Pierce Commercial Bank

Status:Inactive as of 11/05/2010
 Absorption - Assisted
Successor Bank:Heritage Bank
Headquarters:Pierce Commercial Bank
1722 South Union Avenue
Tacoma, WA 98405
Established:12/08/1997
FDIC Insurance:12/08/1997
FDIC Cert:#34411
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$221,082,000
Total Deposits:$193,473,000

History

1997-12-08Institution established: Original name:Pierce Commercial Bank
2010-11-05Failed. Acquired with government financial assistance and subsequently operated as part of Heritage Bank (29012)
2013-01-10Acquired Northwest Commercial Bank (57191) in LAKEWOOD, WA
2013-06-20Acquired Central Valley Bank (18616) in TOPPENISH, WA
2013-07-15Acquired Valley Bank (21231) in PUYALLUP, WA
2014-05-01Acquired Whidbey Island Bank (18412) in COUPEVILLE, WA
2018-01-16Acquired Puget Sound Bank (57955) in BELLEVUE, WA
2018-07-02Acquired Premier Community Bank (35013) in HILLSBORO, OR
2020-12-31Change trust powers from Full to None.

Financial Information (2010-09-30 and Older)