Viking Bank
Seattle, WA — Domestic Branch of a Domestic Bank
Acquired Nov 2011
Vitals
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Total Assets387.4M -17.9 %
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Total Deposits362.2M -17.3 %
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Total Net Loans277.8M -20.8 %
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Net Income-6055000.0000 27.4 %
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Book Value20.7M -27.6 %
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Book Value x241.5M -27.6 %
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Book Value x362.2M -27.6 %
Balance Sheet Highlights
| Financial Highlights | Viking Bank | All Insured Commercial Banks in Washington |
| Balance Sheet $(000) | ||
| Total Assets | 387,392 | 480,561 |
| Total Net Loans | 277,753 | 309,509 |
| Total Deposits | 362,220 | 410,600 |
| Total Equity | 20,726 | 53,752 |
| Profitability | ||
| Net Income | -6,055 | 1,775 |
| Return on Average Assets | -1.932 | .121 |
| Return on Average Equity | -33.776 | -.323 |
| Net Interest Margin | 3.816 | 4.073 |
| Efficiency Ratio | 97.286 | 83.829 |
| Noninterest Income/Revenue | 3.752 | 13.611 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 76.681 | 75.795 |
| Securities/Assets | .062 | .16 |
| Total Equity/Total Assets | .054 | .112 |
| Tangible Equity/Tangible Assets | .054 | .107 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 19,242 | 50,231 |
| Tier 2 Capital | 3,587 | 4,018 |
| Total Capital | 22,829 | 54,329 |
| Total Risk Weighted Assets | 281,749 | 337,229 |
| Leverage Ratio | 4.86 | 10.028 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 6.83 | 14.378 |
| Total Capital Ratio | 8.1 | 15.609 |
Timeline for Viking Bank
Viking Financial Services Corporation
Viking Financial Services Corporation became a new parent organization for Viking Bank.
View Profile Dec 20 1995
Viking Bank
Viking Bank was established 31 years ago and is currently headquartered in Seattle, WA.
Jul 01 1992| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Americanwest Bank | Buyer | 4,513,284 | Acquisition | Discontinued | 11/30/2011 |
| Relationships | Role | Relationship Start | Relationship End |
| Viking Financial Services Corporation | Parent | 12/20/1995 | 11/29/2011 |
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