Evergreen Bank

Status:Inactive as of 2010-01-22
 Absorption - Assisted
Successor Bank:Umpqua Bank
Headquarters:Evergreen Bank
1111 3rd Ave, Suite 100
Seattle, WA 98101
Established:1971-10-01
FDIC Insurance:1971-10-01
FDIC Cert:#20501
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:7
Total Assets:$395,980,000
Total Deposits:$340,378,000

History

1971-10-01Institution established: Original name:Teachers' State Bank
1980-03-14Changed name to Evergreen Bank
2010-01-22Failed. Acquired with government financial assistance and subsequently operated as part of Umpqua Bank (17266)
2010-02-26Acquired Rainier Pacific Bank (38129) in TACOMA, WA as part of a government assisted transaction.
2010-06-18Acquired Nevada Security Bank (57110) in RENO, NV as part of a government assisted transaction.
2012-11-14Acquired Circle Bank (32743) in NOVATO, CA
2014-04-18Acquired Sterling Savings Bank (32158) in SPOKANE, WA

Financial Information (2009-12-31 and Older)