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

This bank is inactive as of January 01, 2005

  • Washington Mutual Bank in Seattle, Washington (WA)
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Washington Mutual Bank - Overview

  • General
  • FDIC Certificate #: 9576
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Washington Mutual Bank (#32633)
    Federal Reserve ID: 997472
    Date Established: September 21, 1889
    WWW: http://www.wamu.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 17989
    FDIC's unique #: 6136
    Numeric code: 43
    Regulator: OTS
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 01, 2005
    Last Structure Change Process Date: Febuary 11, 2005
    Last Data Update: Febuary 11, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 1201 Third 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)
  • Financial Summary
  • Total assets: $26,775.0 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, 2004)

  • Dollar figures in thousands
  • 9,588Total employees (full-time equivalent)
  • $26,774,999Total assets
  • $511,450Cash and due from depository institutions
  • $1,915Interest-bearing balances
  • $1,367,541Securities
  • $177,263Federal funds sold & reverse repurchase agreements
  • $21,803,205Net loans & leases
  • $150,329Loan loss allowance
  • $0Trading account assets
  • $603,789Bank premises and fixed assets
  • $22,307Other real estate owned
  • $265,515Goodwill and other intangibles
  • $499,195Life insurance assets
  • $2,023,929All other assets
  • $26,774,999Total liabilities and capital
  • $24,742,182Total liabilities
  • $22,307,561Total deposits
  • $21,746,291Interest-bearing deposits
  • $22,307,561Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,246,229Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $43Other borrowed funds
  • $200,000Subordinated debt
  • $988,349All other liabilities
  • $2,032,817Total equity capital
  • $2,032,817Total bank equity capital
  • $2,032,817Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $1,153,331Undivided profits
  • Memoranda
  • $879,486Noncurrent loans and leases
  • $8,698,587Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $151,045Earning assets
  • $3,234Long-term assets (5+ years)
  • $104,930Average Assets, year-to-date
  • $23,349,924Average Assets, quarterly
  • $0Volatile liabilities
  • $28,587,400Insider loans
  • $27,772,000FHLB advances
  • $11,575,342Loans and leases held for sale
  • $3Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,373,587Total unused commitments
  • $38,771Restructured Loans and leases
  • $358,154Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $1,144,619Total interest income
  • $369,268Total interest expense
  • $775,351Net interest income
  • -$38,854Provision for loan and lease losses
  • $628,512Total noninterest income
  • $0Fiduciary activities
  • $171,000Service charges on deposit accounts
  • $0Trading account gains & fees
  • $457,512Additional noninterest income
  • $1,091,312Total noninterest expense
  • $838,659Salaries and employee benefits
  • $307,381Premises and equipment expense
  • -$54,728Additional noninterest expense
  • $351,405Pre-tax net operating income
  • $24,776Securities gains (losses)
  • $109,308Applicable income taxes
  • $266,873Income before extraordinary items
  • $0Extraordinary gains - net
  • $266,873Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $32,556Sale, conversion, retirement of capital stock, net
  • $75,000Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 1.49%Cost of funding earning assets
  • 3.13%Net interest margin
  • 2.54%Noninterest income to earning assets
  • 4.40%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 1.32%Pretax return on assets
  • 13.77%Return on equity (ROE)
  • 9.90%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • -119.35%Credit loss provision to net charge-offs
  • 9.60%Efficiency ratio
  • 77,734Assets per employee
  • 2.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 28.10%Loss allowance to loans
  • 0.68%Loss allowance to noncurrent loans
  • 99.53%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 0.69%Net loans and leases to deposits
  • 97.74%Net loans and leases to core deposits
  • 182.02%Equity capital to assets
  • 7.59%Core capital (leverage) ratio
  • 7.44%Tier 1 risk-based capital ratio
  • 10.92%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $28,587,400Average earning assets
  • $1,938,363Average equity
  • $24,777,185Average loans

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