Vitals
  • Total Assets
    3.3B -21.6 %
  • Total Deposits
    2.8B -15.3 %
  • Total Net Loans
    2.6B -28.0 %
  • Net Income
    -45063000.0000
  • Book Value
    16.3M -94.8 %
  • Book Value x2
    32.6M -94.8 %
  • Book Value x3
    48.8M -94.8 %
ROAA

-5.234

ROAE

-466.069

Efficiency Ratio

213.834

Net Interest Margin

2.099

Balance Sheet Highlights
Financial Highlights Frontier Bank All Insured Commercial Banks in Washington
Balance Sheet $(000)
Total Assets 3,250,734 452,675
Total Net Loans 2,553,739 313,447
Total Deposits 2,846,886 385,032
Total Equity 16,275 35,703
Profitability
Net Income -45,063 -860
Return on Average Assets -5.234 -.71
Return on Average Equity -466.069 -13.789
Net Interest Margin 2.099 3.697
Efficiency Ratio 213.834 89.602
Noninterest Income/Revenue -18.57 9.793
Balance Sheet Ratios
Loan-to-Deposit 89.703 80.463
Securities/Assets .025 .238
Total Equity/Total Assets .005 .079
Tangible Equity/Tangible Assets .005 -.296
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 14,787 33,574
Tier 2 Capital 14,787 3,957
Total Capital 29,574 37,891
Total Risk Weighted Assets 2,716,636 342,659
Leverage Ratio .43 8.866
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio .54 11.958
Total Capital Ratio 1.09 13.204

Timeline for Frontier Bank

Frontier Bank was acquired by 13 years

May 01 2010

Mufg Union Bank, National Association

Frontier Bank was acquired by Mufg Union Bank, National Association 13 years

View Profile May 01 2010

Ffp, Inc.

Acquisition: Frontier Bank acquired a new subsidiary, Ffp, Inc. , 15 years

View Profile Dec 31 2008

Bank Of Salem

Acquisition: Frontier Bank acquired a new subsidiary, Bank Of Salem, 16 years

View Profile Dec 01 2007

Northstar Bank

Acquisition: Frontier Bank acquired a new subsidiary, Northstar Bank, 18 years

View Profile Feb 01 2006

Want to see more?

Complete timeline for Frontier Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Mufg Union Bank, National Association Buyer 116,911,780 Failure 5/1/2010
Ffp, Inc. Seller Pooling of Interests Discontinued 12/31/2008
Bank Of Salem Seller 210,847 Acquisition Discontinued 12/1/2007
Northstar Bank Seller 177,767 Acquisition Discontinued 2/1/2006
Inter Bank Seller 71,898 Acquisition Discontinued 2/2/2001
North Sound Bank Seller 182,785 Pooling of Interests Discontinued 10/6/2000
Bank Of Sumner Seller 99,067 Pooling of Interests Discontinued 12/21/1998
The Bank Of Northshore Seller 19,937 Discontinued 7/2/1993
Edmonds National Bank Seller 26,520 Discontinued 11/13/1992
Citizens Bank Of Snohomish County Seller 27,367 Discontinued 8/26/1989
Bank Of Arlington Seller 10,348 Discontinued 8/2/1982
Relationships Role Relationship Start Relationship End
Frontier Financial Corporation Parent 10/1/1983 4/30/2010
North Sound Financial Services, Inc. Subsidary 10/6/2000 6/25/2001
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