Today's Bank in Vancouver, Washington (WA)



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Today's Bank
GeneralFDIC Certificate #: 34960
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Riverview Community Bank (#29922)
Federal Reserve ID: 2766092
Date Established: Febuary 01, 1999
WWW: http://www.todaysbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 62134
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 01, 1999
Last Structure Change Effective Date: July 18, 2003
Last Structure Change Process Date: October 31, 2003
Last Data Update: October 31, 2003
Data Source Date: April 05, 2012
LocationAddress: 915 Macarthur Boulevard, Vancouver, WA 98661
County: Clark
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)
Financial SummaryTotal assets: $114.7 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, 2002)
(Dollar figures in thousands)
Total employees (full-time equivalent)35
Total assets$122,418
Cash and due from depository institutions$8,247
Interest-bearing balances$0
Securities$6,260
Federal funds sold & reverse repurchase agreements$13,000
Net loans & leases$91,164
Loan loss allowance $3,020
Trading account assets$0
Bank premises and fixed assets$1,312
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,435
Life insurance assets$0
Total liabilities and capital$122,418
Total liabilities$113,737
Total deposits$111,912
Interest-bearing deposits$104,352
Deposits held in domestic offices$111,912
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $1,430
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $395
Total equity capital$8,681
Total bank equity capital$8,681
Perpetual preferred stock$8,681
Common stock$0
Surplus$0
Undivided profits $11,203
Memoranda
Noncurrent loans and leases $-2,522
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $10,684
Income earned, not collected on loans $0
Earning assets $1,802
Long-term assets (5+ years) $0
Average Assets, year-to-date $779
Average Assets, quarterly $110,424
Volatile liabilities $31,540
Insider loans $103,192
FHLB advances $116,107
Loans and leases held for sale $47,893
Unused loan commitments $464
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $10,684
Restructured Loans and leases $0
Derivatives$1,248
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Income and Expense (December 31, 2002)
(Dollar figures in thousands)
Total interest income $7,054
Total interest expense $3,183
Net interest income $3,871
Provision for loan and lease losses $3,264
Total noninterest income $332
Fiduciary activities $0
Service charges on deposit accounts $181
Trading account gains & fees $0
Additional noninterest income $151
Total noninterest expense $3,262
Salaries and employee benefits $1,522
Premises and equipment expense $628
Additional noninterest expense $1,112
Pre-tax net operating income -$2,323
Securities gains (losses) $0
Applicable income taxes -$790
Income before extraordinary items -$1,533
Extraordinary gains - net $0
Net income attributable to bank -$1,533
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $1,083
Net operating income $0
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Performance and Condition Ratios (December 31, 2002)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.33%
Cost of funding earning assets 3.31%
Net interest margin 4.02%
Noninterest income to earning assets 0.35%
Noninterest expense to earning assets 3.39%
Net operating income to assets -1.49%
Return on assets (ROA) -1.49%
Pretax return on assets -2.25%
Return on equity (ROE) -18.63%
Retained earnings to average equity (YTD only) -18.63%
Net charge-offs to loans 1.31%
Credit loss provision to net charge-offs 301.39%
Efficiency ratio0.87%
Assets per employee$77,611
Cash dividends to net income (YTD only)3.50%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.21%
Noncurrent assets plus other real estate owned to assets 167.59%
Noncurrent loans to loans 1.47%
Net loans and leases to deposits1.91%
Net loans and leases to core deposits 81.46%
Equity capital to assets 139.29%
Core capital (leverage) ratio 7.09%
Tier 1 risk-based capital ratio 6.62%
Total risk-based capital ratio 7.78%
Memoranda
Average assets$9
Average earning assets$103,192
Average equity $8,229
Average loans $96,201
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