Washington Mutual, A FSB in Seattle, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 02, 1995

  • Washington Mutual, A FSB in Seattle, Washington (WA)
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Washington Mutual, A FSB - Overview

  • General
  • FDIC Certificate #: 28089
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Washington Mutual Bank (#9576)
    Federal Reserve ID: 744975
    Date Established: January 01, 1921
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 883
    FDIC's unique #: 40923
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: December 06, 1934
    Last Structure Change Effective Date: December 02, 1995
    Last Structure Change Process Date: January 11, 1996
    Last Data Update: November 10, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1191 Second Avenue, Seattle, WA 98101
    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: $8,582.7 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)
  • $1,318Total assets
  • $9,771,632Cash and due from depository institutions
  • $97,934Interest-bearing balances
  • $1,236Securities
  • $851,694Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $8,083,038Loan loss allowance
  • $70,844Trading account assets
  • $0Bank premises and fixed assets
  • $75,969Other real estate owned
  • $8,117Goodwill and other intangibles
  • $461,348Life insurance assets
  • $193,532All other assets
  • $0Total liabilities and capital
  • $9,771,632Total liabilities
  • $8,887,916Total deposits
  • $5,518,432Interest-bearing deposits
  • $5,356,967Deposits held in domestic offices
  • 5518432.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $125,427Trading liabilities
  • $0Other borrowed funds
  • $3,016,439Subordinated debt
  • $0All other liabilities
  • $227,618Total equity capital
  • $227,618Total bank equity capital
  • $883,716Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $662,570Undivided profits
  • Memoranda
  • $220,146Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28,395Income earned, not collected on loans
  • $46,448Earning assets
  • $8,935,968Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $9,605,353Average Assets, quarterly
  • $10,002,457Volatile liabilities
  • $3,800,325Insider loans
  • $0FHLB advances
  • $2,935,457Loans and leases held for sale
  • $0Unused loan commitments
  • $238,605Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $698,743Total risk weighted assets
  • $5,762,652Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $593,937Total interest expense
  • $353,110Net interest income
  • $240,827Provision for loan and lease losses
  • $14,200Total noninterest income
  • $63,503Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $63,503Total noninterest expense
  • $141,322Salaries and employee benefits
  • $48,337Premises and equipment expense
  • $24,996Additional noninterest expense
  • $67,989Pre-tax net operating income
  • $148,808Securities gains (losses)
  • $715Applicable income taxes
  • $59,816Income before extraordinary items
  • $89,707Extraordinary gains - net
  • $0Net income attributable to bank
  • $89,707Net charge-offs
  • $4,033Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $633Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.80%Cost of funding earning assets
  • 4.04%Net interest margin
  • 2.76%Noninterest income to earning assets
  • 0.73%Noninterest expense to earning assets
  • 1.62%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 0.93%Pretax return on assets
  • 1.56%Return on equity (ROE)
  • 10.71%Retained earnings to average equity (YTD only)
  • 10.71%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 352.10%Efficiency ratio
  • 37,466Assets per employee
  • 7.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.87%Loss allowance to noncurrent loans
  • 249.49%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.35%Net loans and leases to deposits
  • 146.47%Net loans and leases to core deposits
  • 166.32%Equity capital to assets
  • 9.04%Core capital (leverage) ratio
  • 7.29%Tier 1 risk-based capital ratio
  • 12.13%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $9,605,353Average earning assets
  • $837,650Average equity
  • $8,735,701Average loans

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