Evertrust Bank
Everett, WA — Domestic Branch of a Domestic Bank
Acquired Nov 2004
Vitals
-
Total Assets760.7M 4.0 %
-
Total Deposits567.9M 4.5 %
-
Total Net Loans660.1M 16.7 %
-
Net Income7.9M 13.9 %
-
Book Value75.8M 6.3 %
-
Book Value x2151.7M 6.3 %
-
Book Value x3227.5M 6.3 %
Balance Sheet Highlights
Financial Highlights | Evertrust Bank | All Insured Savings Banks in Washington |
Balance Sheet $(000) | ||
Total Assets | 760,747 | 2,638,691 |
Total Net Loans | 660,145 | 2,086,822 |
Total Deposits | 567,875 | 2,032,681 |
Total Equity | 75,846 | 201,954 |
Profitability | ||
Net Income | 7,883 | 18,901 |
Return on Average Assets | 1.387 | 1.25 |
Return on Average Equity | 14.348 | 11.192 |
Net Interest Margin | 3.904 | 4.574 |
Efficiency Ratio | 51.281 | 66.174 |
Noninterest Income/Revenue | 10.031 | 26.826 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 116.248 | 108.461 |
Securities/Assets | .086 | .084 |
Total Equity/Total Assets | .1 | .077 |
Tangible Equity/Tangible Assets | .099 | .062 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 75,929 | 196,811 |
Tier 2 Capital | 8,747 | 36,330 |
Total Capital | 84,676 | 233,141 |
Total Risk Weighted Assets | 698,985 | 1,861,227 |
Leverage Ratio | 10.06 | 11.041 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.86 | 14.796 |
Total Capital Ratio | 12.11 | 15.974 |
Timeline for Evertrust Bank
Keybank National Association
Evertrust Bank was acquired by Keybank National Association 19 years
View Profile Nov 12 2004Evertrust Asset Management
Evertrust Asset Management became a new subsidiary organization for Evertrust Bank.
View Profile May 31 2001Commercial Bank Of Everett
Acquisition: Evertrust Bank acquired a new subsidiary, Commercial Bank Of Everett, 23 years
View Profile Feb 01 2001Evertrust Financial Group, Inc.
Evertrust Financial Group, Inc. became a new parent organization for Evertrust Bank.
View Profile Oct 01 1993Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Keybank National Association | Buyer | 101,264,880 | Acquisition | Discontinued | 11/12/2004 |
Commercial Bank Of Everett | Seller | 29,800 | Pooling of Interests | Discontinued | 2/1/2001 |
Relationships | Role | Relationship Start | Relationship End |
Keycorp | Parent | 11/1/2004 | 11/11/2004 |
Evertrust Financial Group, Inc. | Parent | 10/1/1993 | 10/31/2004 |
Sound Financial, Inc. | Subsidary | 10/1/1993 | 11/11/2004 |
Colby Crest Partners, L.P. | Subsidary | 10/15/2004 | 11/11/2004 |
Evertrust Asset Management | Subsidary | 5/31/2001 | 11/11/2004 |
Alpine Ridge Associates, A Washington Limited Partnership | Subsidary | 10/1/1993 | 8/31/2001 |
Everett Mutual Foundation | Subsidary | 10/1/1993 | 8/31/2001 |
Colby Crest Partners, L.P. | Subsidary | 10/1/1993 | 8/31/2001 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Greenfield Savings Bank
|
Greenfield | MA | 769.5M |
Webster Five Cents Savings Bank
|
Webster | MA | 745.9M |
Harleysville Savings Bank
|
Harleysville | PA | 748.2M |
Southstar Bank, S.S.B.
|
Moulton | TX | 783.7M |
Asheville Savings Bank, S.S.B.
|
Asheville | NC | 796.2M |
Integrity Bank, Ssb
|
Houston | TX | 726.5M |
Fidelity Co-Operative Bank
|
Fitchburg | MA | 777.8M |
Bath Savings Institution
|
Bath | ME | 820.0M |
Ulster Savings Bank
|
Kingston | NY | 814.9M |
1St Security Bank Of Washington
|
Mountlake Terrace | WA | 827.0M |