Western Oregon Community Bank in Cottage Grove, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 02, 1994

  • Western Oregon Community Bank in Cottage Grove, Oregon (OR)
  • Show street view No street view available for this location

Western Oregon Community Bank - Overview

  • General
  • FDIC Certificate #: 22677
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Centennial Bank (#22493)
    Federal Reserve ID: 153867
    Date Established: July 06, 1978
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 15829
    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: July 06, 1978
    Last Structure Change Effective Date: December 02, 1994
    Last Structure Change Process Date: January 04, 1995
    Last Data Update: January 04, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 625 East Gibbs Avenue, Cottage Grove, OR 97424
    County: Lane
    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
    Metropolitan Statistical Area (MSA): Eugene-Springfield, OR (#2400)
    Core Based Statistical Area (CBSA): Eugene-Springfield, OR (#21660)
    CBSA Metro Statistical Area: Eugene-Springfield, OR (#21660)
  • Financial Summary
  • Total assets: $25.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $16Total assets
  • $23,361Cash and due from depository institutions
  • $2,282Interest-bearing balances
  • $0Securities
  • $3,194Federal funds sold & reverse repurchase agreements
  • $1,900Net loans & leases
  • $15,066Loan loss allowance
  • $151Trading account assets
  • $0Bank premises and fixed assets
  • $568Other real estate owned
  • $0Goodwill and other intangibles
  • $351Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $23,361Total liabilities
  • $21,838Total deposits
  • $21,714Interest-bearing deposits
  • $17,636Deposits held in domestic offices
  • 21714.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $124Total equity capital
  • $124Total bank equity capital
  • $1,523Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $800Undivided profits
  • Memoranda
  • $223Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2Income earned, not collected on loans
  • $98Earning assets
  • $20,160Long-term assets (5+ years)
  • $2,696Average Assets, year-to-date
  • $21,671Average Assets, quarterly
  • $23,066Volatile liabilities
  • $746Insider loans
  • $125FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,970Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,523Total risk weighted assets
  • $14,192Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,766Total interest expense
  • $517Net interest income
  • $1,249Provision for loan and lease losses
  • $30Total noninterest income
  • $216Fiduciary activities
  • $0Service charges on deposit accounts
  • $139Trading account gains & fees
  • $0Additional noninterest income
  • $77Total noninterest expense
  • $1,054Salaries and employee benefits
  • $534Premises and equipment expense
  • $151Additional noninterest expense
  • $369Pre-tax net operating income
  • $381Securities gains (losses)
  • $0Applicable income taxes
  • $123Income before extraordinary items
  • $258Extraordinary gains - net
  • $0Net income attributable to bank
  • $258Net charge-offs
  • $10Cash dividends
  • $45Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.39%Cost of funding earning assets
  • 2.75%Net interest margin
  • 6.64%Noninterest income to earning assets
  • 1.15%Noninterest expense to earning assets
  • 5.60%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 1.76%Return on equity (ROE)
  • 18.19%Retained earnings to average equity (YTD only)
  • 15.02%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 300.00%Efficiency ratio
  • 71,945Assets per employee
  • 1.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.44%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 7550.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 69.38%Net loans and leases to core deposits
  • 71.85%Equity capital to assets
  • 6.52%Core capital (leverage) ratio
  • 6.55%Tier 1 risk-based capital ratio
  • 10.73%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $21,671Average earning assets
  • $1,418Average equity
  • $18,814Average loans

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