Valley Bank in Auburn, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 17, 2003

  • Valley Bank in Auburn, Washington (WA)
  • Show street view No street view available for this location

Valley Bank - Overview

  • General
  • FDIC Certificate #: 34913
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Valley Bank (#21231)
    Federal Reserve ID: 2742180
    Date Established: January 11, 1999
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 61976
    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: January 11, 1999
    Last Structure Change Effective Date: January 17, 2003
    Last Structure Change Process Date: April 30, 2003
    Last Data Update: April 30, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 1001 D Street Ne, Auburn, WA 98001
    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)
  • Financial Summary
  • Total assets: $22.5 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
  • 11Total employees (full-time equivalent)
  • $22,467Total assets
  • $4,122Cash and due from depository institutions
  • $3,146Interest-bearing balances
  • $105Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $17,871Net loans & leases
  • $213Loan loss allowance
  • $0Trading account assets
  • $247Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $122All other assets
  • $22,467Total liabilities and capital
  • $18,562Total liabilities
  • $18,447Total deposits
  • $13,648Interest-bearing deposits
  • $18,447Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $115All other liabilities
  • $3,905Total equity capital
  • $3,905Total bank equity capital
  • $3,905Perpetual preferred stock
  • $0Common stock
  • $115Surplus
  • $3,185Undivided profits
  • Memoranda
  • $605Noncurrent loans and leases
  • $5,841Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $76Average Assets, year-to-date
  • $21,122Average Assets, quarterly
  • $1,738Volatile liabilities
  • $17,766Insider loans
  • $21,253FHLB advances
  • $4,981Loans and leases held for sale
  • $1,002Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,841Total unused commitments
  • $0Restructured Loans and leases
  • $213Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $1,131Total interest income
  • $199Total interest expense
  • $932Net interest income
  • $60Provision for loan and lease losses
  • $73Total noninterest income
  • $0Fiduciary activities
  • $48Service charges on deposit accounts
  • $0Trading account gains & fees
  • $25Additional noninterest income
  • $891Total noninterest expense
  • $421Salaries and employee benefits
  • $135Premises and equipment expense
  • $335Additional noninterest expense
  • $54Pre-tax net operating income
  • $0Securities gains (losses)
  • $17Applicable income taxes
  • $37Income before extraordinary items
  • $0Extraordinary gains - net
  • $37Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.87%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 5.66%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 5.41%Noninterest expense to earning assets
  • 0.21%Net operating income to assets
  • 0.21%Return on assets (ROA)
  • 0.30%Pretax return on assets
  • 0.95%Return on equity (ROE)
  • 0.95%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 88,657Assets per employee
  • 2.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 96.88%Net loans and leases to core deposits
  • 132.71%Equity capital to assets
  • 17.38%Core capital (leverage) ratio
  • 17.96%Tier 1 risk-based capital ratio
  • 19.76%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $17,766Average earning assets
  • $3,901Average equity
  • $16,458Average loans

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