This institution is no longer active

Operations ceased on February 19, 2010. CRA examination history below reflects the period it was active.

BANK OF EVERETT

EVERETT, WA · Supervised by FDIC

Est. 2006FDIC #58,337RSSD: FDIC-58337

Part ofCAPITOL BCORP LTD→ View all charters

Satisfactory

Current rating · Exam: September 2009

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -5.98%

Institution Profile

FDIC BankFind

Address

2722 Colby Avenue, EVERETT, WA

County

Snohomish County

Established

June 30, 2006

Total Assets

$44M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

September 1, 2009

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 16 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q4 2009Call Report / FDIC

Total Assets

$44M

Total Deposits

$40M

Net Loans

$34M

Net Income

$-2,670K

ROA

-5.98%

ROE

-53.16%

Risk-Based Capital

11.58%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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