# FIRST FINANCIAL NW BANK
RENTON, WA · FDIC certificate 29058 · asset band $1-10B · latest filing 2025-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (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 | $1.44B | |
| Deposits | $1.17B | |
| Loans and leases | $1.16B | |
| Total equity | $155.7M | |
| Loans / deposits | 97.67% (p83 of band) | 85.96% |
| Liquid assets / assets | 14.95% (p21 of band) | |
| Uninsured deposits / deposits | 21.53% (p23 of band) | 29.94% |
| Brokered deposits | 4.35% | |
| Wholesale funding | 11.29% (p66 of band) | |
| FHLB advances / assets | 6.95% | |
| Tier 1 leverage | 11.11% (p67 of band) | 10.21% |
| Unrealized securities loss / equity | -7.59% (p65 of band) | -11.76% |
| AOCI / equity | -0.09% (p5 of band) | |
| ROA (annualized) | 0.05% (p6 of band) | 1.01% |
| Net interest margin | 2.55% (p13 of band) | 3.38% |
| Efficiency ratio | 95.87% (p97 of band) | |
| Noncurrent loans | 0.03% (p10 of band) | 0.43% |
| Net charge-offs (annualized) | 0.02% (p59 of band) | |
| Reserve coverage of noncurrent | 3846.84% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 49.18% (p48 of band) | |
| Auto loans | $54.3M (4.69% of loans; DQ 0.41%, NCO 0.03%) | |
| Loans to nondepository financials | $7.4M (5% of equity) (p86 of band) | |
| Deposits YoY | -1.1% | |
| Employees | 132 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## 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 | 5 | charge-offs p90, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-06 | 4 |  | charge-offs p90 |
| 2012-09 | 4 |  |  |
| 2012-12 | 4 |  |  |
| 2013-03 | 3 |  | uninsured deposits leaving |
| 2013-06 | 5 | loans exceed deposits, uninsured deposits leaving |  |
| 2013-09 | 3 |  | reserve under noncurrent, uninsured deposits leaving |
| 2013-12 | 2 |  | assets shrinking |
| 2014-03 | 2 |  |  |
| 2014-06 | 3 | wholesale funding >15% |  |
| 2014-09 | 4 | uninsured deposits leaving |  |
| 2014-12 | 1 |  | deposits shrinking, loans exceed deposits, uninsured deposits leaving |
| 2015-03 | 2 | capital falling |  |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 2 | loans exceed deposits |  |
| 2016-09 | 3 | construction >100% equity |  |
| 2016-12 | 5 | capital falling, uninsured deposits leaving |  |
| 2017-03 | 3 |  | capital falling, uninsured deposits leaving |
| 2017-06 | 3 |  |  |
| 2017-09 | 4 | capital falling |  |
| 2017-12 | 4 |  |  |
| 2018-03 | 2 |  | construction >100% equity, capital falling |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | capital falling |  |
| 2019-06 | 3 | brokered >10% | capital falling |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | brokered >10% |
| 2020-03 | 1 |  | wholesale funding >15% |
| 2020-06 | 1 | capital falling | loans exceed deposits |
| 2020-09 | 1 | loans exceed deposits | capital falling |
| 2020-12 | 0 |  | loans exceed deposits |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 2 | wholesale funding >15%, capital falling |  |
| 2023-03 | 4 | brokered >10%, uninsured deposits leaving |  |
| 2023-06 | 4 |  |  |
| 2023-09 | 3 |  | capital falling |
| 2023-12 | 2 |  | brokered >10% |
| 2024-03 | 4 | losing money, expense ratio p90, deposits shrinking, assets shrinking | wholesale funding >15%, uninsured deposits leaving |
| 2024-06 | 5 | loans exceed deposits, wholesale funding >15% | losing money |
| 2024-09 | 1 |  | deposits shrinking, assets shrinking, loans exceed deposits, wholesale funding >15% |
| 2024-12 | 3 | deposits shrinking, assets shrinking |  |
| 2025-03 | 1 |  | deposits shrinking, assets shrinking |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29058 (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/2.json (key "29058", 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