Cascade Bank
Everett, WA — Domestic Branch of a Domestic Bank
Acquired Jun 2011
Vitals
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Total Assets1.5B -13.8 %
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Total Deposits1.1B -8.8 %
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Total Net Loans950.7M -15.6 %
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Net Income-2287000.0000 92.8 %
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Book Value78.4M -37.7 %
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Book Value x2156.8M -37.7 %
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Book Value x3235.2M -37.7 %
Balance Sheet Highlights
Financial Highlights | Cascade Bank | All Insured Commercial Banks in Washington |
Balance Sheet $(000) | ||
Total Assets | 1,457,791 | 412,698 |
Total Net Loans | 950,677 | 267,828 |
Total Deposits | 1,070,476 | 351,941 |
Total Equity | 78,415 | 41,202 |
Profitability | ||
Net Income | -2,287 | 387 |
Return on Average Assets | -.621 | .071 |
Return on Average Equity | -11.453 | -1.148 |
Net Interest Margin | 2.682 | 3.963 |
Efficiency Ratio | 94.826 | 87.137 |
Noninterest Income/Revenue | -3.793 | 13.892 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 88.809 | 77.89 |
Securities/Assets | .195 | .132 |
Total Equity/Total Assets | .054 | .1 |
Tangible Equity/Tangible Assets | .054 | .097 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 82,551 | 39,324 |
Tier 2 Capital | 12,609 | 3,436 |
Total Capital | 95,160 | 42,747 |
Total Risk Weighted Assets | 995,489 | 287,227 |
Leverage Ratio | 5.61 | 9.506 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 8.29 | 13.459 |
Total Capital Ratio | 9.56 | 14.702 |
Timeline for Cascade Bank
Issaquah Bank
Acquisition: Cascade Bank acquired a new subsidiary, Issaquah Bank, 19 years
View Profile Jun 04 2004Cascade Financial Corporation
Cascade Financial Corporation became a new parent organization for Cascade Bank.
View Profile Jul 27 2001American First National Bank
Acquisition: Cascade Bank acquired a new subsidiary, American First National Bank, 26 years
View Profile Aug 01 1997Cascade Investment Services, Inc.
Cascade Investment Services, Inc. became a new subsidiary organization for Cascade Bank.
View Profile Oct 27 1992Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Opus Bank | Buyer | 7,709,424 | Acquisition | Discontinued | 6/30/2011 |
Issaquah Bank | Seller | 130,467 | Acquisition | Discontinued | 6/4/2004 |
American First National Bank | Seller | 65,295 | Discontinued | 8/1/1997 |
Relationships | Role | Relationship Start | Relationship End |
Cascade Financial Corporation | Parent | 7/27/2001 | 6/29/2011 |
Cascade Investment Services, Inc. | Subsidary | 10/27/1992 | 12/31/2005 |
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