$982M
total assets, March 31, 2010
City Bank was a state nonmember bank in Lynnwood, WA. It failed on Apr 16, 2010, and Whidbey Island Bank took over its deposits. At its last report it held $981.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- Apr 16, 2010
- Assets
- $982M
- Deposits
- $920M
- Estimated cost
- $155M
- Deposits went to
- Whidbey Island Bank, Coupeville, WA
Total assets
$982M
-28.4% in a year · -11.9% in a quarter
Deposits
$920M
-19.5% in a year · -9.9% in a quarter
Loans
$541M
-48.3% in a year · -7.4% in a quarter
Profit so far
-$16.1M
Jan 1 to Mar 31, 2010
Capital ratio
0.51%
-9.85 pts in a year
Return on assets
-6.13%
-3.75 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 14807 Hwy 99, Lynnwood, WA, 98087
- County
- Snohomish
- Established
- Apr 15, 1974
- Failed
- Apr 16, 2010
- Employees
- 152
- Branches
- 8
- Id
- b21521
Quarter by quarter
March 31, 1984 to March 31, 2010
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 City Bank?
$981.9 million in total assets and $919.6 million in deposits as of March 31, 2010, with assets down 28.4% from a year before. Its loans were $540.6 million.
How many branches does City Bank have?
8 branches in Washington as of June 30, 2026.
Is City Bank profitable?
No: it lost $16.1 million from January 1 to March 31, 2010. Its return on assets was -6.13% a year; about 1% is typical.
When did City Bank fail?
Apr 16, 2010. Whidbey Island Bank of Coupeville, WA took over its deposits. The estimated cost of the failure was $155.0 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.