City Bank
Lynnwood, WA — Non-member Bank
Acquired Apr 2010
Vitals
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Total Assets981.9M -28.4 %
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Total Deposits919.6M -19.5 %
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Total Net Loans524.9M -47.8 %
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Net Income-16056000.0000
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Book Value5.5M -95.8 %
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Book Value x211.1M -95.8 %
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Book Value x316.6M -95.8 %
Balance Sheet Highlights
| Financial Highlights | City Bank | All Insured Commercial Banks in Washington |
| Balance Sheet $(000) | ||
| Total Assets | 981,913 | 452,675 |
| Total Net Loans | 524,909 | 313,447 |
| Total Deposits | 919,606 | 385,032 |
| Total Equity | 5,529 | 35,703 |
| Profitability | ||
| Net Income | -16,056 | -860 |
| Return on Average Assets | -6.042 | -.71 |
| Return on Average Equity | -473.646 | -13.789 |
| Net Interest Margin | .048 | 3.697 |
| Efficiency Ratio | -173.247 | 89.602 |
| Noninterest Income/Revenue | -673.499 | 9.793 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 57.08 | 80.463 |
| Securities/Assets | .007 | .238 |
| Total Equity/Total Assets | .006 | .079 |
| Tangible Equity/Tangible Assets | .005 | -.296 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 5,455 | 33,574 |
| Tier 2 Capital | 5,455 | 3,957 |
| Total Capital | 10,910 | 37,891 |
| Total Risk Weighted Assets | 816,064 | 342,659 |
| Leverage Ratio | .51 | 8.866 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | .67 | 11.958 |
| Total Capital Ratio | 1.34 | 13.204 |
Timeline for City Bank
City Bank was acquired by 14 years
Apr 17 2010
Evergreen State Bank
Acquisition: City Bank acquired a new subsidiary, Evergreen State Bank, 47 years
View Profile Nov 01 1976
City Bank
City Bank was established 50 years ago and is currently headquartered in Lynnwood, WA.
Apr 15 1974| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Whidbey Island Bank | Buyer | 1,684,640 | Failure | 4/17/2010 | |
| Evergreen State Bank | Seller | 8,308 | Discontinued | 11/1/1976 |
| Relationships | Role | Relationship Start | Relationship End |
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