401k Plan data: WHIDBEY ISLAND BANK 401(K) PLAN plan

WHIDBEY ISLAND BANK 401(K) PLAN 401k Plan overview

Plan Name	WHIDBEY ISLAND BANK 401(K) PLAN
Plan identification number	001

WHIDBEY ISLAND BANK 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

WHIDBEY ISLAND BANK has sponsored the creation of one or more 401k plans.

Company Name: WHIDBEY ISLAND BANK

Employer identification number (EIN): 910726237

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about WHIDBEY ISLAND BANK

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division

Incorporation Date: 1960-11-30

Company Identification Number: 151000341

More information about WHIDBEY ISLAND BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WHIDBEY ISLAND BANK 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2014-01-01 JEANETTE EVANS JEANETTE EVANS 2015-04-29
001 2013-01-01 LYNN GARRISON LYNN GARRISON 2014-10-14
001 2012-01-01 SHELLY THOMAS LYNN GARRISON 2013-07-29
001 2011-01-01 LYNN GARRISON
001 2010-01-01 LYNN GARRISON LYNN GARRISON 2011-07-28
001 2009-01-01 LYNN GARRISON LYNN GARRISON 2010-07-30

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2014-01-01	JEANETTE EVANS	JEANETTE EVANS	2015-04-29
001	2013-01-01	LYNN GARRISON	LYNN GARRISON	2014-10-14
001	2012-01-01	SHELLY THOMAS	LYNN GARRISON	2013-07-29
001	2011-01-01	LYNN GARRISON
001	2010-01-01	LYNN GARRISON	LYNN GARRISON	2011-07-28
001	2009-01-01	LYNN GARRISON	LYNN GARRISON	2010-07-30

Plan Statistics for WHIDBEY ISLAND BANK 401(K) PLAN

401k plan membership statisitcs for WHIDBEY ISLAND BANK 401(K) PLAN

Measure Date Value
2014: WHIDBEY ISLAND BANK 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 521
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 0
Number of participants with account balances 2014-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: WHIDBEY ISLAND BANK 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 523
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 475
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 46
Total of all active and inactive participants 2013-01-01 521
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 521
Number of participants with account balances 2013-01-01 353
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: WHIDBEY ISLAND BANK 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 501
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 304
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 42
Total of all active and inactive participants 2012-01-01 346
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 346
Number of participants with account balances 2012-01-01 346
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: WHIDBEY ISLAND BANK 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 491
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 458
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 39
Total of all active and inactive participants 2011-01-01 497
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 497
Number of participants with account balances 2011-01-01 322
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2010: WHIDBEY ISLAND BANK 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 362
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 445
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 34
Total of all active and inactive participants 2010-01-01 479
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 479
Number of participants with account balances 2010-01-01 281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: WHIDBEY ISLAND BANK 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 346
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 306
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 51
Total of all active and inactive participants 2009-01-01 357
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 357
Number of participants with account balances 2009-01-01 230
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2014: WHIDBEY ISLAND BANK 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	521
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	0
Number of participants with account balances	2014-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: WHIDBEY ISLAND BANK 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	523
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	475
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	46
Total of all active and inactive participants	2013-01-01	521
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	521
Number of participants with account balances	2013-01-01	353
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: WHIDBEY ISLAND BANK 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	501
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	304
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	42
Total of all active and inactive participants	2012-01-01	346
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	346
Number of participants with account balances	2012-01-01	346
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: WHIDBEY ISLAND BANK 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	491
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	458
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	39
Total of all active and inactive participants	2011-01-01	497
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	497
Number of participants with account balances	2011-01-01	322
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2010: WHIDBEY ISLAND BANK 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	362
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	445
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	34
Total of all active and inactive participants	2010-01-01	479
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	479
Number of participants with account balances	2010-01-01	281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: WHIDBEY ISLAND BANK 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	346
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	306
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	51
Total of all active and inactive participants	2009-01-01	357
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	357
Number of participants with account balances	2009-01-01	230
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on WHIDBEY ISLAND BANK 401(K) PLAN

