# BANK OF THE PACIFIC
ABERDEEN, WA · FDIC certificate 23041 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.26B | |
| Deposits | $1.11B | |
| Loans and leases | $769.9M | |
| Total equity | $138.9M | |
| Loans / deposits | 68.36% (p15 of band) | 87.10% |
| Liquid assets / assets | 33.97% (p83 of band) | |
| Uninsured deposits / deposits | 44.54% (p82 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p6 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.99% (p60 of band) | 10.50% |
| Unrealized securities loss / equity | -12.44% (p34 of band) | -7.75% |
| AOCI / equity | -2.14% (p4 of band) | |
| ROA (annualized) | 1.09% (p36 of band) | 1.26% |
| Net interest margin | 4.15% (p76 of band) | 3.70% |
| Efficiency ratio | 70.04% (p79 of band) | |
| Noncurrent loans | 0.04% (p8 of band) | 0.51% |
| Net charge-offs (annualized) | 0.01% (p39 of band) | |
| Reserve coverage of noncurrent | 3149.82% | |
| Real estate % of loans | 80% | |
| Construction % of loans | 20.62% (p18 of band) | |
| Auto loans | $42.4M (5.51% of loans; DQ 0.44%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 4.0% | |
| Employees | 199 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 0 |  | reserve under noncurrent |
| 2012-09 | 2 | reserve under noncurrent, uninsured deposits leaving |  |
| 2012-12 | 1 |  | uninsured deposits leaving |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 | capital falling | reserve under noncurrent |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 2 | capital falling, reserve under noncurrent |  |
| 2015-03 | 0 |  | capital falling, reserve under noncurrent |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | capital falling |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | capital falling |  |
| 2018-03 | 0 |  | capital falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | capital falling |  |
| 2019-03 | 0 |  | capital falling |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 2 | capital falling, expense ratio p90 |  |
| 2021-12 | 1 |  | capital falling |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 0 |  | expense ratio p90 |
| 2023-03 | 2 | deposits shrinking, assets shrinking |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 3 | uninsured deposits leaving |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 2 |  | uninsured deposits leaving |
| 2024-06 | 2 |  |  |
| 2024-09 | 0 |  | deposits shrinking, assets shrinking |
| 2024-12 | 1 | capital falling |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 0 |  | capital falling |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | capital falling |  |
| 2026-06 | 0 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-05-01 [Washington bank Banner to buy Pacific Financial for $177M - Banking Dive](https://news.google.com/rss/articles/CBMingFBVV95cUxNc3lqdE52VmlTQl94NTNQSXppV0luVUh0aHduN0JncWFkakJiOHVQckJidWlsUFQzSFFFQXJYemRtZUUyQVNKZlRpVjd1X2ZFTFR0clFCR3c1cDFqNGxkNFpNaUF3U3RoNEwwQlhlOFYxYTN6ZVdLWUJWei03LVNMMGlGVUJDVGluN3lfc0NSZWNneXN4TTBvVFZYUGROQQ?oc=5) · Banking Dive
