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Sunday, 06/19/2016 11:24:20 AM

Sunday, June 19, 2016 11:24:20 AM

Post# of 733477
OTS Fact Sheet on Washington Mutual Bank
Institution Profile
* Total assets as of June 30, 2008: $307.02 billion
* Primary executive and business segment headquarters are located in Seattle,
Washington.
* Branches: 2,239 retail branch offices operating in 15 states
* 4,932 owned and branded ATMs
* Employees: 43,198 at June 30, 2008
Recent Deposit Flows
. Because of adverse events in the financial markets, material outflows began on
September 15, 2008. Coupled with further rating agency downgrades of Washington
Mutual Inc. (WM, the top-tier holding company) and Washington Mutual Bank
(WMB or the Bank), the Bank experienced a net deposit loss of $16.7 billion through
September 24, 2008.
Other Financial Details (as of June 30, 2008)
* Total deposits: $188.3 billion
* Brokered deposits: $34.04 billion
* Total borrowings: $82.9 billion primarily comprising Federal Home Loan Bank
advances of $58.4 billion and $7.8 billion of subordinated debt
* Loans held: $118.9 billion in single-family loans held for investment - this includes
$52.9 billion in payment option ARMs and $16.05 billion in subprime mortgage
loans
* Home Equity Lines of Credit (HELOCs): $53.4 billion
* Credit Card Receivables: $10.6 billion
E Permanent Subcommittee on Investigations
Wall Street & The Financial Crisis
Report Footnote #107 DochowDarrel-00076154_001
Footnote Exhibits - Page 0001
. Total loan servicing: $689.7 billion total loans serviced, including $442.7 billion in
loans serviced for others and $26.3 billion of subprime mortgage loans
* Non-performing assets: $11.6 billion, including $3.23 billion payment option ARMs
and $3.0 billion subprime mortgage loans


Office of Thrift Supervision Fact sheet


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