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Whidbey Island Bank
450 SW Bayshore Dr
Phone: (360) 679-3121p:360 679-3121 OAK HARBOR, WA  98277-3102  United States Ticker: CTBKCTBK

Business Summary
City Bank (the Bank) is engaged in general commercial and retail banking, with an emphasis on small and medium-sized businesses, construction lending for single family residences and home mortgage lending. The Bank’s principle business activities are conducted thorough its office located in Lynnwood, Washington, and eight branches throughout Snohomish and King Counties. The Bank’s loan portfolio includes residential construction and development loans secured by real estate amounting to approximately 63% of the total loan portfolio. At December 31, 2008, 55.53% of the Bank’s deposits were in brokered deposits. The Bank’s primary focus has been lending to small and medium-sized businesses, construction lending for single family residences and home mortgage lending. At December 31, 2008, the Bank operated three full service mortgage banking officers in Snohomish, Pierce and Clark Counties whose purpose is to originate loans for sale into the secondary market.
(Source: ARS)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
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Moody's
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Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/200912/31/2008YesYes--Yes

Industries
SIC Code Description
6029 Commercial banks, not elsewhere classified

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
President, Chief Executive Officer, Director Martin L.Heimbigner 57 1/1/2010 6/11/2003
Chief Financial Officer ChanthaBunphoath
Executive Vice President, Chief Credit Officer, Director James P.Carroll 12/22/2009
9 additional Officers and Directors records available in full report.

General Information
Number of Employees: 151 (As of 12/31/2008)
Outstanding Shares: 15,764,000 (As of 12/31/2009)
Shareholders: 606
Stock Exchange: OTC
Federal Tax Id: 910911183
Fax Number: (360) 675-7282


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Monday, August 28, 2023