United Security Bank in Spokane, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 16, 2001

  • United Security Bank in Spokane, Washington (WA)
  • Show street view No street view available for this location

United Security Bank - Overview

  • General
  • FDIC Certificate #: 21745
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: AmericanWest Bank (#22441)
    Federal Reserve ID: 54478
    Date Established: September 03, 1974
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 15 (Interstate: No)
    OTS Docket #: 9220
    FDIC's unique #: 15053
    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: September 03, 1974
    Last Structure Change Effective Date: January 16, 2001
    Last Structure Change Process Date: May 24, 2001
    Last Data Update: May 24, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: North 9506 Newport Highway, Spokane, WA 99218
    County: Spokane
    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): Spokane, WA (#7840)
    Core Based Statistical Area (CBSA): Spokane, WA (#44060)
    CBSA Metro Statistical Area: Spokane, WA (#44060)
  • Financial Summary
  • Total assets: $234.8 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 98Total employees (full-time equivalent)
  • $234,813Total assets
  • $7,263Cash and due from depository institutions
  • $47Interest-bearing balances
  • $4,942Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $210,130Net loans & leases
  • $2,127Loan loss allowance
  • $0Trading account assets
  • $5,444Bank premises and fixed assets
  • $885Other real estate owned
  • $534Goodwill and other intangibles
  • $0Life insurance assets
  • $5,615All other assets
  • $234,813Total liabilities and capital
  • $211,696Total liabilities
  • $192,339Total deposits
  • $164,050Interest-bearing deposits
  • $192,339Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,540Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $15,466Other borrowed funds
  • $0Subordinated debt
  • $2,351All other liabilities
  • $23,117Total equity capital
  • $23,117Total bank equity capital
  • $23,117Perpetual preferred stock
  • $0Common stock
  • $702Surplus
  • $5,256Undivided profits
  • Memoranda
  • $17,159Noncurrent loans and leases
  • $41,404Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,034Earning assets
  • $0Long-term assets (5+ years)
  • $1,382Average Assets, year-to-date
  • $215,119Average Assets, quarterly
  • $71,366Volatile liabilities
  • $216,233Insider loans
  • $230,007FHLB advances
  • $41,999Loans and leases held for sale
  • $3,807Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $793Total risk weighted assets
  • $41,404Total unused commitments
  • $115Restructured Loans and leases
  • $2,127Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $20,717Total interest income
  • $8,363Total interest expense
  • $12,354Net interest income
  • $655Provision for loan and lease losses
  • $1,239Total noninterest income
  • $0Fiduciary activities
  • $642Service charges on deposit accounts
  • $0Trading account gains & fees
  • $597Additional noninterest income
  • $7,375Total noninterest expense
  • $4,048Salaries and employee benefits
  • $1,435Premises and equipment expense
  • $1,892Additional noninterest expense
  • $5,563Pre-tax net operating income
  • -$356Securities gains (losses)
  • $1,442Applicable income taxes
  • $3,765Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,765Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $454Sale, conversion, retirement of capital stock, net
  • $1,928Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.39%Yield on earning assets
  • 4.19%Cost of funding earning assets
  • 6.20%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 3.70%Noninterest expense to earning assets
  • 1.86%Net operating income to assets
  • 1.74%Return on assets (ROA)
  • 2.41%Pretax return on assets
  • 18.00%Return on equity (ROE)
  • 8.78%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 144.27%Credit loss provision to net charge-offs
  • 13.70%Efficiency ratio
  • 53,888Assets per employee
  • 2.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.21%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 42.25%Noncurrent assets plus other real estate owned to assets
  • 2.52%Noncurrent loans to loans
  • 2.37%Net loans and leases to deposits
  • 109.25%Net loans and leases to core deposits
  • 126.07%Equity capital to assets
  • 9.84%Core capital (leverage) ratio
  • 10.04%Tier 1 risk-based capital ratio
  • 9.53%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $216,233Average earning assets
  • $20,915Average equity
  • $199,368Average loans

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