University Savings Bank in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 07, 1995

  • University Savings Bank in Seattle, Washington (WA)
  • Show street view No street view available for this location

University Savings Bank - Overview

  • General
  • FDIC Certificate #: 27071
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Interstate Bank of Washington, National Association (#2981)
    Federal Reserve ID: 199276
    Date Established: January 01, 1915
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 25 (Interstate: No)
    OTS Docket #: 3760
    FDIC's unique #: 38676
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 30, 1987
    Last Structure Change Effective Date: January 07, 1995
    Last Structure Change Process Date: January 11, 1995
    Last Data Update: March 13, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 6400 Roosevelt Way, N.E., Seattle, WA 98115
    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
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $1,182.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $236Total assets
  • $1,182,612Cash and due from depository institutions
  • $21,443Interest-bearing balances
  • $1,437Securities
  • $311,609Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $810,713Loan loss allowance
  • $6,039Trading account assets
  • $0Bank premises and fixed assets
  • $26,348Other real estate owned
  • $342Goodwill and other intangibles
  • $9,892Life insurance assets
  • $2,265All other assets
  • $0Total liabilities and capital
  • $1,182,612Total liabilities
  • $1,065,278Total deposits
  • $927,601Interest-bearing deposits
  • $914,284Deposits held in domestic offices
  • 927601.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $91,780Trading liabilities
  • $0Other borrowed funds
  • $34,002Subordinated debt
  • $0All other liabilities
  • $11,895Total equity capital
  • $11,895Total bank equity capital
  • $117,334Perpetual preferred stock
  • $0Common stock
  • $31Surplus
  • $26,343Undivided profits
  • Memoranda
  • $90,960Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,054Income earned, not collected on loans
  • $4,704Earning assets
  • $1,123,759Long-term assets (5+ years)
  • $324,698Average Assets, year-to-date
  • $1,149,932Average Assets, quarterly
  • $1,183,821Volatile liabilities
  • $177,707Insider loans
  • $25FHLB advances
  • $0Loans and leases held for sale
  • $362Unused loan commitments
  • $19,455Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $123,098Total risk weighted assets
  • $576,724Total unused commitments
  • $0Restructured Loans and leases
  • $5,000Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $74,994Total interest expense
  • $40,207Net interest income
  • $34,787Provision for loan and lease losses
  • $600Total noninterest income
  • $6,178Fiduciary activities
  • $0Service charges on deposit accounts
  • $906Trading account gains & fees
  • $359Additional noninterest income
  • $4,913Total noninterest expense
  • $15,214Salaries and employee benefits
  • $7,408Premises and equipment expense
  • $1,653Additional noninterest expense
  • $6,153Pre-tax net operating income
  • $25,151Securities gains (losses)
  • $13Applicable income taxes
  • $7,623Income before extraordinary items
  • $17,541Extraordinary gains - net
  • $1,917Net income attributable to bank
  • $19,458Net charge-offs
  • $3Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.89%Cost of funding earning assets
  • 3.69%Net interest margin
  • 3.20%Noninterest income to earning assets
  • 0.57%Noninterest expense to earning assets
  • 1.40%Net operating income to assets
  • 1.52%Return on assets (ROA)
  • 1.69%Pretax return on assets
  • 2.36%Return on equity (ROE)
  • 17.83%Retained earnings to average equity (YTD only)
  • 17.83%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 20000.00%Efficiency ratio
  • 35,240Assets per employee
  • 5.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.74%Loss allowance to noncurrent loans
  • 572.96%Noncurrent assets plus other real estate owned to assets
  • 0.12%Noncurrent loans to loans
  • 0.13%Net loans and leases to deposits
  • 87.40%Net loans and leases to core deposits
  • 93.65%Equity capital to assets
  • 9.92%Core capital (leverage) ratio
  • 10.40%Tier 1 risk-based capital ratio
  • 21.34%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $1,149,932Average earning assets
  • $109,112Average equity
  • $1,088,518Average loans

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