# STATE BANK NORTHWEST
SPOKANE VALLEY, WA · FDIC certificate 2945 · asset band <$300M · latest filing 2026-03 · stopped filing (departed)

**Verdict on the desk:** this could be *fortress*. 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 | $223.0M | |
| Deposits | $185.4M | |
| Loans and leases | $159.3M | |
| Total equity | $31.8M | |
| Loans / deposits | 85.15% (p74 of band) | 72.28% |
| Liquid assets / assets | 23.72% (p27 of band) | |
| Uninsured deposits / deposits | 30.76% (p83 of band) | 19.31% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p24 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 14.16% (p73 of band) | 11.62% |
| Unrealized securities loss / equity | -0.19% (p85 of band) | -7.15% |
| AOCI / equity | -0.12% (p66 of band) | |
| ROA (annualized) | 2.40% (p93 of band) | 1.12% |
| Net interest margin | 5.60% (p97 of band) | 3.86% |
| Efficiency ratio | 59.59% (p32 of band) | |
| Noncurrent loans | 0.05% (p30 of band) | 0.34% |
| Net charge-offs (annualized) | 0.00% (p44 of band) | |
| Reserve coverage of noncurrent | 1853.25% | |
| Real estate % of loans | 70% | |
| Construction % of loans | 27.19% (p61 of band) | |
| Auto loans | $55,000 (0.03% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -5.0% | |
| Employees | 39 | |

