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Westside Community Bank

University Place, WA · failed January 11, 2013 · FDIC certificate 33997

Westside Community Bank of University Place, WA failed on January 11, 2013. It opened on March 29, 1995, 17 years before. At its last report before that it held $91.9 million in assets and $91.9 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $177.3 million. The FDIC estimates that the Deposit Insurance Fund lost $22.9 million on it.

1995-032012-12

Assets at the end$91.9 millionlast report before January 11, 2013

Deposits at the end$91.9 million

Estimated loss to the fund$22.9 millionDIF

Largest in the quarterly reports$177.3 millionDecember 31, 2008

Equity to assets0.0%December 31, 2012

Loans not being repaid22.9%noncurrent, December 31, 2012

Return on assets-6.09%a year's rate, December 31, 2012

Staff17full time, December 31, 2012

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Also ended in 2013

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Mountain National Bank · Sevierville, TN · $437.3 million in assets
Community South Bank · Parsons, TN · $386.9 million in assets
Douglas County Bank · Douglasville, GA · $317.3 million in assets
Frontier Bank · Lagrange, GA · $258.8 million in assets
First Community Bank of Southwest Florida · Fort Myers, FL · $247.3 million in assets

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.