Skagit Bank

Status:Inactive as of 2018-11-01
 Merger - Without Assistance
Successor Bank:Banner Bank
Headquarters:Skagit Bank
301 East Fairhaven Avenue
Burlington, WA 98233
FDIC Insurance:1958-06-16
FDIC Cert:#17874
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:11
Total Assets:$919,096,000
Total Deposits:$819,687,000


1958-06-16Institution established: Original name:Skagit State Bank
1971-10-04Moved bank headquarters from BURLINGTON, WA to MOUNT VERNON, WA
1981-10-01Moved bank headquarters from MOUNT VERNON, WA to BURLINGTON, WA
2014-04-23Changed name to Skagit Bank
2018-11-01Merged into and subsequently operated as part of Banner Bank (28489) in WALLA WALLA, WA
2019-11-01Acquired AltaPacific Bank (58275) in SANTA ROSA, CA
2021-02-05Acquired Islanders BankBanner Bank (23469) in FRIDAY HARBOR, WA.

Financial Information (2018-09-30 and Older)