Foundation Bank
Bellevue, WA — Domestic Branch of a Domestic Bank
Acquired Sep 2016
Vitals
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Total Assets443.6M 2.2 %
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Total Deposits391.2M 1.6 %
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Total Net Loans292.3M 3.9 %
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Net Income1.9M 296.1 %
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Book Value51.2M 10.1 %
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Book Value x2102.4M 10.1 %
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Book Value x3153.5M 10.1 %
Balance Sheet Highlights
Financial Highlights | Foundation Bank | All Insured Commercial Banks in Washington |
Balance Sheet $(000) | ||
Total Assets | 443,616 | 992,886 |
Total Net Loans | 292,271 | 685,732 |
Total Deposits | 391,209 | 822,181 |
Total Equity | 51,181 | 114,961 |
Profitability | ||
Net Income | 1,945 | 4,679 |
Return on Average Assets | .888 | .831 |
Return on Average Equity | 7.83 | 7.463 |
Net Interest Margin | 3.77 | 3.852 |
Efficiency Ratio | 64.753 | 72.169 |
Noninterest Income/Revenue | 8.238 | 18.219 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 74.71 | 81.811 |
Securities/Assets | .205 | .16 |
Total Equity/Total Assets | .115 | .116 |
Tangible Equity/Tangible Assets | .115 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | 46,569 | 96,790 |
Tier 1 Capital | 46,569 | 96,790 |
Tier 2 Capital | 4,561 | 8,169 |
Total Capital | 51,130 | 104,959 |
Total Risk Weighted Assets | 361,989 | 768,968 |
Leverage Ratio | 10.75 | 10.623 |
Common Equity Tier 1 Capital Ratio | 12.86 | 14.369 |
Tier 1 Capital Ratio | 12.86 | 14.369 |
Total Capital Ratio | 14.12 | 15.541 |
Timeline for Foundation Bank
Pacific Continental Bank
Foundation Bank was acquired by Pacific Continental Bank 7 years
View Profile Sep 07 2016Foundation Bancorp, Inc.
Foundation Bancorp, Inc. became a new parent organization for Foundation Bank.
View Profile Apr 01 2003Foundation Bank
Foundation Bank was established 23 years ago and is currently headquartered in Bellevue, WA.
Sep 19 2000Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Pacific Continental Bank | Buyer | 2,533,100 | Acquisition | Discontinued | 9/7/2016 |
Relationships | Role | Relationship Start | Relationship End |
Foundation Bancorp, Inc. | Parent | 4/1/2003 | 9/6/2016 |
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