ShoreBank, Pacific

Status:Inactive as of 12/31/2010
 Absorption - Without Assistance
Successor Bank:Beneficial State Bank
Headquarters:ShoreBank, Pacific
203 Howerton Way, Southeast
Ilwaco, WA 98624
Established:07/12/1978
FDIC Insurance:07/12/1978
FDIC Cert:#22680
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$180,109,000
Total Deposits:$139,822,000

History

1978-07-12Institution established: Original name:Heritage Bank
1987-09-21Moved bank headquarters from CAMAS, WA to VANCOUVER, WA
1987-09-21Changed name to U.S. Bank of Southwest Washington
1995-11-30Moved bank headquarters from VANCOUVER, WA to SEATTLE, WA
1995-11-30Changed name to ShoreTrust Bank
1997-07-31Moved bank headquarters from SEATTLE, WA to ILWACO, WA
1997-07-31Changed name to ShoreBank, Pacific
2010-12-31Merged into and subsequently operated as part of One PacificCoast Bank, FSB (58490) in OAKLAND, CA
2011-07-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
2014-07-25Changed name to beneficial state bank (58490)
2014-07-25Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2014-07-25Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2014-07-25Changed organization type to COMMERCIAL BANK
2016-06-18Acquired Pan American Bank (20448) in LOS ANGELES, CA
2018-02-01Acquired Albina Community Bank (34106) in PORTLAND, OR

Financial Information (2010-09-30 and Older)