Vitals
  • Total Assets
    343.4M 91.8 %
  • Total Deposits
    300.1M 96.6 %
  • Total Net Loans
    230.8M 61.2 %
  • Net Income
    1.2M 2.3 %
  • Book Value
    35.2M 56.2 %
  • Book Value x2
    70.4M 56.2 %
  • Book Value x3
    105.6M 56.2 %
ROAA

.398

ROAE

3.318

Efficiency Ratio

78.791

Net Interest Margin

2.876

Balance Sheet Highlights
Financial Highlights Commencement Bank All Insured Commercial Banks in Washington
Balance Sheet $(000)
Total Assets 343,390 1,309,331
Total Net Loans 230,754 914,924
Total Deposits 300,106 1,092,792
Total Equity 35,203 152,127
Profitability
Net Income 1,168 12,922
Return on Average Assets .398 .911
Return on Average Equity 3.318 8.319
Net Interest Margin 2.876 3.836
Efficiency Ratio 78.791 71.805
Noninterest Income/Revenue 6.026 18.251
Balance Sheet Ratios
Loan-to-Deposit 76.891 80.687
Securities/Assets .024 .16
Total Equity/Total Assets .103 .116
Tangible Equity/Tangible Assets .098 .099
Capital Adequacy
Tier 1 Common Capital 33,427 127,821
Tier 1 Capital 33,427 127,821
Tier 2 Capital 2,076 10,823
Total Capital 35,503 138,644
Total Risk Weighted Assets 260,634 1,050,147
Leverage Ratio 11.45 10.428
Common Equity Tier 1 Capital Ratio 12.83 14.247
Tier 1 Capital Ratio 12.83 14.247
Total Capital Ratio 13.62 15.385

Timeline for Commencement Bank

Thurston First Bank

Acquisition: Commencement Bank acquired a new subsidiary, Thurston First Bank, 7 years

View Profile Nov 01 2016

Commencement Bank

Commencement Bank was established 17 years ago and is currently headquartered in Tacoma, WA.

Dec 11 2006
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Thurston First Bank Seller 133,304 Acquisition Discontinued 11/1/2016
Relationships Role Relationship Start Relationship End
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