Measure	Date	Value
2014 : WHIDBEY ISLAND BANK 401(K) PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2014-06-26	$-632,350
Total unrealized appreciation/depreciation of assets	2014-06-26	$-632,350
Total transfer of assets from this plan	2014-06-26	$19,339,845
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-06-26	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-06-26	$0
Total income from all sources (including contributions)	2014-06-26	$1,382,208
Total loss/gain on sale of assets	2014-06-26	$574,172
Total of all expenses incurred	2014-06-26	$2,160,531
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-06-26	$2,120,817
Value of total corrective distributions	2014-06-26	$38,279
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-06-26	$687,033
Value of total assets at end of year	2014-06-26	$0
Value of total assets at beginning of year	2014-06-26	$20,118,168
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-06-26	$1,435
Total interest from all sources	2014-06-26	$37,402
Total dividends received (eg from common stock, registered investment company shares)	2014-06-26	$64,468
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-06-26	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-06-26	$33,200
Was this plan covered by a fidelity bond	2014-06-26	Yes
Value of fidelity bond cover	2014-06-26	$500,000
If this is an individual account plan, was there a blackout period	2014-06-26	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-06-26	$0
Were there any nonexempt tranactions with any party-in-interest	2014-06-26	No
Contributions received from participants	2014-06-26	$538,575
Participant contributions at end of year	2014-06-26	$0
Participant contributions at beginning of year	2014-06-26	$408,742
Income. Received or receivable in cash from other sources (including rollovers)	2014-06-26	$5,261
Other income not declared elsewhere	2014-06-26	$-19,765
Administrative expenses (other) incurred	2014-06-26	$1,435
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-06-26	No
Value of net income/loss	2014-06-26	$-778,323
Value of net assets at end of year (total assets less liabilities)	2014-06-26	$0
Value of net assets at beginning of year (total assets less liabilities)	2014-06-26	$20,118,168
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-06-26	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-06-26	No
Were any leases to which the plan was party in default or uncollectible	2014-06-26	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-06-26	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-06-26	$14,480,829
Interest on participant loans	2014-06-26	$8,492
Interest earned on other investments	2014-06-26	$28,910
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-06-26	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-06-26	$2,683,008
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-06-26	$671,248
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-06-26	No
Was there a failure to transmit to the plan any participant contributions	2014-06-26	No
Has the plan failed to provide any benefit when due under the plan	2014-06-26	No
Assets. Invements in employer securities at end of year	2014-06-26	$0
Assets. Invements in employer securities at beginning of year	2014-06-26	$2,545,589
Contributions received in cash from employer	2014-06-26	$143,197
Income. Dividends from common stock	2014-06-26	$31,268
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-06-26	$2,120,817
Did the plan have assets held for investment	2014-06-26	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-06-26	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-06-26	Yes
Aggregate proceeds on sale of assets	2014-06-26	$4,814,214
Aggregate carrying amount (costs) on sale of assets	2014-06-26	$4,240,042
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-06-26	Yes
Opinion of an independent qualified public accountant for this plan	2014-06-26	Disclaimer
Accountancy firm name	2014-06-26	MOSS ADAMS LLP
Accountancy firm EIN	2014-06-26	910189318
2013 : WHIDBEY ISLAND BANK 401(K) PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$501,937
Total unrealized appreciation/depreciation of assets	2013-12-31	$501,937
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$5,624,198
Total loss/gain on sale of assets	2013-12-31	$245,968
Total of all expenses incurred	2013-12-31	$1,475,435
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$1,448,767
Value of total corrective distributions	2013-12-31	$22,058
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,977,649
Value of total assets at end of year	2013-12-31	$20,118,168
Value of total assets at beginning of year	2013-12-31	$15,969,405
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$4,610
Total interest from all sources	2013-12-31	$60,821
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$213,540
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$111,076
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$1,399,638
Participant contributions at end of year	2013-12-31	$408,742
Participant contributions at beginning of year	2013-12-31	$400,252
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$165,468
Other income not declared elsewhere	2013-12-31	$432
Administrative expenses (other) incurred	2013-12-31	$4,610
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$4,148,763
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$20,118,168
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$15,969,405
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$14,480,829
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$10,890,869
Interest on participant loans	2013-12-31	$16,250
Interest earned on other investments	2013-12-31	$44,571
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$2,683,008
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$1,786,187
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$2,623,851
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Assets. Invements in employer securities at end of year	2013-12-31	$2,545,589
Assets. Invements in employer securities at beginning of year	2013-12-31	$2,892,097
Contributions received in cash from employer	2013-12-31	$412,543
Income. Dividends from common stock	2013-12-31	$102,464
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$1,448,767
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Aggregate proceeds on sale of assets	2013-12-31	$1,547,132
Aggregate carrying amount (costs) on sale of assets	2013-12-31	$1,301,164
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Unqualified
Accountancy firm name	2013-12-31	MOSS ADAMS LLP
Accountancy firm EIN	2013-12-31	910189318
2012 : WHIDBEY ISLAND BANK 401(K) PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$364,688
Total unrealized appreciation/depreciation of assets	2012-12-31	$364,688
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$3,836,337
Total loss/gain on sale of assets	2012-12-31	$25,439
Total of all expenses incurred	2012-12-31	$1,317,167
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$1,299,302
Value of total corrective distributions	2012-12-31	$16,037
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,923,831
Value of total assets at end of year	2012-12-31	$15,969,405
Value of total assets at beginning of year	2012-12-31	$13,450,235
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$1,828
Total interest from all sources	2012-12-31	$61,561
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$224,385
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$115,142
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$1,390,656
