American Marine Bank
Bainbridge Island, WA · Owner: Amb Finl Services Employee STK Ownership Plan With 401 K Provisions
$329M
total assets, December 31, 2009
$329M
total assets, December 31, 2009
American Marine Bank was a state nonmember bank in Bainbridge Island, WA, owned by Amb Finl Services Employee STK Ownership Plan With 401 K Provisions. It failed on Jan 29, 2010, and Columbia State Bank took over its deposits. At its last report it held $329.2 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Jan 29, 2010
- Assets
- $329M
- Deposits
- $287M
- Estimated cost
- $28.4M
- Deposits went to
- Columbia State Bank, Tacoma, WA
Total assets
$329M
-18.8% in a year · -8.9% in a quarter
Deposits
$287M
-10.3% in a year · -6.8% in a quarter
Loans
$240M
-20.5% in a year · -6.8% in a quarter
Profit so far
-$30.5M
Jan 1 to Dec 31, 2009 · -3306.9% in a year
Capital ratio
0.76%
-7.43 pts in a year
Return on assets
-8.21%
-8.44 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 249 Winslow Way East, Bainbridge Island, WA, 98110
- County
- Kitsap
- Holding company
- Amb Finl Services Employee STK Ownership Plan With 401 K Provisions
- Established
- Sep 17, 1948
- Failed
- Jan 29, 2010
- Employees
- 120
- Branches
- 12
- Id
- b16730
Quarter by quarter
March 31, 1984 to December 31, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is American Marine Bank?
$329.2 million in total assets and $287.4 million in deposits as of December 31, 2009, with assets down 18.8% from a year before. Its loans were $240.3 million.
How many branches does American Marine Bank have?
12 branches in Washington as of June 30, 2026.
Is American Marine Bank profitable?
No: it lost $30.5 million from January 1 to December 31, 2009. Its return on assets was -8.21% a year; about 1% is typical.
Who owns American Marine Bank?
American Marine Bank is owned by Amb Finl Services Employee STK Ownership Plan With 401 K Provisions, its holding company.
When did American Marine Bank fail?
Jan 29, 2010. Columbia State Bank of Tacoma, WA took over its deposits. The estimated cost of the failure was $28.4 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.