Core Business Bank
Bellevue, WA — Non-member Bank
Acquired Jun 2013
Vitals
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Total Assets62.4M 11.3 %
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Total Deposits55.2M 11.7 %
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Total Net Loans32.4M -5.5 %
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Net Income38000.0000 -25.5 %
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Book Value6.4M 2.2 %
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Book Value x212.9M 2.2 %
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Book Value x319.3M 2.2 %
Balance Sheet Highlights
Financial Highlights | Core Business Bank | All Insured Commercial Banks in Washington |
Balance Sheet $(000) | ||
Total Assets | 62,417 | 521,158 |
Total Net Loans | 32,376 | 341,457 |
Total Deposits | 55,184 | 445,889 |
Total Equity | 6,439 | 60,212 |
Profitability | ||
Net Income | 38 | 1,213 |
Return on Average Assets | .241 | .639 |
Return on Average Equity | 2.368 | 5.694 |
Net Interest Margin | 3.577 | 3.911 |
Efficiency Ratio | 109.004 | 81.237 |
Noninterest Income/Revenue | 2.619 | 19.196 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 58.669 | 75.842 |
Securities/Assets | .232 | .179 |
Total Equity/Total Assets | .103 | .116 |
Tangible Equity/Tangible Assets | .103 | .111 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 6,378 | 54,739 |
Tier 2 Capital | 315 | 4,441 |
Total Capital | 6,693 | 59,204 |
Total Risk Weighted Assets | 24,764 | 375,927 |
Leverage Ratio | 10.1 | 10.665 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 25.76 | 15.655 |
Total Capital Ratio | 27.03 | 16.879 |
Timeline for Core Business Bank
Puget Sound Bank
Core Business Bank was acquired by Puget Sound Bank 10 years
View Profile Jun 15 2013Core Business Bank
Core Business Bank was established 16 years ago and is currently headquartered in Bellevue, WA.
Mar 12 2008Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Puget Sound Bank | Buyer | 525,385 | Acquisition | Discontinued | 6/15/2013 |
Relationships | Role | Relationship Start | Relationship End |
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