Evergreen Bank
Seattle, WA · Owner: Evergreenbancorp Inc
$396M
total assets, December 31, 2009
$396M
total assets, December 31, 2009
Evergreen Bank was a state nonmember bank in Seattle, WA, owned by Evergreenbancorp Inc. It failed on Jan 22, 2010, and Umpqua Bank took over its deposits. At its last report it held $396.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Jan 22, 2010
- Assets
- $396M
- Deposits
- $340M
- Estimated cost
- $43.4M
- Deposits went to
- Umpqua Bank, Roseburg, OR
Total assets
$396M
-14.1% in a year · -17.8% in a quarter
Deposits
$340M
-5.2% in a year · -22.5% in a quarter
Loans
$370M
-12.4% in a year · -3.4% in a quarter
Profit so far
-$25.5M
Jan 1 to Dec 31, 2009
Capital ratio
1.66%
-5.38 pts in a year
Return on assets
-5.47%
-4.70 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1111 3rd Ave, Suite 100, Seattle, WA, 98101
- County
- King
- Holding company
- Evergreenbancorp Inc
- Established
- Oct 1, 1971
- Failed
- Jan 22, 2010
- Employees
- 80
- Branches
- 7
- Id
- b20501
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 Evergreen Bank?
$396.0 million in total assets and $340.4 million in deposits as of December 31, 2009, with assets down 14.1% from a year before. Its loans were $370.5 million.
How many branches does Evergreen Bank have?
7 branches in Washington as of June 30, 2026.
Is Evergreen Bank profitable?
No: it lost $25.5 million from January 1 to December 31, 2009. Its return on assets was -5.47% a year; about 1% is typical.
Who owns Evergreen Bank?
Evergreen Bank is owned by Evergreenbancorp Inc, its holding company.
When did Evergreen Bank fail?
Jan 22, 2010. Umpqua Bank of Roseburg, OR took over its deposits. The estimated cost of the failure was $43.4 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.