Commencement Bank
Tacoma, WA — State Member Bank
Active
Vitals
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Total Assets343.4M 91.8 %
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Total Deposits300.1M 96.6 %
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Total Net Loans230.8M 61.2 %
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Net Income1.2M 2.3 %
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Book Value35.2M 56.2 %
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Book Value x270.4M 56.2 %
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Book Value x3105.6M 56.2 %
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 2016Commencement Bank
Commencement Bank was established 17 years ago and is currently headquartered in Tacoma, WA.
Dec 11 2006Acquisitions & 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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