Prime Pacific Bank, National Association
Lynnwood, WA — Domestic Branch of a Domestic Bank
Acquired Aug 2016
Vitals
-
Total Assets123.8M -0.3 %
-
Total Deposits101.4M -7.4 %
-
Total Net Loans101.7M 5.8 %
-
Net Income887000.0000 35.6 %
-
Book Value16.2M 11.2 %
-
Book Value x232.3M 11.2 %
-
Book Value x348.5M 11.2 %
Balance Sheet Highlights
Financial Highlights | Prime Pacific Bank, National Association | All Insured Commercial Banks in Washington |
Balance Sheet $(000) | ||
Total Assets | 123,806 | 992,886 |
Total Net Loans | 101,723 | 685,732 |
Total Deposits | 101,416 | 822,181 |
Total Equity | 16,163 | 114,961 |
Profitability | ||
Net Income | 887 | 4,679 |
Return on Average Assets | 1.435 | .831 |
Return on Average Equity | 11.286 | 7.463 |
Net Interest Margin | 4.607 | 3.852 |
Efficiency Ratio | 67.418 | 72.169 |
Noninterest Income/Revenue | 33.634 | 18.219 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 100.303 | 81.811 |
Securities/Assets | .04 | .16 |
Total Equity/Total Assets | .131 | .116 |
Tangible Equity/Tangible Assets | .118 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | 14,312 | 96,790 |
Tier 1 Capital | 14,312 | 96,790 |
Tier 2 Capital | 1,291 | 8,169 |
Total Capital | 15,603 | 104,959 |
Total Risk Weighted Assets | 102,107 | 768,968 |
Leverage Ratio | 11.62 | 10.623 |
Common Equity Tier 1 Capital Ratio | 14.02 | 14.369 |
Tier 1 Capital Ratio | 14.02 | 14.369 |
Total Capital Ratio | 15.28 | 15.541 |
Timeline for Prime Pacific Bank, National Association
Bank Of The Cascades
Prime Pacific Bank, National Association was acquired by Bank Of The Cascades 7 years
View Profile Aug 02 2016Prime Pacific Financial Services, Inc.
Prime Pacific Financial Services, Inc. became a new parent organization for Prime Pacific Bank, National Association.
View Profile Jan 02 2001Prime Pacific Bank, National Association
Prime Pacific Bank, National Association was established 29 years ago and is currently headquartered in Lynnwood, WA.
May 22 1995Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bank Of The Cascades | Buyer | 3,167,495 | Acquisition | Discontinued | 8/2/2016 |
Relationships | Role | Relationship Start | Relationship End |
Prime Pacific Financial Services, Inc. | Parent | 1/2/2001 | 8/1/2016 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
The First National Bank Of Waseca
|
Waseca | MN | 123.7M |
Panola National Bank
|
Carthage | TX | 123.7M |
Mfsb, National Association
|
Sidney | OH | 123.2M |
The First National Bank Of Hartford
|
Hartford | AL | 122.8M |
First National Bank Of Alvin
|
Alvin | TX | 124.8M |
The First National Bank Of Hebbronville
|
Hebbronville | TX | 121.8M |
Big Bend Banks, N.A.
|
Marfa | TX | 124.0M |
Western National Bank
|
Duluth | MN | 119.4M |
The City National Bank Of Colorado City
|
Colorado City | TX | 123.3M |
First National Bank Of Chadron
|
Chadron | NE | 120.3M |