- 2026-09-01 [Banner Corporation completes acquisition of Pacific Financial Corporation - The Daily World](https://news.google.com/rss/articles/CBMitgFBVV95cUxQUXkxWWh6ZnlrVTZSMDdGV25JUEc2U3FMOFhna3AwTU5BcVlHREdNSmtkVlhmbVFPN0dRdzFIVU54LXFDM0NCcWJ5cmFmVkRjZzUtVjdZRjRFcFZkU3Utd0djeXJ3MDF0NjFnVjBsNGlZTFRzUzVqR2RFeWU0dmh4R0xDenFETTQyTFZaQ19nQ3hrNnAxdmRsVXFBX1AzSDc3dTNUVjhNYURTSEY4Ti04SGtQMDJlQQ?oc=5) · The Daily World
- 2026-08-17 [Banner Corporation and Pacific Financial Corporation Set Closing Date for Merger - Business Wire](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPendnakh2YmJtN2FZQmhEeU9YTU90STY3MmRZY3RyLTZ3Y0dkdm9OYlluSEpCR1Zud0tqV0c3ZElyaXJkeTNEMWYwa0RVU284elNRV29NdVl5VXZpMnJxa2R1ZHdjWXV3SEQ0cTk1TmkxOUFEYXBsaHcta01UYTBDd3Y0TFRmdl9qbjZPbUt3WDhiaTFCeHg0QXM4ZEdtUDBkVUtFS29TU0VsOE4ydTNQb2psNFlGVFRwOENwTW5wVVRSazNrbnZiMTA2VnVjZWNWdThF?oc=5) · Business Wire
- 2026-05-01 [Banner to buy Pacific Financial, boosting presence in Northwest - American Banker](https://news.google.com/rss/articles/CBMinwFBVV95cUxNVW14ZVN4Vm1QTl82S2k0ODFORXVsM25tLVVTYlBBX3VuWjBNZEZ5dG83RW52clZpWnhGVTBSUzBuYUN3c0N0bWF5MTRxX0Y5UG5GMEJ0czVLMnlnUmNPZkVZUEZ1ejBzNFZab2NRcXd0UzRrMjZ4LVJmNms1cm1FbHpWZllkaldVN3U5QUZlSkhXRHlPLXl5OXZMbmxhWEk?oc=5) · American Banker
- 2026-05-05 [Banner Bank parent acquires WA commercial bank - Tri-Cities Area Journal of Business](https://news.google.com/rss/articles/CBMimAFBVV95cUxQRmY0SkhJMjNlSlRQQWktTndpSDZ4UkxZbnZ6MzI3NVpnQmdUNmlqTllfOHFrZVpHOGJvOFhXUUFNWnRmaDdxaURreVkzTnJRQ2YyTTRucEZYN3NYb3cxeDdMR3liSWZhbUZmNVROX1N5X3JvOXRXUWx5bk41LWlGRG1OSVV6YnhfMmJFak9kNEJFSzFHVmxfdQ?oc=5) · Tri-Cities Area Journal of Business
- 2026-07-29 [Bank of the Pacific Review - SmartAsset](https://news.google.com/rss/articles/CBMigwFBVV95cUxPWFVmQkp2ek1obEtqNnlheDg1R1ROZUVNN3RCZEszRkpPU0FXM1l1RW1QbUpmUEtGN1ZjeFZFT0ZqeG03a3dDbk9XUEExeXdqNlB6R0lqN2Q3Y3RhMXhLcUZQakRGRDNfVnF1dDRsbk9EQU1lY2FGR2MzMHVQSkpSUV9qbw?oc=5) · SmartAsset
- 2026-05-01 [Banner To Acquire Pacific Financial Corporation In $177 Million All-Stock Transaction - Pulse 2.0](https://news.google.com/rss/articles/CBMipwFBVV95cUxObHF2amZuSDBwdHp2VUZ1YVRwMTY1MWZMSzlvY0l5cXE3NTBqeHlHZmdjZ2NEeHlxY1ZETDM0VUVfbHg4N214LXg1Zmp0M0xObTRyWmhaM0kxWFh4M0FuMnRoOFIxNVdBdjVndVdMUFhNMkhqaHc1TzVPdUxwQzEtTnNoSERzaFdnOXRDanplU2RHUmQyOXZJeWtGR05jVUVUTk41U1Rna9IBrAFBVV95cUxPQlNPcjJ4OUM0aFd1dzFJMXV3ZHh2bWFZTlkwTFg4N3kwcDdyVWlpWDZHLXo3c3doZTdHMkpXQ3hTS01tSzIyZk9MbTlXbGpxVXIxVVRYTU5Ga1pvUEEwVFRDMW1Bc0V0R2FURGVMYW5KbGxtMUFvSnQyNXBteWJTVTVrbmY5eGJLcHREMjM4QXdZd3NOWW5WQ2NLM3U0WHRFTHZ0b0ZremRCRGhO?oc=5) · Pulse 2.0
- 2026-05-01 [Banner to Acquire Pacific Financial in $177 Million All-Stock Deal - citybiz](https://news.google.com/rss/articles/CBMipwFBVV95cUxQWWtTWGxTUGw2b0NuV1JMY0pUNHpBV04wYWZxcHBZSXAyVVhwYzhEQ21PaWgwQ2lNZGR6MFJxOHVtblduM090UnpYbHU3b0g2UzhnQXpJZUN1dnJOSENjUm03ODE0SGgtUEtHdkc5VVpkdU5wNnQyaGFhandJSmVCM0xBeFpSZTh6RmNSQkdNNWVUWU1ndVR0SVVjUnlOc2RHZ05lWTNvWQ?oc=5) · citybiz

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=23041 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/1.json (key "23041", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide