# FIRST HERITAGE BANK

> **Failed bank** · SNOHOMISH, WA · failed 2011-05-27 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $34M

## What happened

FIRST HERITAGE BANK of SNOHOMISH, WA was closed by regulators on **2011-05-27**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **COLUMBIA STATE BANK** (TACOMA, WA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3934
- **FDIC Certificate:** 23626
- **FDIC FIN:** 10368
- **Bank name:** FIRST HERITAGE BANK
- **Location:** SNOHOMISH, WA
- **Failure date:** 2011-05-27
- **FDIC resolution date:** 2011-05-27
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $34M
- **Deposits at failure:** $163M
- **Assets at failure:** $173M
- **Acquiring bank:** COLUMBIA STATE BANK (TACOMA, WA)

## Other banks COLUMBIA STATE BANK has acquired in FDIC resolutions

- BANK OF WHITMAN (COLFAX, WA) — failed 2011-08-05 — /failed-bank/3952
- SUMMIT BANK (BURLINGTON, WA) — failed 2011-05-20 — /failed-bank/3931
- AMERICAN MARINE BANK (BAINBRIDGE ISLAND, WA) — failed 2010-01-29 — /failed-bank/3747
- COLUMBIA RIVER BANK (THE DALLES, OR) — failed 2010-01-22 — /failed-bank/3740

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20HERITAGE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST HERITAGE BANK (FDIC ID 3934), failed 2011-05-27. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/3934.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*