Silverdale State Bank

Status:Inactive as of 10/01/2001
 Merger - Without Assistance
Successor Bank:American Marine Bank
Headquarters:Silverdale State Bank
Bucklin Hill Road & State Highway 21
Silverdale, WA 98383
Established:12/24/1919
FDIC Insurance:01/01/1934
FDIC Cert:#11216
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$31,484,000
Total Deposits:$28,510,000

History

1919-12-24Institution established: Original name:Silverdale State Bank
2001-10-01Merged into and subsequently operated as part of American Marine Bank (16730) in BAINBRIDGE ISLAND, WA
2010-01-29Failed. Acquired with government financial assistance and subsequently operated as part of Columbia State Bank (33826)
2010-02-01Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2011-05-20Acquired Summit Bank (513) in BURLINGTON, WA as part of a government assisted transaction.
2011-05-27Acquired First Heritage Bank (23626) in SNOHOMISH, WA as part of a government assisted transaction.
2011-08-05Acquired Bank of Whitman (22528) in COLFAX, WA as part of a government assisted transaction.
2013-04-01Acquired West Coast Bank (2345) in LAKE OSWEGO, OR
2014-11-01Acquired Panhandle State Bank (23415) in SANDPOINT, ID
2017-11-01Acquired Pacific Continental Bank (20774) in EUGENE, OR
2020-03-31Moved bank headquarters from BAINBRIDGE ISLAND, WA to Tacoma, WA
2021-10-01Acquired Merchants Bank of CommerceColumbia State Bank (24074) in Sacramento, CA.

Financial Information (2000-12-31 and Older)