$134M
total assets, December 31, 2008
Silver Falls Bank was a state nonmember bank in Silverton, OR. It failed on Feb 20, 2009, and Citizens Bank took over its deposits. At its last report it held $134.2 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2008
This bank failed
- Failed on
- Feb 20, 2009
- Assets
- $134M
- Deposits
- $116M
- Estimated cost
- $39.1M
- Deposits went to
- Citizens Bank, Corvallis, OR
Total assets
$134M
-3.6% in a year · -8.7% in a quarter
Deposits
$116M
+5.8% in a year · -4.7% in a quarter
Loans
$114M
-13.1% in a year · -10.9% in a quarter
Profit so far
-$9.2M
Jan 1 to Dec 31, 2008 · -554.0% in a year
Capital ratio
2.05%
-6.76 pts in a year
Return on assets
-6.41%
-8.08 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 217 East Main Street, Silverton, OR, 97381
- County
- Marion
- Established
- Apr 24, 2000
- Failed
- Feb 20, 2009
- Employees
- 33
- Branches
- 3
- Id
- b35399
Quarter by quarter
June 30, 2000 to December 31, 2008
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 Silver Falls Bank?
$134.2 million in total assets and $116.0 million in deposits as of December 31, 2008, with assets down 3.6% from a year before. Its loans were $114.0 million.
How many branches does Silver Falls Bank have?
3 branches in Oregon as of June 30, 2026.
Is Silver Falls Bank profitable?
No: it lost $9.16 million from January 1 to December 31, 2008. Its return on assets was -6.41% a year; about 1% is typical.
When did Silver Falls Bank fail?
Feb 20, 2009. Citizens Bank of Corvallis, OR took over its deposits. The estimated cost of the failure was $39.1 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.