Participant contributions at end of year	2012-12-31	$400,252
Participant contributions at beginning of year	2012-12-31	$466,268
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$118,204
Administrative expenses (other) incurred	2012-12-31	$1,828
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$2,519,170
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$15,969,405
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$13,450,235
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$10,890,869
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$8,669,783
Interest on participant loans	2012-12-31	$18,975
Interest earned on other investments	2012-12-31	$42,586
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$1,786,187
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$1,612,523
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$1,236,433
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Assets. Invements in employer securities at end of year	2012-12-31	$2,892,097
Assets. Invements in employer securities at beginning of year	2012-12-31	$2,701,661
Contributions received in cash from employer	2012-12-31	$414,971
Income. Dividends from common stock	2012-12-31	$109,243
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$1,299,302
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Aggregate proceeds on sale of assets	2012-12-31	$565,139
Aggregate carrying amount (costs) on sale of assets	2012-12-31	$539,700
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	No
Opinion of an independent qualified public accountant for this plan	2012-12-31	Unqualified
Accountancy firm name	2012-12-31	MOSS ADAMS LLP
Accountancy firm EIN	2012-12-31	910189318
2011 : WHIDBEY ISLAND BANK 401(K) PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-395,664
Total unrealized appreciation/depreciation of assets	2011-12-31	$-395,664
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$1,241,210
Total loss/gain on sale of assets	2011-12-31	$-2,828
Total of all expenses incurred	2011-12-31	$979,533
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$962,978
Value of total corrective distributions	2011-12-31	$12,680
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,916,605
Value of total assets at end of year	2011-12-31	$13,450,235
Value of total assets at beginning of year	2011-12-31	$13,188,558
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$3,875
Total interest from all sources	2011-12-31	$59,678
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$145,512
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$100,486
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$1,268,742
Participant contributions at end of year	2011-12-31	$466,268
Participant contributions at beginning of year	2011-12-31	$319,759
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$294,069
Other income not declared elsewhere	2011-12-31	$-1
Administrative expenses (other) incurred	2011-12-31	$3,875
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$261,677
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$13,450,235
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$13,188,558
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$8,669,783
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$8,297,083
Interest on participant loans	2011-12-31	$18,034
Interest earned on other investments	2011-12-31	$41,644
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$1,612,523
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$1,290,866
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-482,092
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Assets. Invements in employer securities at end of year	2011-12-31	$2,701,661
Assets. Invements in employer securities at beginning of year	2011-12-31	$3,280,850
Contributions received in cash from employer	2011-12-31	$353,794
Income. Dividends from common stock	2011-12-31	$45,026
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$962,978
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$490,050
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$492,878
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	No
Opinion of an independent qualified public accountant for this plan	2011-12-31	Unqualified
Accountancy firm name	2011-12-31	MOSS ADAMS LLP
Accountancy firm EIN	2011-12-31	910189318
2010 : WHIDBEY ISLAND BANK 401(K) PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$438,465
Total unrealized appreciation/depreciation of assets	2010-12-31	$438,465
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$3,554,850
Total loss/gain on sale of assets	2010-12-31	$-27,798
Total of all expenses incurred	2010-12-31	$881,085
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$878,582
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,962,154
Value of total assets at end of year	2010-12-31	$13,188,558
Value of total assets at beginning of year	2010-12-31	$10,514,793
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$2,503
Total interest from all sources	2010-12-31	$53,281
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$106,158
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$74,453
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$1,050,493
Participant contributions at end of year	2010-12-31	$319,759
Participant contributions at beginning of year	2010-12-31	$216,504
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$638,799
Administrative expenses (other) incurred	2010-12-31	$2,503
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$2,673,765
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$13,188,558
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$10,514,793
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$8,297,083
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$6,306,758
Interest on participant loans	2010-12-31	$14,354
Interest earned on other investments	2010-12-31	$38,927
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$1,290,866
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$1,117,224
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,022,590
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Assets. Invements in employer securities at end of year	2010-12-31	$3,280,850
Assets. Invements in employer securities at beginning of year	2010-12-31	$2,874,307
Contributions received in cash from employer	2010-12-31	$272,862
Income. Dividends from common stock	2010-12-31	$31,705
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$878,582
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$312,647
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$340,445
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	MOSS ADAMS LLP
Accountancy firm EIN	2010-12-31	910189318
2009 : WHIDBEY ISLAND BANK 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for WHIDBEY ISLAND BANK 401(K) PLAN

2014: WHIDBEY ISLAND BANK 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	Yes
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: WHIDBEY ISLAND BANK 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: WHIDBEY ISLAND BANK 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: WHIDBEY ISLAND BANK 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: WHIDBEY ISLAND BANK 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: WHIDBEY ISLAND BANK 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	WHIDBEY ISLAND BANK
Employer identification number (EIN):	910726237
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Washington Secretary of State Corporations Division
Incorporation Date:	1960-11-30
Company Identification Number:	151000341