## 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 | 4 | charge-offs p90, deposits shrinking, assets shrinking, uninsured deposits leaving | reserve under noncurrent |
| 2012-06 | 2 |  | deposits shrinking, assets shrinking |
| 2012-09 | 4 | deposits shrinking, assets shrinking |  |
| 2012-12 | 2 | capital falling, reserve under noncurrent | charge-offs p90, uninsured deposits leaving, deposits shrinking, assets shrinking |
| 2013-03 | 1 |  | capital falling |
| 2013-06 | 3 | deposits shrinking, assets shrinking |  |
| 2013-09 | 0 |  | reserve under noncurrent, deposits shrinking, assets shrinking |
| 2013-12 | 1 | capital falling |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 | loans exceed deposits | capital falling |
| 2014-09 | 0 |  | loans exceed deposits |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 | reserve under noncurrent | capital falling |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | brokered >10% |  |
| 2016-12 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving | brokered >10% |
| 2017-03 | 2 | construction >100% equity | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2017-06 | 2 |  |  |
| 2017-09 | 4 | deposits shrinking, assets shrinking |  |
| 2017-12 | 2 |  | deposits shrinking, assets shrinking |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | construction >100% equity |
| 2019-09 | 2 | construction >100% equity, uninsured deposits leaving | reserve under noncurrent |
| 2019-12 | 1 |  | uninsured deposits leaving |
| 2020-03 | 0 |  | construction >100% equity |
| 2020-06 | 2 | capital falling, construction >100% equity |  |
| 2020-09 | 1 |  | capital falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 2 | capital falling |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | construction >100% equity |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 0 |  |  |
| 2022-12 | 2 | deposits shrinking, assets shrinking |  |
| 2023-03 | 3 | uninsured deposits leaving |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 1 |  | deposits shrinking, assets shrinking |
| 2023-12 | 0 |  | uninsured deposits leaving |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2025-08-14 [State Bank Northwest bucks consolidation trends - Spokane Journal of Business](https://news.google.com/rss/articles/CBMidEFVX3lxTE40OTVhRVpuVHNsWjB0YlRpdnJIRklTV3dORmptWXJqd1NPSW83S3lLWFc3WGh0Wkl5SVIzbXVYb25zNm5tTHNWUWI2YnBjdVpBLXNsMzIyMDhhblpCT0pIRmxGUl91Q3NYc0lOQlZwRzJSM19I?oc=5) · Spokane Journal of Business
- 2024-03-28 [Meet & Greet: Tim Cassels, Chief Financial Officer, State Bank Northwest - Spokane Journal of Business](https://news.google.com/rss/articles/CBMivgFBVV95cUxNb2FuMUNfS3QxbFdpNURMaG1hMFBuVzQzMkZGUzY3VGI1bjRkUkR0enVEeHphMEJGVklTMUZlTHRCcUhxLXNkWTFMOGdNeEw1UWE1SERycXJfTE5rVS1aYlV0bXZDREtTeVNlTHFERFFQbDltaDNOZXJqNFFwTmJPMy01aFBPLXh4cDRNZ3NPelhON19qZ0JXTUJVR19YNWc3RWVWdFFSUGhCaXRyblJGUlpNemMxbklCRWRkMDJ3?oc=5) · Spokane Journal of Business
- 2025-12-25 [Washington - Newsweek Rankings](https://news.google.com/rss/articles/CBMikgFBVV95cUxPOHdtODhCYTFpVGNBalVIN05VcWIyd0JwM29HdHlEVDBjVXZuTXMwRTA1SXJGZUo3N3R4Y1dKUUNPenhPRHdMZzhTQjZBYmtpdGlLcnZET3ZWaDNEUmZMek9ublRCOWIzZlI0WUZxbzd4bDcxMmhWSnpTLUZoS1N4RXBDYm4tNEVpWG0xUDZsSlhJUQ?oc=5) · Newsweek Rankings
- 2023-08-07 [Farmington State Bank, the tiny Eastern Washington bank tied to FTX collapse, will close - The Spokesman-Review](https://news.google.com/rss/articles/CBMingFBVV95cUxNVGZMMGJUbzMxQXcwVno2VlN0WW5KaDQ0WXQ2clJDSV9PNDNFSlhKeXlKLW4tVzJWdWhuTUFVa3V4RmRnay1WQkVCYnlJSnEyU2ZVcXVkM3Z3SGhoQmg4ZEc5UlM4cTBPQVBQR2ZSQWF4ckkxaFJ6YTY0WEJiamN5MWk1YU0wNG9jVXd0Z0ZVSUVreXMtY2wxbWkwRFp4dw?oc=5) · The Spokesman-Review
- 2021-10-13 [Lori Knoles Obituary (2011) - Spokane, WA - Spokesman-Review - Legacy obituary](https://news.google.com/rss/articles/CBMijAFBVV95cUxPYUtkMDNhb1VkOHFFVnBCYkZjVXBNUEVwLS1vd1dZcFpyeURYZ1RTTkNjdU5BYW5uSDNram1XMUpQY210Mm1KMVRHX2ZaclFfT3NJUk4wVWNsamp5V09fRnI1OVV2OFBwQXB0dmNmdG0wYmh1YlRya3p0ZDF5M1BndDZIaWdKa2ZrejNlcA?oc=5) · Legacy obituary
- 2026-01-07 [Bye-bye, penny: How Eastern Washington businesses are navigating the end of the currency's production - The Spokesman-Review](https://news.google.com/rss/articles/CBMingFBVV95cUxOQkVvNkpDSDM3RllJT1lFRTRLRVdFS0ZfOWpOVjhlbTRLeHl2MEE2YXRucGkxUmlfY3o2T3FFWElFSEp4RmpxQ1oxM0ZZWVFvTmc3WVh0YkRRTER5MGVEMDcxa1lxVll0dHNyaE0zQ3k5WWNwZ1d6RmZPaWRIMEdIRjg5LVROU3dFY2tGME1IUTR0T3BrYUI5WGpXR2VzZw?oc=5) · The Spokesman-Review
- 2018-02-01 [Coming off banner year, State Bank projects growth - Spokane Journal of Business](https://news.google.com/rss/articles/CBMimgFBVV95cUxPQjE4eXpWUWQtc2lnLUFnTnNYMDkzNHFZaE1KdExBQmhwaUt4RXZEOGZ1bDRqaHY3T2VRcEFfY1ZlNnZJY3FXX0l5YTlUaTBVZ3FSNkNoNnExVWlVNXdhb2tHcHdqSEh1QjBSQzhZdk80c3gwNXlTd1NyWTNuQTNHczFOMGVMM2pUOWNRVGktcWdvWUt6eGZFUU1B?oc=5) · Spokane Journal of Business
- 2024-11-07 [Credit unions acquire community banks at record pace - Spokane Journal of Business](https://news.google.com/rss/articles/CBMijgFBVV95cUxQeGlGdGRZTTdIVkpDclgzM2EwTlh0eWJndXRjZEtTVUhEQ0kwQUxqbHFxeWFTQk10VjF3ckxWS0VnaU9fQmREQXdNODFNcHpQcWJWSjlNb3NWcVctSjU5SnFMX3MtU0F3Q2RBVERTaEZVWU5wZDFnQkZ2bzFqbUUwYWNfa04xS2piOS02dmhn?oc=5) · Spokane Journal of Business

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2945 (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 "2945", 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