# HOMESTREET BANK
SEATTLE, WA · FDIC certificate 32489 · asset band $1-10B · latest filing 2025-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 7 (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 | $7.60B | |
| Deposits | $5.87B | |
| Loans and leases | $5.99B | |
| Total equity | $615.8M | |
| Loans / deposits | 101.28% (p87 of band) | 86.81% |
| Liquid assets / assets | 15.64% (p27 of band) | |
| Uninsured deposits / deposits | 10.29% (p5 of band) | 30.18% |
| Brokered deposits | 2.76% | |
| Wholesale funding | 16.55% (p80 of band) | |
| FHLB advances / assets | 13.68% | |
| Tier 1 leverage | 8.74% (p12 of band) | 10.28% |
| Unrealized securities loss / equity | -16.36% (p36 of band) | -10.98% |
| AOCI / equity | 2.28% (p71 of band) | |
| ROA (annualized) | 0.04% (p4 of band) | 1.04% |
| Net interest margin | 1.97% (p4 of band) | 3.46% |
| Efficiency ratio | 90.90% (p97 of band) | |
| Noncurrent loans | 1.13% (p81 of band) | 0.45% |
| Net charge-offs (annualized) | 0.00% (p16 of band) | |
| Reserve coverage of noncurrent | 67.76% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 69.13% (p68 of band) | |
| Auto loans | $1.5M (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $15.0M (2% of equity) (p82 of band) | |
| Deposits YoY | -10.4% | |
| Employees | 741 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 9 | leverage <7%, leverage <5%, losing money, expense ratio p90, NIM <2.5%, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 8 |  | noncurrent p90 |
| 2011-09 | 5 |  | leverage <5%, losing money |
| 2011-12 | 4 |  | expense ratio p90 |
| 2012-03 | 3 | charge-offs p90 | leverage <7%, NIM <2.5% |
| 2012-06 | 2 |  | construction >100% equity |
| 2012-09 | 2 |  |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 1 |  | charge-offs p90 |
| 2013-06 | 2 | wholesale funding >15% |  |
| 2013-09 | 3 | capital falling |  |
| 2013-12 | 4 | expense ratio p90 |  |
| 2014-03 | 4 |  |  |
| 2014-06 | 3 |  | capital falling |
| 2014-09 | 5 | loans exceed deposits, construction >100% equity |  |
| 2014-12 | 6 | capital falling |  |
| 2015-03 | 3 |  | expense ratio p90, construction >100% equity, capital falling |
| 2015-06 | 5 | expense ratio p90, construction >100% equity |  |
| 2015-09 | 5 |  |  |
| 2015-12 | 5 |  |  |
| 2016-03 | 5 |  |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 4 |  | expense ratio p90 |
| 2016-12 | 4 | expense ratio p90 | construction >100% equity |
| 2017-03 | 3 |  | loans exceed deposits |
| 2017-06 | 4 | loans exceed deposits |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 5 | capital falling |  |
| 2018-03 | 5 |  |  |
| 2018-06 | 5 | construction >100% equity | capital falling |
| 2018-09 | 6 | brokered >10% |  |
| 2018-12 | 6 |  |  |
| 2019-03 | 7 | losing money |  |
| 2019-06 | 5 |  | reserve under noncurrent, loans exceed deposits |
| 2019-09 | 3 |  | wholesale funding >15%, losing money |
| 2019-12 | 1 |  | construction >100% equity, brokered >10% |
| 2020-03 | 1 | assets shrinking | expense ratio p90 |
| 2020-06 | 1 | capital falling | assets shrinking |
| 2020-09 | 2 | reserve under noncurrent |  |
| 2020-12 | 0 |  | capital falling, reserve under noncurrent |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 2 | loans exceed deposits, wholesale funding >15% |  |
| 2022-09 | 3 | capital falling |  |
