# WASHINGTON FINANCIAL BANK
WASHINGTON, PA · FDIC certificate 29520 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $1.21B | |
| Loans and leases | $1.07B | |
| Total equity | $208.5M | |
| Loans / deposits | 87.16% (p50 of band) | 87.10% |
| Liquid assets / assets | 20.80% (p48 of band) | |
| Uninsured deposits / deposits | 34.76% (p61 of band) | 30.76% |
| Brokered deposits | 9.08% | |
| Wholesale funding | 9.29% (p62 of band) | |
| FHLB advances / assets | 0.21% | |
| Tier 1 leverage | 14.75% (p92 of band) | 10.50% |
| Unrealized securities loss / equity | -6.22% (p57 of band) | -7.75% |
| AOCI / equity | 0.21% (p87 of band) | |
| ROA (annualized) | 1.15% (p42 of band) | 1.26% |
| Net interest margin | 3.63% (p45 of band) | 3.70% |
| Efficiency ratio | 60.29% (p54 of band) | |
| Noncurrent loans | 0.46% (p45 of band) | 0.51% |
| Net charge-offs (annualized) | 0.42% (p94 of band) | |
| Reserve coverage of noncurrent | 198.12% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 52.00% (p55 of band) | |
| Auto loans | $637,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | -5.2% | |
| Employees | 155 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | brokered >10% |  |
| 2014-12 | 2 | capital falling |  |
| 2015-03 | 1 |  | capital falling |
| 2015-06 | 1 |  |  |
| 2015-09 | 2 | wholesale funding >15% |  |
| 2015-12 | 3 | deposits shrinking |  |
| 2016-03 | 4 | uninsured deposits leaving |  |
| 2016-06 | 3 |  | deposits shrinking |
| 2016-09 | 2 |  | brokered >10% |
| 2016-12 | 2 |  |  |
| 2017-03 | 0 |  | wholesale funding >15%, uninsured deposits leaving |
| 2017-06 | 1 | wholesale funding >15% |  |
| 2017-09 | 0 |  | wholesale funding >15% |
| 2017-12 | 1 | capital falling |  |
| 2018-03 | 0 |  | capital falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | capital falling |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 0 |  | capital falling |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 1 | capital falling |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-12 | 3 | capital falling |  |
| 2023-03 | 0 |  | AOCI drag >20% of equity, securities losses >30% of equity, capital falling |
| 2023-06 | 1 | securities losses >30% of equity |  |
| 2023-09 | 2 | deposits shrinking |  |
| 2023-12 | 1 |  | securities losses >30% of equity |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 2 | NIM <2.5% |  |
| 2024-12 | 2 | brokered >10%, assets shrinking | deposits shrinking, NIM <2.5% |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 1 |  | assets shrinking |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 2 | charge-offs p90, deposits shrinking | brokered >10% |

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

- 2023-06-09 [Washington Financial hires new COO from KeyBank - The Business Journals](https://news.google.com/rss/articles/CBMilAFBVV95cUxOMHpOcjdZSnVRVDBCUnRNOXFBaWx3ZHFUMThJaW80VEJIMV8xUEpQUkFyY1dBVTlnTUZkUjBBUGpCVUcyMzhlTXRFR0JDRXc1eVZNcFBZWVhjVFhGelJlVmxKeVdJYkNOaDVMZWk5SGk4ek1KN2EzaGZRZ0RPUVpJWmgwNHJoekNBdTBQd3J1bng2ODcx?oc=5) · The Business Journals
- 2023-01-28 [Washington Financial’s new CEO embraces ‘last place I’ll work’ - Observer-Reporter](https://news.google.com/rss/articles/CBMitAFBVV95cUxOZkFIQ1hjWHlDRFF4UGJfeU1ITTRxQzU3R0ZXUERmWmQ3d29vWWU1Qzl4cUxDYXVadXJWaDhoZkRwOW9SMjlmMlpIWXoxaS1oVUtNSGUtalIzWENzSTFqRWthaXhCQk9oVjl6QnN4bVVTZnFIYXpBT2VNbXdudFk2YUFjU0E2Yzh2Mld2aVYzMUl1S2RSMFJ5R1lUbmlHZFZfMnBCMk02Vmp0UnhQS1hwMkVGX1o?oc=5) · Observer-Reporter
- 2024-06-03 [Bank robbed in Washington, police searching for suspect - WPXI](https://news.google.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?oc=5) · WPXI
- 2021-02-22 [Washington Financial Bank (PA) Review | Review, Fees, Offerings - SmartAsset](https://news.google.com/rss/articles/CBMijwFBVV95cUxPdFQ2TXJnVllCVTMyQXVDRDJUMHJ3aUo5clk1ZVp0VDJkNXBwT3I0MkJ6UVU1OWhmenBfLThqN0xIT2F1a09Eb1V6VmI4V1BNS25kMklPalNoYUZJcnFCTVpjaWhRVFA5VmdZN1NXRjEzWnUtN3dfaXM4dG1UNGFWNG5YSHRLRDVDY2FPYmJZNA?oc=5) · SmartAsset
- 2024-06-14 [Man charged in North Strabane bank robbery now facing charges for another bank robbery - CBS News](https://news.google.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?oc=5) · CBS News
- 2023-03-24 [Washington Financial to soon celebrate 125 years of community banking - Observer-Reporter](https://news.google.com/rss/articles/CBMixwFBVV95cUxPQ0JnXzBWT3lfakQxNGpkMEtrNk4tclB6Umxhb0FoNmJ4SjgzSEREYUEtZTgweDhIWHRfWDctR3VjMEE1bGlhMlI1bl9IckppcXZhXzg5LXJUVWJkb09QcmJiWFJpMG9FeENaNWt6Mk9KOWtYMy1GY3UzOTUyYUNtWkZwSEdHNVo1RHc0WXFKN3JYYXlxMUY4TGxyZVF5ZU9VT1JKX2ZEWF9nMXRMY0xVcFUyck9IQWpiaGFmaEVoWWtNTXlPMUF3?oc=5) · Observer-Reporter
- 2024-06-22 [Wellsburg Man Sought in Pennsylvania Bank Heists Arrested in New York - - The Intelligencer](https://news.google.com/rss/articles/CBMiygFBVV95cUxOT053MEgtLVVoT2RGNzA0YUNrZ3VJU2FXQkdsZUZQV1FXaDZKSGF6R05YbXUwMk9rd1dZbEJ3Uk00NWVJd0x1U2hmQUl1dWNVVkI3dkpjSktHWDhjcVh2NF9vdVlNNVZUZGQtTzd4QTlkMV91WDhPNTZ1N1N6QmU4eXdMR3dnYW1oR3hPZ0JPd1A3QXVWbGJiSktoNTJUWlRFekJyRXlfVVdDdVhXZEtDX3RlcFd1TUh1am9zUnNGX2szeFVGNlhYSktR?oc=5) · The Intelligencer
- 2023-12-05 [20 People to Know in Banking: Jason Dalnoky, Washington Financial Bank - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxPZm8tNk1BZHZFLTVLdUJUV1dQNUxQVGZDRVA4OWFCenlkZTY5Mmw5NnVhRXl5U1hOUm05aGFaTEUySzRfallXT3ktMUdHanROT2hsWklkN18zM0VqMFl0RXBJU0pvYklTUkpfUUxvZG9uenVqUkxLNEhRY0dfbnRBblhXemF0eVpLeE5QNWxyMjBWbDdYYnpFdkpucjlNdUVp?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29520 (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/16.json (key "29520", 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