The Cowlitz Bank
Longview, WA · Owner: Cowlitz Bcorp
$489M
total assets, June 30, 2010
$489M
total assets, June 30, 2010
The Cowlitz Bank was a state nonmember bank in Longview, WA, owned by Cowlitz Bcorp. It failed on Jul 30, 2010, and Heritage Bank took over its deposits. At its last report it held $489.0 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Jul 30, 2010
- Assets
- $489M
- Deposits
- $475M
- Estimated cost
- $31.3M
- Deposits went to
- Heritage Bank, Olympia, WA
Total assets
$489M
-15.7% in a year · -7.6% in a quarter
Deposits
$475M
-10.6% in a year · -7.6% in a quarter
Loans
$310M
-22.2% in a year · -3.7% in a quarter
Profit so far
-$14.5M
Jan 1 to Jun 30, 2010
Capital ratio
1.56%
-4.74 pts in a year
Return on assets
-5.53%
+0.15 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 927 Commerce Avenue, Longview, WA, 98632
- County
- Cowlitz
- Holding company
- Cowlitz Bcorp
- Established
- May 1, 1978
- Failed
- Jul 30, 2010
- Employees
- 105
- Branches
- 9 in 2 states
- Id
- b22643
Quarter by quarter
March 31, 1984 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 The Cowlitz Bank?
$489.0 million in total assets and $474.7 million in deposits as of June 30, 2010, with assets down 15.7% from a year before. Its loans were $310.4 million.
How many branches does The Cowlitz Bank have?
9 branches in 2 states as of June 30, 2026.
Is The Cowlitz Bank profitable?
No: it lost $14.5 million from January 1 to June 30, 2010. Its return on assets was -5.53% a year; about 1% is typical.
Who owns The Cowlitz Bank?
The Cowlitz Bank is owned by Cowlitz Bcorp, its holding company.
When did The Cowlitz Bank fail?
Jul 30, 2010. Heritage Bank of Olympia, WA took over its deposits. The estimated cost of the failure was $31.3 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.