Washington Mutual Bank in Henderson, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 25, 2008

  • Washington Mutual Bank in Henderson, Nevada (NV)
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Washington Mutual Bank - Overview

  • General
  • FDIC Certificate #: 32633
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: JPMorgan Chase Bank, National Association (#628)
    Federal Reserve ID: 1222108
    Date Established: December 27, 1988
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8551
    FDIC's unique #: 45467
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: December 27, 1988
    Last Structure Change Effective Date: September 25, 2008
    Last Structure Change Process Date: September 30, 2008
    Last Data Update: September 30, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2273 North Green Valley Parkway, Henderson, NV 89014
    County: Clark
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Las Vegas, NV-AZ (#4120)
    Combined Statistical Area (CSA): Las Vegas-Paradise-Pahrump, NV (#332)
    Core Based Statistical Area (CBSA): Las Vegas-Paradise, NV (#29820)
    CBSA Metro Statistical Area: Las Vegas-Paradise, NV (#29820)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $307,021.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)

  • Dollar figures in thousands
  • 47,290Total employees (full-time equivalent)
  • $325,808,657Total assets
  • $4,521,702Cash and due from depository institutions
  • $888,615Interest-bearing balances
  • $31,927,663Securities
  • $477,166Federal funds sold & reverse repurchase agreements
  • $248,709,939Net loans & leases
  • $2,569,945Loan loss allowance
  • $2,627,081Trading account assets
  • $2,778,635Bank premises and fixed assets
  • $1,020,919Other real estate owned
  • $13,952,157Goodwill and other intangibles
  • $4,984,231Life insurance assets
  • $19,793,395All other assets
  • $325,808,657Total liabilities and capital
  • $299,415,340Total liabilities
  • $186,655,445Total deposits
  • $180,655,557Interest-bearing deposits
  • $186,655,445Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,151,680Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $86,771,168Other borrowed funds
  • $7,832,011Subordinated debt
  • $12,005,036All other liabilities
  • $26,393,317Total equity capital
  • $26,393,317Total bank equity capital
  • $26,393,317Perpetual preferred stock
  • $0Common stock
  • $331Surplus
  • $25,236,466Undivided profits
  • Memoranda
  • $1,156,520Noncurrent loans and leases
  • $131,969,921Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $6,431,861Earning assets
  • $102,115Long-term assets (5+ years)
  • $1,726,015Average Assets, year-to-date
  • $284,630,464Average Assets, quarterly
  • $0Volatile liabilities
  • $325,914,570Insider loans
  • $327,306,876FHLB advances
  • $117,754,129Loans and leases held for sale
  • $647Unused loan commitments
  • $63,851,747Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $122,550,271Total unused commitments
  • $1,205,659Restructured Loans and leases
  • $9,743,554Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $19,881,704Total interest income
  • $10,844,151Total interest expense
  • $9,037,553Net interest income
  • $3,107,233Provision for loan and lease losses
  • $7,278,327Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • -$502,672Trading account gains & fees
  • $7,780,999Additional noninterest income
  • $12,339,124Total noninterest expense
  • $3,887,895Salaries and employee benefits
  • $1,504,403Premises and equipment expense
  • $6,946,826Additional noninterest expense
  • $869,523Pre-tax net operating income
  • -$12,570Securities gains (losses)
  • $582,703Applicable income taxes
  • $274,250Income before extraordinary items
  • $0Extraordinary gains - net
  • $274,250Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,167,305Sale, conversion, retirement of capital stock, net
  • $4,862,524Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.99%Yield on earning assets
  • 3.81%Cost of funding earning assets
  • 3.18%Net interest margin
  • 2.56%Noninterest income to earning assets
  • 4.34%Noninterest expense to earning assets
  • 0.09%Net operating income to assets
  • 0.08%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 0.99%Return on equity (ROE)
  • -16.49%Retained earnings to average equity (YTD only)
  • 0.87%Net charge-offs to loans
  • 143.37%Credit loss provision to net charge-offs
  • 1.83%Efficiency ratio
  • 63,818Assets per employee
  • 6.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 1773.03%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 39.96%Noncurrent assets plus other real estate owned to assets
  • 2.29%Noncurrent loans to loans
  • 2.56%Net loans and leases to deposits
  • 133.25%Net loans and leases to core deposits
  • 153.69%Equity capital to assets
  • 8.10%Core capital (leverage) ratio
  • 7.05%Tier 1 risk-based capital ratio
  • 8.33%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $325,914,570Average earning assets
  • $27,826,975Average equity
  • $284,371,963Average loans

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