2.79%Noncurrent loans to loans
  • 3.59%Net loans and leases to deposits
  • 64.17%Net loans and leases to core deposits
  • 73.14%Equity capital to assets
  • 4.92%Core capital (leverage) ratio
  • 4.48%Tier 1 risk-based capital ratio
  • 6.55%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $25,844Average earning assets
  • $2,053Average equity
  • $23,273Average loans

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