Vitals
  • Total Assets
    54.0M 7.9 %
  • Total Deposits
    46.1M 7.6 %
  • Total Net Loans
    40.2M 16.9 %
  • Net Income
    334000.0000 -24.4 %
  • Book Value
    6.7M 9.4 %
  • Book Value x2
    13.4M 9.4 %
  • Book Value x3
    20.0M 9.4 %
ROAA

.91

ROAE

6.878

Efficiency Ratio

73.384

Net Interest Margin

5.002

Balance Sheet Highlights
Financial Highlights Marinerbank All Insured Commercial Banks in Washington
Balance Sheet $(000)
Total Assets 54,031 332,904
Total Net Loans 40,163 253,477
Total Deposits 46,142 267,925
Total Equity 6,676 35,352
Profitability
Net Income 334 6,108
Return on Average Assets .91 1.331
Return on Average Equity 6.878 13.24
Net Interest Margin 5.002 5.143
Efficiency Ratio 73.384 68.626
Noninterest Income/Revenue 1.525 10.943
Balance Sheet Ratios
Loan-to-Deposit 87.042 90.713
Securities/Assets .037 .293
Total Equity/Total Assets .124 .106
Tangible Equity/Tangible Assets .124 .043
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 6,693 33,484
Tier 2 Capital 421 3,931
Total Capital 7,114 36,921
Total Risk Weighted Assets 44,800 281,571
Leverage Ratio 12.99 11.778
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 14.94 14
Total Capital Ratio 15.88 15.17

Timeline for Marinerbank

Kitsap Bank

Marinerbank was acquired by Kitsap Bank 17 years

View Profile Dec 01 2006

Marinerbank

Marinerbank was established 21 years ago and is currently headquartered in Port Townsend, WA.

Dec 16 2002
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Kitsap Bank Buyer 1,150,083 Acquisition Discontinued 12/1/2006
Relationships Role Relationship Start Relationship End
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