Full text : Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAL

WASHINGTON NATIONAL BANK OF COMMERCE, Seattle, Wash.
ADDRESS: 45th Ave. and University Way.
CONTROL: Marine Bancorporation holds 91.2% of the stock.
HISTORY: Incorporated under Washington Laws in 1913 as King County State
Bank. Name later changed to Marine State Bank. Charter granted under National
 Bank Act June 4, 1930, and name changed to above.
Departments: General Banking.
Members of: A. B. A,, Washington B. A.
Correspondents: Marine National Bank at Seattle, Irving Trust Co., New York.
OFFICERS: Blake D. Mills, Pres.: W. J. Colkett, Jr.. Vice Pres.; Elmer N. Doll.
Asst. Cash.
DIRECTORS: H. P. Chapman, F. O. Granston, Dr. E. E. Hemingway, Wylie
Hemphill, A. R. Hilen, Charles C. May, Blake D. Mills, W. Walter Williams.
CAPITAL: Authorized and outstanding, $100,000. Par Value, $100.
DIVIDEND: 89% paid in 1929.
COMPARATIVE STATEMENT, As of Dec. 31
1928
580,887
10,001
212,508
30,750
146,380
6,000
2,237
, 988.7613

RESOURCES—
Loans and Discounts......c..oooovieceneaece¥
Furniture and Fixtures. .......ooooiooeeeen.
SeCUTrities ii © eerie
U. S. Gov't Securities. ......ccoooiomieceeaanann
Cash and EXchange ....ooooomiieceeaeeeannn.
Letters of Credit. ete. ois eemennan
Dther Assets oer eee 1,634
eee %1.046.360

1927
531,621
10,000
252,680
80,750
159 672
1 OH224 7929

TOTAL ..........._
LIABILITIES—
Capital Stock eee eee ¥
Surplus and Profits ee.
Res. fOr Taxes ocr nenn
Bonds Borrowed .....oooieeeeeeeeeaaenens
ACCODIANCES crus es
Deposits ooo

100,000
28,326
3.800

00.000
- 212
700
Joe
ae
EE

100,000
23,042
2.906
908.775
.034,723
$123
9.1:1
7.4:1

Book Value of StocK...oooooveomoeeeneeens
Ratio, Deposits to Capital....ceeeraennnn...
Ratio. Deposits to Cap. & Survlus

THE AMERICAN BANK, Spokane, Wash.
HISTORY: Established 1908. '
Departments: Commercial, Savings.
Correspondents: Nat. City Bank, N. Y.; Union Trust Co., Chicago; Crocker First
Nat. Bank, San Francisco; First Seattle Dexter Horton Nat. Bank, Seattle.
OFFICERS: Clyde Johnson, Pres.; C. R. Dahn, Vice-Pres.; J. Douglas Leigh,
Vice-Pres.; E. B. McBride. Vice-Pres.: Arnold Gleason. Cash.; James Randall
Asst. Cash.
DIRECTORS: J. Johnson, Dr. T. M. Ahlquist, C. P. Lund, O. O. Young, M. O
Hatch, B. J. Hebert, John F. Davies, Frank Swanson, W. H. Farnham, R. K. Solliqd,
N. Norman, C. Oscar Peterson, Knute Engdahl, E. B. McBride. J. T- Cooper, Clvde
Johnson, C. R. Dahn, C. D. Martin, Arnold Gleason.
CAPITAL: Authorized and Outstanding, $400.000: Par value: $100
DIVIDENDS: 12% per annum. :
STATEMENT OF CONDITION. Dee. 31, 1929
RESOURCES I.TABILITIES
Loans and Discounts................$2,912,089 eene.$4.385,826
Furniture and Fixtures... ... 33,882 400,000
Bonds and Securities ................. 802,295 124.658
Cash & Due from Banks. 1R2 218 .
Total  coeceeeemeeevceeeennnee- $4,910,484 Total  eeeeeeeeercreceeeermeecncnemenne- 54,9 10.484
Bool val stock £121. Ratio dep. to cap. 11:1. Ratio dep. to cap. & sur. R.4-1
            
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