The Emerald City Bank in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 02, 1993

  • The Emerald City Bank in Seattle, Washington (WA)
  • Show street view No street view available for this location

The Emerald City Bank - Overview

  • General
  • FDIC Certificate #: 27268
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: KeyBank National Association (#11979)
    Federal Reserve ID: 1192742
    Date Established: June 17, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 39404
    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: June 17, 1988
    Last Structure Change Effective Date: July 02, 1993
    Last Structure Change Process Date: July 07, 1993
    Last Data Update: August 24, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 2320 East Union Street, Seattle, WA 98122
    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)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $7.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $13Total assets
  • $10,477Cash and due from depository institutions
  • $2,081Interest-bearing balances
  • $0Securities
  • $2,636Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $5,271Loan loss allowance
  • $197Trading account assets
  • $0Bank premises and fixed assets
  • $152Other real estate owned
  • $110Goodwill and other intangibles
  • $227Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $10,477Total liabilities
  • $9,988Total deposits
  • $9,740Interest-bearing deposits
  • $7,504Deposits held in domestic offices
  • 9740.00%% insured (estimated)
  • $64Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $100All other liabilities
  • $148Total equity capital
  • $148Total bank equity capital
  • $489Perpetual preferred stock
  • $900Common stock
  • $500Surplus
  • $500Undivided profits
  • Memoranda
  • $-1,411Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3Income earned, not collected on loans
  • $51Earning assets
  • $7,907Long-term assets (5+ years)
  • $826Average Assets, year-to-date
  • $9,304Average Assets, quarterly
  • $10,508Volatile liabilities
  • $3,366Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $190Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $489Total risk weighted assets
  • $5,368Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $515Total interest expense
  • $188Net interest income
  • $327Provision for loan and lease losses
  • $6Total noninterest income
  • $170Fiduciary activities
  • $0Service charges on deposit accounts
  • $103Trading account gains & fees
  • $0Additional noninterest income
  • $67Total noninterest expense
  • $1,113Salaries and employee benefits
  • $490Premises and equipment expense
  • $61Additional noninterest expense
  • $562Pre-tax net operating income
  • -$622Securities gains (losses)
  • -$8Applicable income taxes
  • $0Income before extraordinary items
  • -$630Extraordinary gains - net
  • $0Net income attributable to bank
  • -$630Net charge-offs
  • -$111Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.04%Cost of funding earning assets
  • 3.30%Net interest margin
  • 5.74%Noninterest income to earning assets
  • 2.99%Noninterest expense to earning assets
  • 19.55%Net operating income to assets
  • -6.69%Return on assets (ROA)
  • -6.77%Pretax return on assets
  • -6.77%Return on equity (ROE)
  • -86.73%Retained earnings to average equity (YTD only)
  • -86.73%Net charge-offs to loans
  • -3.16%Credit loss provision to net charge-offs
  • -5.41%Efficiency ratio
  • 223,944Assets per employee
  • 0.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.60%Loss allowance to noncurrent loans
  • 6566.67%Noncurrent assets plus other real estate owned to assets
  • 1.08%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 54.12%Net loans and leases to core deposits
  • 82.70%Equity capital to assets
  • 4.67%Core capital (leverage) ratio
  • 4.13%Tier 1 risk-based capital ratio
  • 9.11%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $9,304Average earning assets
  • $726Average equity
  • $5,694Average loans

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