Bank of Whitman

South 201 Main Street
Colfax, WA 99111

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 22528
Date Established 1977
Assets $0.55 billion
Loans $0.42 billion
Deposits $0.52 billion
Capital $-0.00 billion

Bank of Whitman is an FDIC insured institution located in Colfax, WA. It was founded in 1977 and has approximately $0.55 billion in assets.

Closed by FDIC on August 5, 2011 and assets transferred to Columbia State Bank.

For a more detailed analysis of Bank of Whitman's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Bank of Whitman’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Bank of Whitman’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank Of Whitman, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Whitman

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Bank of Whitman
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Branches

Bank of Whitman branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bank Of Whitman Locations

Financial Details

Bank of Whitman Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Whitman. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Whitman U.S. Bank Average
254.13% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Bank of Whitman had $51,159,000 in non-current loans and $24,270,000 in owned real estate. To cover these potential losses it had $-319,000 in equity and $30,000,000 in loans loss reserves. That gives it a Texas Ratio of 254.13%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bank of Whitman U.S. Bank Average
-394.16% 8.58

Bank of Whitman has a Return on Equity of -394.16% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank of Whitman U.S. Bank Average
-0.06% 12.11

Bank of Whitman has a Capitalization of -0.06% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of Whitman Balance Sheet Analysis

As of June 30, 2011, Bank of Whitman had assets of $548,570,000, loans of $417,897,000, and deposits of $515,732,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Bank of Whitman

Branches and Savings

Is Bank of Whitman FDIC insured?

Yes. It is covered under FDIC Certificate #22528.

Why does Bank of Whitman pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank of Whitman CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank of Whitman a commercial bank?

Yes

Where are Bank of Whitman locations?

See branch locations nearby.

Is Bank of Whitman open on Saturdays?

Is Bank of Whitman open on Sundays?

What time does Bank of Whitman open?

What time does Bank of Whitman close?

Are Bank of Whitman ATMs Open 24/7?

Do Bank of Whitman ATMs accept cash deposits?

Can Bank of Whitman customers use other ATMs?

Do Bank of Whitman branches have notaries?

Will Bank of Whitman notarize my document?

What address for Bank of Whitman should I put for incoming ACH transfers?

Will the Bank of Whitman branch print checks?

Do Bank of Whitman checks expire?

Does Bank of Whitman require US citizenship to open account?

Can Bank of Whitman close my account?

Does Bank of Whitman Report to credit bureaus?

Does Bank of Whitman Use Equifax?

What is Bank of Whitman's ACH Routing Number?

What is Bank of Whitman's SWIFT code?

Products

Does Bank of Whitman offer mortgages?

Compare mortgage rates here.

Does Bank of Whitman offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of Whitman offer personal loans?

Compare personal loan rates here.

Does Bank of Whitman offer student loans?

Will Bank of Whitman cash a check?

Will Bank of Whitman redeem a savings bond?

Does Bank of Whitman cash savings bonds?

Will Bank of Whitman cash money orders?

Can Bank of Whitman issue a money order?

Does Bank of Whitman do currency exchange?

Background on The Bank

Who owns Bank of Whitman?

How long has Bank of Whitman been around?

Can Bank of Whitman transfer to other banks?

Does Bank of Whitman have quick pay?

Does Bank of Whitman accept rolled coins?

Will Bank of Whitman accept loose change?

Where is Bank of Whitman headquarters?

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