American Marine Bank
Bainbridge Island, WA — Non-member Bank
Acquired Jan 2010
Vitals
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Total Assets329.2M -18.8 %
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Total Deposits287.4M -10.3 %
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Total Net Loans228.8M -23.2 %
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Net Income
-
Book Value2.4M -93.0 %
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Book Value x24.7M -93.0 %
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Book Value x37.1M -93.0 %
Balance Sheet Highlights
| Financial Highlights | American Marine Bank | All Insured Commercial Banks in Washington |
| Balance Sheet $(000) | ||
| Total Assets | 329,246 | 441,961 |
| Total Net Loans | 228,844 | 309,661 |
| Total Deposits | 287,443 | 374,865 |
| Total Equity | 2,357 | 34,324 |
| Profitability | ||
| Net Income | — | 1,813 |
| Return on Average Assets | — | .685 |
| Return on Average Equity | — | 6.63 |
| Net Interest Margin | 3.506 | 3.658 |
| Efficiency Ratio | 117.364 | 99.119 |
| Noninterest Income/Revenue | 6.171 | 16.856 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 79.614 | 82.967 |
| Securities/Assets | .104 | .232 |
| Total Equity/Total Assets | .007 | .078 |
| Tangible Equity/Tangible Assets | .007 | -.299 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 2,671 | 32,226 |
| Tier 2 Capital | 2,671 | 4,313 |
| Total Capital | 5,342 | 36,531 |
| Total Risk Weighted Assets | 244,336 | 345,522 |
| Leverage Ratio | .76 | 8.688 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 1.09 | 11.577 |
| Total Capital Ratio | 2.19 | 12.82 |
Timeline for American Marine Bank
American Marine Bank was acquired by 14 years
Jan 30 2010
Columbia State Bank
American Marine Bank was acquired by Columbia State Bank 14 years
View Profile Jan 30 2010
Silverdale State Bank
Acquisition: American Marine Bank acquired a new subsidiary, Silverdale State Bank, 22 years
View Profile Oct 01 2001
Amb Financial Services Corporation
Amb Financial Services Corporation became a new parent organization for American Marine Bank.
View Profile Sep 05 1997
American Marine Properties, Inc.
American Marine Properties, Inc. became a new subsidiary organization for American Marine Bank.
View Profile Mar 01 1993
| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Columbia State Bank | Buyer | 9,578,898 | Failure | 1/30/2010 | |
| Silverdale State Bank | Seller | 31,484 | Pooling of Interests | Discontinued | 10/1/2001 |
| Relationships | Role | Relationship Start | Relationship End |
| Amb Financial Services Corporation | Parent | 9/5/1997 | 1/29/2010 |
| American Marine Properties, Inc. | Subsidary | 3/1/1993 | 7/1/1998 |
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