Western Bank in Coos Bay, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 31, 1996

  • Western Bank in Coos Bay, Oregon (OR)
  • Show street view No street view available for this location

Western Bank - Overview

  • General
  • FDIC Certificate #: 9482
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Washington Mutual Bank (#9576)
    Federal Reserve ID: 142067
    Date Established: November 25, 1904
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 40 (Interstate: No)
    FDIC's unique #: 6092
    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 01, 1934
    Last Structure Change Effective Date: January 31, 1996
    Last Structure Change Process Date: April 04, 1996
    Last Data Update: April 04, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 290 South Fourth Street, Coos Bay, OR 97420
    County: Coos
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Portland
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Coos Bay, OR (#18300)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $787.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $560Total assets
  • $787,109Cash and due from depository institutions
  • $46,634Interest-bearing balances
  • $0Securities
  • $80,509Federal funds sold & reverse repurchase agreements
  • $123,000Net loans & leases
  • $499,713Loan loss allowance
  • $5,077Trading account assets
  • $0Bank premises and fixed assets
  • $27,988Other real estate owned
  • $0Goodwill and other intangibles
  • $9,211Life insurance assets
  • $54All other assets
  • $0Total liabilities and capital
  • $787,109Total liabilities
  • $718,544Total deposits
  • $709,701Interest-bearing deposits
  • $554,500Deposits held in domestic offices
  • 709701.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $3,420Trading liabilities
  • $0Other borrowed funds
  • $811Subordinated debt
  • $0All other liabilities
  • $4,612Total equity capital
  • $4,612Total bank equity capital
  • $68,565Perpetual preferred stock
  • $0Common stock
  • $21,218Surplus
  • $32,284Undivided profits
  • Memoranda
  • $15,063Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,211Income earned, not collected on loans
  • $3,517Earning assets
  • $703,222Long-term assets (5+ years)
  • $67,567Average Assets, year-to-date
  • $747,238Average Assets, quarterly
  • $783,622Volatile liabilities
  • $30,647Insider loans
  • $1,231FHLB advances
  • $0Loans and leases held for sale
  • $9,683Unused loan commitments
  • $102,294Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $68,569Total risk weighted assets
  • $558,333Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $60,246Total interest expense
  • $19,640Net interest income
  • $40,606Provision for loan and lease losses
  • $1,150Total noninterest income
  • $10,618Fiduciary activities
  • $687Service charges on deposit accounts
  • $4,859Trading account gains & fees
  • $3Additional noninterest income
  • $5,069Total noninterest expense
  • $35,240Salaries and employee benefits
  • $17,388Premises and equipment expense
  • $5,544Additional noninterest expense
  • $12,308Pre-tax net operating income
  • $14,834Securities gains (losses)
  • $418Applicable income taxes
  • $6,075Income before extraordinary items
  • $9,177Extraordinary gains - net
  • $0Net income attributable to bank
  • $9,177Net charge-offs
  • $523Cash dividends
  • $3,339Sale, conversion, retirement of capital stock, net
  • -$13Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.01%Cost of funding earning assets
  • 2.94%Net interest margin
  • 6.07%Noninterest income to earning assets
  • 1.59%Noninterest expense to earning assets
  • 5.27%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 2.04%Return on equity (ROE)
  • 14.15%Retained earnings to average equity (YTD only)
  • 9.00%Net charge-offs to loans
  • 0.11%Credit loss provision to net charge-offs
  • 219.89%Efficiency ratio
  • 68,724Assets per employee
  • 1.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.38%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 229.62%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 70.41%Net loans and leases to core deposits
  • 73.22%Equity capital to assets
  • 8.71%Core capital (leverage) ratio
  • 8.75%Tier 1 risk-based capital ratio
  • 12.28%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $747,238Average earning assets
  • $64,873Average equity
  • $668,779Average loans

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