Security Bank

Status:Inactive as of 2001-12-31
 Merger - Without Assistance
Successor Bank:Umpqua Bank
Headquarters:Security Bank
700 South Broadway
Coos Bay, OR 97420
Established:1919-08-29
FDIC Insurance:1934-03-22
FDIC Cert:#6016
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:7
Total Assets:$219,806,000
Total Deposits:$176,371,000

History

1919-08-29Institution established: Original name:Security Bank of Coos County
1983-11-21Acquired Citizens Bank of North Bend (23458) in NORTH BEND, OR
1984-05-04Moved bank headquarters from MYRTLE POINT, OR to COOS BAY, OR
1985-01-11Acquired Coast Community Bank (22757) in HARBOR, OR
1985-01-29Changed name to Security Bank
1998-04-17Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1998-07-02Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2001-12-31Acquired Oregon State Bank (34972) in CORVALLIS, OR
2001-12-31Acquired Pacific State Bank (18777) in REEDSPORT, OR
2001-12-31Acquired Lincoln Security Bank (34179) in NEWPORT, OR
2001-12-31Acquired McKenzie State Bank (34740) in SPRINGFIELD, OR
2001-12-31Acquired Family Security Bank (34706) in BROOKINGS, OR
2001-12-31Merged into and subsequently operated as part of Umpqua Bank (17266) in ROSEBURG, OR
2002-11-15Acquired Centennial Bank (22493) in EUGENE, OR
2004-07-10Acquired Humboldt Bank (27582) in EUREKA, CA
2006-06-03Acquired Central California Bank (57372) in SONORA, CA
2006-06-03Acquired Western Sierra National Bank (24903) in CAMERON PARK, CA
2006-06-03Acquired Auburn Community Bank (34557) in AUBURN, CA
2006-06-03Acquired Lake Community Bank (25748) in LAKEPORT, CA
2007-04-27Acquired Vintage Bank (25853) in NAPA, CA
2009-01-16Acquired Bank of Clark County (34959) in VANCOUVER, WA as part of a government assisted transaction.
2010-01-22Acquired Evergreen Bank (20501) in SEATTLE, WA as part of a government assisted transaction.
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 (2000-12-31 and Older)