The Columbia Bank in Wenatchee, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 26, 1994

The Columbia Bank in Wenatchee, Washington (WA)
Show street view No street view available for this location

The Columbia Bank - Overview

General
FDIC Certificate #: 17183
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Washington Trust Bank (#1281)
Federal Reserve ID: 79574
Date Established: Febuary 09, 1953
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Interstate: No)
OTS Docket #: 10309
FDIC's unique #: 11215
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: Febuary 09, 1953
Last Structure Change Effective Date: September 26, 1994
Last Structure Change Process Date: October 27, 1994
Last Data Update: October 27, 1994
Data Source Date: April 05, 2012
Location
Address: 29 South Wenatchee Avenue, Wenatchee, WA 98801
County: Chelan
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
Core Based Statistical Area (CBSA): Wenatchee-East Wenatchee, WA (#48300)
CBSA Metro Statistical Area: Wenatchee-East Wenatchee, WA (#48300)
Financial Summary
Total assets: $165.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$105Total assets
$160,088Cash and due from depository institutions
$7,227Interest-bearing balances
$0Securities
$40,108Federal funds sold & reverse repurchase agreements
$2,047Net loans & leases
$104,324Loan loss allowance
$1,488Trading account assets
$0Bank premises and fixed assets
$3,635Other real estate owned
$365Goodwill and other intangibles
$2,382Life insurance assets
$0All other assets
$0Total liabilities and capital
$160,088Total liabilities
$148,890Total deposits
$146,926Interest-bearing deposits
$122,438Deposits held in domestic offices
146926.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,964Total equity capital
$1,964Total bank equity capital
$11,198Perpetual preferred stock
$0Common stock
$1,500Surplus
$3,500Undivided profits
Memoranda
$6,198Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$916Income earned, not collected on loans
$1,004Earning assets
$146,479Long-term assets (5+ years)
$25,149Average Assets, year-to-date
$152,415Average Assets, quarterly
$158,265Volatile liabilities
$2,700Insider loans
$2,624FHLB advances
$0Loans and leases held for sale
$2,593Unused loan commitments
$26,593Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$11,198Total risk weighted assets
$109,378Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$11,661Total interest expense
$3,920Net interest income
$7,741Provision for loan and lease losses
$610Total noninterest income
$2,151Fiduciary activities
$0Service charges on deposit accounts
$551Trading account gains & fees
$0Additional noninterest income
$1,600Total noninterest expense
$6,473Salaries and employee benefits
$3,500Premises and equipment expense
$740Additional noninterest expense
$2,233Pre-tax net operating income
$2,809Securities gains (losses)
$8Applicable income taxes
$783Income before extraordinary items
$2,034Extraordinary gains - net
$0Net income attributable to bank
$2,034Net charge-offs
$509Cash dividends
$336Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.38%Cost of funding earning assets
2.82%Net interest margin
5.56%Noninterest income to earning assets
1.55%Noninterest expense to earning assets
4.65%Net operating income to assets
1.33%Return on assets (ROA)
1.33%Pretax return on assets
1.85%Return on equity (ROE)
19.57%Retained earnings to average equity (YTD only)
16.34%Net charge-offs to loans
0.51%Credit loss provision to net charge-offs
119.84%Efficiency ratio
65,437Assets per employee
1.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
16.52%Loss allowance to loans
1.41%Loss allowance to noncurrent loans
162.45%Noncurrent assets plus other real estate owned to assets
0.80%Noncurrent loans to loans
0.87%Net loans and leases to deposits
71.00%Net loans and leases to core deposits
72.33%Equity capital to assets
6.99%Core capital (leverage) ratio
7.09%Tier 1 risk-based capital ratio
10.24%Total risk-based capital ratio
Memoranda
$11Average assets
$152,415Average earning assets
$10,393Average equity
$139,142Average loans

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 The Columbia Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.