Shoreline Bank
Shoreline, WA · Owner: Northwest Community Bcorp Inc
$93.0M
total assets, September 30, 2010
$93.0M
total assets, September 30, 2010
Shoreline Bank was a state nonmember bank in Shoreline, WA, owned by Northwest Community Bcorp Inc. It failed on Oct 1, 2010, and GBC International Bank took over its deposits. At its last report it held $93.0 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2010
This bank failed
- Failed on
- Oct 1, 2010
- Assets
- $93.0M
- Deposits
- $90.6M
- Estimated cost
- $23.5M
- Deposits went to
- GBC International Bank, Los Angeles, CA
Total assets
$93.0M
-27.0% in a year · -10.8% in a quarter
Deposits
$90.6M
-20.2% in a year · -9.5% in a quarter
Loans
$65.6M
-31.9% in a year · -10.2% in a quarter
Profit so far
-$4.1M
Jan 1 to Sep 30, 2010
Capital ratio
1.03%
-5.39 pts in a year
Return on assets
-5.14%
+1.46 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 16001 Aurora Avenue North, Shoreline, WA, 98133
- County
- King
- Holding company
- Northwest Community Bcorp Inc
- Established
- Sep 15, 1999
- Failed
- Oct 1, 2010
- Employees
- 30
- Branches
- 3
- Id
- b35250
Quarter by quarter
September 30, 1999 to September 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 Shoreline Bank?
$93.0 million in total assets and $90.6 million in deposits as of September 30, 2010, with assets down 27.0% from a year before. Its loans were $65.6 million.
How many branches does Shoreline Bank have?
3 branches in Washington as of June 30, 2026.
Is Shoreline Bank profitable?
No: it lost $4.11 million from January 1 to September 30, 2010. Its return on assets was -5.14% a year; about 1% is typical.
Who owns Shoreline Bank?
Shoreline Bank is owned by Northwest Community Bcorp Inc, its holding company.
When did Shoreline Bank fail?
Oct 1, 2010. GBC International Bank of Los Angeles, CA took over its deposits. The estimated cost of the failure was $23.5 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.