North County Bank
Arlington, WA · Owner: County Bcorp Inc
$289M
total assets, June 30, 2010
$289M
total assets, June 30, 2010
North County Bank was a state nonmember bank in Arlington, WA, owned by County Bcorp Inc. It failed on Sep 24, 2010, and Whidbey Island Bank took over its deposits. At its last report it held $288.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Sep 24, 2010
- Assets
- $289M
- Deposits
- $276M
- Estimated cost
- $70.8M
- Deposits went to
- Whidbey Island Bank, Coupeville, WA
Total assets
$289M
-19.6% in a year · -11.5% in a quarter
Deposits
$276M
-16.6% in a year · -11.8% in a quarter
Loans
$204M
-27.8% in a year · -8.9% in a quarter
Profit so far
-$2.9M
Jan 1 to Jun 30, 2010
Capital ratio
2.24%
-4.79 pts in a year
Return on assets
-1.85%
-1.65 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 16419 Smokey Point Blvd, Arlington, WA, 98223
- County
- Snohomish
- Holding company
- County Bcorp Inc
- Established
- Apr 1, 1999
- Failed
- Sep 24, 2010
- Employees
- 45
- Branches
- 4
- Id
- b35053
Quarter by quarter
June 30, 1999 to June 30, 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 North County Bank?
$288.8 million in total assets and $276.1 million in deposits as of June 30, 2010, with assets down 19.6% from a year before. Its loans were $203.8 million.
How many branches does North County Bank have?
4 branches in Washington as of June 30, 2026.
Is North County Bank profitable?
No: it lost $2.94 million from January 1 to June 30, 2010. Its return on assets was -1.85% a year; about 1% is typical.
Who owns North County Bank?
North County Bank is owned by County Bcorp Inc, its holding company.
When did North County Bank fail?
Sep 24, 2010. Whidbey Island Bank of Coupeville, WA took over its deposits. The estimated cost of the failure was $70.8 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.