# CASCADE BANK
EVERETT, WA · FDIC certificate 28823 · asset band $1-10B · latest filing 2011-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (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 | $1.46B | |
| Deposits | $1.07B | |
| Loans and leases | $976.5M | |
| Total equity | $78.4M | |
| Loans / deposits | 88.81% (p75 of band) | 79.40% |
| Liquid assets / assets | 27.28% (p47 of band) | |
| Uninsured deposits / deposits | 4.72% (p12 of band) | 17.70% |
| Brokered deposits | 4.59% | |
| Wholesale funding | 25.44% (p87 of band) | |
| FHLB advances / assets | 10.91% | |
| Tier 1 leverage | 5.61% (p5 of band) | 9.08% |
| Unrealized securities loss / equity | -13.98% (p3 of band) | 1.08% |
| AOCI / equity | -0.83% (p7 of band) | |
| ROA (annualized) | -0.62% (p7 of band) | 0.68% |
| Net interest margin | 2.77% (p14 of band) | 3.63% |
| Efficiency ratio | 94.43% (p94 of band) | |
| Noncurrent loans | 3.64% (p63 of band) | 2.65% |
| Net charge-offs (annualized) | 0.78% (p72 of band) | |
| Reserve coverage of noncurrent | 72.60% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 109.51% (p90 of band) | |
| Auto loans | $187,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p41 of band) | |
| Deposits YoY | – | |
| Employees | 203 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **leverage <7%** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | wholesale funding >15%, leverage <7%, losing money, expense ratio p90, reserve under noncurrent, construction >100% equity |  |

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

- 2018-02-09 [‘Generous, kind, creative’: Banker Frank McCord dies at 87 - heraldnet.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxPaEhUNjVPV0JybDNyNDIzY0I3YWtuLUNsdk9KT1NjQnhaVHJqRVlPMy10OHZUdmZlQmJOSnJYWjBKYnhUU2xxb2JNTUROakF4ZkdFb0d2clh1aG54dUdHb3dPMWFyNkZvaVR3YnZEdmFZX2ZOQWJkS1VRNVJOTnpaZUxOZHFXMU92dUE?oc=5) · heraldnet.com
- 2015-08-31 [Carol K. Nelson Appointed to Seattle Branch Federal Reserve Board - Federal Reserve Bank of San Francisco](https://news.google.com/rss/articles/CBMi1gFBVV95cUxNVnN4TGVPY1VLMGI3UWJrZ05xa3NmeVF2MU9aWHVKQ3JxTFdtd09FLUhxSVhtRG4zdVI1VnBxS09EczVVc2JnNlo2LWVvSkNfWjBMeFRNdERnTi02dnduMWxrYVNUVTlhMEROM0Y4NERMYXVjSnlxXzhkSGVtRUdqdkFVRGtVZHNxOXhHakNscFBhNkZGTGZtdlRVazJvUGtCYVVsVF8tYWdzX1FZcXBrR0lvdlFCaTRUdnZPRmRhN1NmNnFid2ZaNEFYcVZSTU0yM1c5U2J3?oc=5) · Federal Reserve Bank of San Francisco
- 2024-06-26 [First Fed Welcomes Charlie Guildner as New Director of Commercial Banking - WhatcomTalk](https://news.google.com/rss/articles/CBMiswFBVV95cUxOekh2bExKM21KaWFUMTZ0OUdaVGkxOG9ZV3R1Y21xZjlTdjlSbl9zT1RYYkItLVlPWTk4dnJaQU5NNVdELVRuX2t0T3R2dU5IRVFmdm9hOFJXd3p5NzdCdDZVUGZHdUFDbWYxOFo5emt5Z01JWEFnRktXenV6Y2NuMlU1MnpVYThPQy1pRjN5T1FVaHRnOVVPVWVLS0ZjOG1KcGU5emdWZUdCMG40WUJUSTBmaw?oc=5) · WhatcomTalk
- 2016-06-17 [Kelli Nielsen Named New Senior Vice President - Retail Sales at 1st Security Bank - Newswire.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxQdjZlc2p0N2FYOWJ1N0g2TFh6aUJKVks0VWZtZUhQQzh0SWpET25CcV8tc1EyWEhNU2lKRnJKb2ZnY3BEZWJGZ2RDZnRZaU54R1pXZ1pMSEdHZm9faVdYRGNXcmtic0pfblpDTnZYM3FJR3hJamlTOXIydmFYbHhqa0FkTzNpTXJ6V3d4WEg5dy00QjdBa09VLVMwbnYxS2VzbWM3MzBVSQ?oc=5) · Newswire.com
- 2011-04-17 [Buying into Washington banking: Consolidation wave looms - The Seattle Times](https://news.google.com/rss/articles/CBMimgFBVV95cUxOLVppakNHcC1YdExZRC1feWtDU0xBeEJpNDhWc3piak9oOHBic28xTkZWVXNUNEV5eEEyN0xPem9sUFRhY1cyOXJEdDFucjc4NlJrS1c3SFV5TGdyOXdFbWJxX2NyWVlhcEJXY3kxOU43ME53a0NDNWtnM2I2SzV1SE1La3ozaTlzdXpXZEdKNFcwM0pPUEtidDJB?oc=5) · The Seattle Times
- 2026-03-03 [Thomas Rainville Obituary - Minden, NV - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxOMVBTdUpIRml6UE4tbGJKRlBwMzJGWUdHXzhIb3JZUUNJaVFoaXNwbV9KZ3c1c0lMT2U3VVNvdnZKbXp2QW50OTdYZHl3cmczYjdBRW9qMXFTbFd4Y1RtelN1U0RsYjU3OFlvWFpiVEwzR3ZLNXdEZ0ZPTXBDQVJhRG9ZamI?oc=5) · Dignity Memorial
- 2021-10-06 [Frank McCord Obituary (1930 - 2018) - Everett, WA - The Seattle Times - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxNVGJteDZPYTRlbXJwXy04QWZXcGZhbjk2UmVOcGIwYW9iMzhmc25iSE1lYjRmWDEzTXZvbGxlVXJyT0UzRllMMlhxZS1qRE1zNk05Rm80a0xtOXB6RTliekVWd1p2ZW1TZjBXenhUMzA4ZHB5dzJueEtUSHFiU0o5SlBLU3Y4OVZLYlVHRjd5VU9Xdw?oc=5) · legacy.com
- 2026-02-18 [Tiffany Suzanne DeLeon Obituary (2026) - Chelan, WA - Precht Rose Chapel - Chelan - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxOSFZ5eGZaWTNVejhVVkE1ZUpZaUtJam5qRzNsMmlzdW95QmdCa3FtczNuTVVmNjQ4OVI3djFfZm5BLUFRWUJuVng0azM2TDRzbkxZTzdHX29jWG1wRmhocmpuWm9obVpZVHJzVWhtazNVNktVR01lUnhFc1g5aUpacDZtZw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28823 (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/23.json (key "28823", 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