The Bank of Oswego in Lake Oswego, Oregon (OR)



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The Bank of Oswego routing number info

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The Bank of Oswego
GeneralFDIC Certificate #: 57877
Status: Active
Federal Reserve ID: 3308314
Date Established: December 03, 2004
WWW: http://www.bankofoswego.com
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 #: 428784
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: December 03, 2004
Last Structure Change Effective Date: June 08, 2009
Last Structure Change Process Date: June 08, 2009
Last Data Update: June 08, 2009
Data Source Date: April 05, 2012
LocationAddress: 310 North State Street, Suite 218, Lake Oswego, OR 97034
County: Clackamas
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Portland
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Portland-Vancouver, OR-WA (#6440)
Consolidated Metropolitan Statistical Area (CMSA): Portland-Salem, OR-WA (#79)
Core Based Statistical Area (CBSA): Portland-Vancouver-Hillsboro, OR-WA (#38900)
CBSA Metro Statistical Area: Portland-Vancouver-Hillsboro, OR-WA (#38900)
History of ChangesCorrections
Financial SummaryTotal assets: $163.6 mil
Equity capital: $14.2 mil
Deposits held in domestic offices: $147.2 mil
Return on assets (ROA): 0.55% ($0.9 mil)
Quarterly return on assets: 0.63% ($1.0 mil)
Return on Equity (ROE): 6.90% ($1.0 mil)
Quarterly return on equity: 7.41% ($1.0 mil)
Net income: $0.9 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.89% ($1,456.3 mil)
Quarterly Pretax return on assets: 1.03% ($1,685.4 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)
Total employees (full-time equivalent)30
Total assets$163,630
Cash and due from depository institutions$30,159
Interest-bearing balances$14,002
Securities$3,006
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$126,281
Loan loss allowance $1,999
Trading account assets$0
Bank premises and fixed assets$1,415
Other real estate owned$68
Goodwill and other intangibles$0
All other assets$2,701
Life insurance assets$163,630
Total liabilities and capital$149,472
Total liabilities$147,181
Total deposits$127,296
Interest-bearing deposits$147,181
Deposits held in domestic offices$90
% insured (estimated)1669.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $622
All other liabilities $14,158
Total equity capital$14,158
Total bank equity capital$14,158
Perpetual preferred stock$0
Common stock$1,524
Surplus$14,306
Undivided profits $-1,672
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $177
Earning assets $0
Long-term assets (5+ years) $531
Average Assets, year-to-date $143,289
Average Assets, quarterly $8,084
Volatile liabilities $171,020
Insider loans $164,375
FHLB advances $119,823
Loans and leases held for sale $163,973
Unused loan commitments $754
Tier 1 (core) risk-based capital $754
Tier 2 risk-based capital $14,153
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $16,890
Derivatives$4,162
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $8,528
Total interest expense $1,484
Net interest income $7,044
Provision for loan and lease losses $880
Total noninterest income $451
Fiduciary activities $0
Service charges on deposit accounts $181
Trading account gains & fees $0
Additional noninterest income $270
Total noninterest expense $5,089
Salaries and employee benefits $2,767
Premises and equipment expense $670
Additional noninterest expense $1,652
Pre-tax net operating income $1,526
Securities gains (losses) $0
Applicable income taxes $587
Income before extraordinary items $939
Extraordinary gains - net $0
Net income attributable to bank $939
Net charge-offs $0
Cash dividends $939
Sale, conversion, retirement of capital stock, net $877
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.86%
Cost of funding earning assets 1.02%
Net interest margin 4.84%
Noninterest income to earning assets 0.31%
Noninterest expense to earning assets 3.50%
Net operating income to assets 0.55%
Return on assets (ROA) 0.55%
Pretax return on assets 0.89%
Return on equity (ROE) 6.90%
Retained earnings to average equity (YTD only) 6.90%
Net charge-offs to loans 0.70%
Credit loss provision to net charge-offs 100.34%
Efficiency ratio2.74%
Assets per employee$67,899
Cash dividends to net income (YTD only)5.45%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.56%
Noncurrent assets plus other real estate owned to assets 1129.38%
Noncurrent loans to loans 0.15%
Net loans and leases to deposits0.14%
Net loans and leases to core deposits 85.80%
Equity capital to assets 89.30%
Core capital (leverage) ratio 8.65%
Tier 1 risk-based capital ratio 8.63%
Total risk-based capital ratio 11.81%
Memoranda
Average assets$13
Average earning assets$171,020
Average equity $13,617
Average loans $145,547
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3 Oregon Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0428784The Bank Of Oswego310 North State Street, Suite 218, Lake Oswego, OR 97034December 03, 2004Full Service Brick and Mortar
1442618Courier Service310 North State Street, Suite 218, Lake Oswego, OR 97034January 10, 2005Limited Service Mobile
2456871Mercantile Drive Branch3970 Sw Mercantile Drive, Suite 105, Lake Oswego, OR 97035November 15, 2006Full Service Brick and Mortar
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