Bank of the West 2007 Annual Report Download

Download and view the complete annual report

Please find the complete 2007 Bank of the West annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 24

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24

2007 Annual report

Table of contents

  • Page 1
    2007 Annual report

  • Page 2
    Our Regions Pacific Northwest Northern California Central California Southern California Southwest Rocky Mountains Midwest Great Plains

  • Page 3
    ...dollar amounts in thousands) 2007 2006 2005 Net interest income Total noninterest income Total noninterest expense Net income Return on average assets Total assets Total loans and leases Total deposits Stockholder's equity Total risk based capital ratio $ 1,568,127 404,045 1,189,680 417,254 .72...

  • Page 4
    ..., opened seven new retail branches and launched 14 commercial sales offices in key growth markets, including representative offices in New York City and Taiwan. We successfully increased product distribution in our credit card, mortgage, home equity lending and insurance businesses. Net operating...

  • Page 5
    ... West as the full-service bank that truly provides the customer service it advertises. In addition to the collegiate athletic programs we sponsor in several states, plus the 16th Bank of the West Classic tennis tournament and other community events described further in our report, the bank joined...

  • Page 6
    ...more than 700 branch, commercial and specialty business locations has the broad geographic reach of 19 states - Arizona, California, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin and Wyoming...

  • Page 7
    ... many customers whose missions support the economic health of the communities we serve. Throughout our footprint, Bank of the West offers a range of commercial products typically found at large banks: capital markets, cash management, corporate credit cards, equipment finance, foreign exchange, loan...

  • Page 8
    ... Oregon-based Northwest Aluminum Specialties. The relationship began with a credit facility to finance the company's growth and soon evolved to include cash management, corporate cards and a value-added program called Employee Rewards, which offers special pricing and discounts on Bank of the West...

  • Page 9
    ... vendor leasing programs that can help provide financing support. In 2007, we began to provide inventory financing to auto, RV and boat dealers as well as the construction, agricultural and transportation industries. As the nation's third largest agricultural bank, Bank of the West's agribusiness...

  • Page 10
    ...community banks and credit unions. We also provide similar document processing and services to title and escrow companies like Walnut Creek, California-based Liberty Title Company. Our relationship with the company includes a multi-million dollar credit facility, deposit accounts and cash management...

  • Page 11
    ... and dealers whose customers will finance their purchase. We also offer floor plan financing for RV, marine and auto dealers, as well as construction, transportation and agricultural equipment dealers. Pacific Rim Banking A specialized, multi-lingual staff in select California locations serves...

  • Page 12
    ...with special features, commercial cards, loans and lines of credit, commercial real estate loans and other products to help small business owners manage their enterprises. Bank of the West received four "Excellence in Business Banking" awards in 2007 from national consulting and 10 obtain equipment...

  • Page 13
    ...,a branch manager teamed up with colleagues in commercial banking and SBA lending to secure an SBA real estate loan for Dave and Kathy Knudsen to purchase and remodel the building that housed their family business, Knudsen's Ice Creamery & Chocolates, in Castro Valley, California. An SBA loan helped...

  • Page 14
    ... bill-pay, home mortgages, home equity loans and lines of credit, credit cards, competitively priced CDs and investment services, as well as private banking services. staff who speak more than one language. Bank of the West serves a diverse community from Omaha to Los Angeles and from San Jose...

  • Page 15
    ... boats. We also continued to improve eTimeBanker® online banking services. We added the ability for customers to view their Bank of the West credit card transactions and balances on eTimeBanker®. The improvements allow customers to track transactions and transfer funds between a deposit account...

  • Page 16
    ... equity lending, helping customers finance home improvements, enjoy vacations and pay down other debts. We originated $1.75 billion in direct consumer loans and lines of credit in 2007, a 5% increase from originations in 2006. We redoubled our efforts to service our wealthier clients through a new...

  • Page 17
    ..., tool operators and printing companies. Floor plan financing is now available for RV, marine, auto, construction, transportation and agricultural equipment dealers. SBA Loans As one of the largest bank SBA lenders in the nation, Bank of the West offers a variety of government-backed loan programs...

  • Page 18
    ... Fairfield, San Jose and Fresno, California; the bank plans similar events in Salt Lake City and other communities in 2008. In the Midwest, Bank of the West convened its fourth annual Neighborhood Summit for community leaders and elected officials from Omaha, Des Moines, Minneapolis and Kansas City...

  • Page 19
    ... charitable contributions, investments, public affairs programs and specialized lending, Bank of the West supports community celebrations and sporting events, as well as collegiate athletics at UCLA and UC-Berkeley, San Jose State University and the universities of Nebraska, New Mexico, South Dakota...

  • Page 20
    ... Chairman* J. Michael Shepherd President & CEO Gerard Denot 18 Thibault Fulconis Vice Chairman Finance Group Donald Duggan Senior Executive Vice President Chief Information Officer William Even Senior Executive Vice President Chief Credit Officer Vice Chairman Commercial Banking Group Scott...

  • Page 21
    ... Division Michael Robinson Executive Vice President Central California/Nevada Division Christopher Kramme Senior Vice President Commercial Banking Group Strategic Planning Allen Kirschenbaum Executive Vice President Real Estate Industries Division Miguel Serricchio Executive Vice President Cash...

  • Page 22
    ...(retired) BNP Paribas Former Director & President Banque Nationale de Paris Isao "Steve" Matsuura Chairman (retired) Sanwa Bank California Walter A. Dods, Jr. Chairman First Hawaiian Bank Trustee, Estate of S.M. Damon 20 Don J. McGrath Chairman & CEO BancWest Corporation Chairman Bank of the West...

  • Page 23
    ... bank operates more than 700 branch and commercial banking offices in nineteen states - Arizona, California, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Oklahoma, Oregon, Nevada, New Mexico, Nebraska, North Dakota, South Dakota, Utah, Washington, Wisconsin and Wyoming. Founded in 1874, Bank...

  • Page 24
    180 Montgomery Street San Francisco, CA 94104 925.942.8300 www.bankofthewest.com