Westside Community Bank
University Place, WA · Owner: Westside Banking Co
$91.9M
total assets, December 31, 2012
$91.9M
total assets, December 31, 2012
Westside Community Bank was a state nonmember bank in University Place, WA, owned by Westside Banking Co. It failed on Jan 11, 2013, and Sunwest Bank took over its deposits. At its last report it held $91.9 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2012
This bank failed
- Failed on
- Jan 11, 2013
- Assets
- $91.9M
- Deposits
- $91.9M
- Estimated cost
- $22.9M
- Deposits went to
- Sunwest Bank, Irvine, CA
Total assets
$91.9M
-21.3% in a year · -5.9% in a quarter
Deposits
$91.9M
-16.7% in a year · -4.8% in a quarter
Loans
$67.4M
-27.7% in a year · -5.2% in a quarter
Profit so far
-$6.4M
Jan 1 to Dec 31, 2012
Capital ratio
0.04%
-4.81 pts in a year
Return on assets
-6.09%
-3.18 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 4922 Bridgeport Way West, University Place, WA, 98467
- County
- Pierce
- Holding company
- Westside Banking Co
- Established
- Mar 29, 1995
- Failed
- Jan 11, 2013
- Employees
- 17
- Branches
- 2
- Id
- b33997
Quarter by quarter
March 31, 1995 to December 31, 2012
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 Westside Community Bank?
$91.9 million in total assets and $91.9 million in deposits as of December 31, 2012, with assets down 21.3% from a year before. Its loans were $67.4 million.
How many branches does Westside Community Bank have?
2 branches in Washington as of June 30, 2026.
Is Westside Community Bank profitable?
No: it lost $6.38 million from January 1 to December 31, 2012. Its return on assets was -6.09% a year; about 1% is typical.
Who owns Westside Community Bank?
Westside Community Bank is owned by Westside Banking Co, its holding company.
When did Westside Community Bank fail?
Jan 11, 2013. Sunwest Bank of Irvine, CA took over its deposits. The estimated cost of the failure was $22.9 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.