| 2022-12 | 3 | brokered >10% | loans exceed deposits |
| 2023-03 | 5 | loans exceed deposits, expense ratio p90, NIM <2.5% | brokered >10% |
| 2023-06 | 8 | losing money, reserve under noncurrent, uninsured deposits leaving |  |
| 2023-09 | 8 | brokered >10% | capital falling |
| 2023-12 | 9 | deposits shrinking |  |
| 2024-03 | 8 |  | brokered >10% |
| 2024-06 | 7 | brokered >10% | uninsured deposits leaving, deposits shrinking |
| 2024-09 | 6 |  | brokered >10% |
| 2024-12 | 7 | deposits shrinking, assets shrinking | loans exceed deposits |
| 2025-03 | 6 |  | losing money |
| 2025-06 | 7 | loans exceed deposits |  |

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

- 2022-05-11 [Bank of Idaho to Purchase Five Branches from HomeStreet Bank, Expand Service Into Eastern Washington - Business Wire](https://news.google.com/rss/articles/CBMi7AFBVV95cUxObzJQOWRzdTdQem0tQ2ItcHFsUHlKb2h4MUkzZFROQ2t3a2tSVldodXFPNi1xcnhaMWkxbGF2dXVIYmtqUG1raU9SV1hmODhDQWlabFVWQ3E1UkxwYkdCdTJyU2Q1aWdZN0xvWlNxWHBwQm1tNWR6T0taaHNyUzdjTThELUh3cjlkbXEwR0FLX0pPanVSUlV1VWV2MHAyT0FwMld3c1JlcVhXMGJkWjBVeVdRLTg1QnNtWG5ZVWtzXzhnMEhKaU1yZnR3Mm9GazFkNnJNRWJaVFBHMFl6OFlvOWZiU0UtdERtdk85WA?oc=5) · Business Wire
- 2025-01-28 [HomeStreet Bank posts $123 million loss - Tri-Cities Area Journal of Business](https://news.google.com/rss/articles/CBMijgFBVV95cUxOTFllS2lXeWUzdklXVHU1bmhpRU9Bd1g2Rk1LalRxZmVJYmxWdktxVFA4OHpPam43Qlc1czI3RWJZMXZna2x4UnBDRUxoOVc2d3JNS1FrQ245eVNrQTVTZmQtOUtVQnZYdVFZZFdoMFcyS2s5QU01UXdDUl9iaU9oR1Z6WVFTSW1IV1JSUHVR?oc=5) · Tri-Cities Area Journal of Business
- 2025-09-02 [HomeStreet completes merger with Mechanics Bank - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxNWUdsQmNmWmdjRmYyQkxnVi1sTGNtOEt1Q0dzRnNYZUFZZm5NSmw1WHhRMjFhejhESmEzMnY4MVVfTm1xQVF0SjF2Sk9FaVFIWHBCSXVwSGc1Q0VtSTB4QUxIRUM2LWEyYXFGaXA5QXNOZGY4SUprLTNMY0dJSkNGMnBrZkZIUU5iaV9fNjYtejFSRFhlNFBzeFB1LWtfbFE?oc=5) · The Business Journals
- 2022-10-13 [U.S. Bancorp, MUFG Union Bank Announce Sale of 3 Calif. Branches to HomeStreet - U.S. Bank](https://news.google.com/rss/articles/CBMi3gFBVV95cUxQdkVTanhNSWRsbGJSbUNRSXZFWE9Vd3FydS13SXVEMzQ2dFhwNXI2MkpEY3R5TzRDX0VJSDlyZjdDZ05IOERha0g1c0RhZllmV2pWajVseXpHZDM1dkZmdnl1NUFaaWhVVHBYNkx2N3ZqOXc5X1BSQXdUMXBycVU3TGo5Z3pBUkloUTFIMm4zY0lWSmM5QVFzTWdWbDZGZ3hxMG9BczQ2SzVzVGNQUGdpRlpaMlhnY05ROVlNYnExaWx2Q1c4Y1RRODQ0ZU1DN1lXQ3RMcHJrYzBwdEdJUVE?oc=5) · U.S. Bank
- 2025-01-03 [Bank of America buys $990M in multifamily loans from HomeStreet - Banking Dive](https://news.google.com/rss/articles/CBMipgFBVV95cUxQTHFMVjJwMWxPMENEM2ZEZXVxa1hLU01TUGRrckY1Y2o4LVdldWlCMC02eFpxQm4xdUp1OW9wY19FZWJpUFNMZFRkLTl6S2ZOTy1FTGFSRndZdzVJVGZOdTJxTU00OTU5M2MtNEpKbkwzYmFqN0ZfanZFVmc0WG9YbVJ4LXJYdUo3ZkhORW5DNC10Z0xhTFM3RnVrYW1aNWs2c1dwNkxR?oc=5) · Banking Dive
- 2024-01-17 [HomeStreet Bank Faces Class Action Over Multiple Charges for Single Transaction - law.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxNZi1sNHRUb0JQUE44VjI0eHhtUC03TmdhNXY3SFU2Y0RCWjJCUnhGWmdYSmtPM3RqM1VEOVkzUWNPVlVSbFNLbzFzNERXOUFvVTU1RzNITnRqS21WLWh0VEVGVVNYRENiLTdNSjVvTWFHdnRKYmt3TFFqd25GVTRMMVBwMURCQkFieUtqVFR3VmczNWNhVFhqbmpLcDFySllOaWoyMjJ6S1pza0xyRWRvYw?oc=5) · law.com
- 2022-11-30 [HomeStreet Bank supports community organizations - KING5.com](https://news.google.com/rss/articles/CBMi2gFBVV95cUxOSUo1ak12dHNnNnBpbFZzQkctRkVEWG1mckk4cXZja2c1VjdfYUZKRkpGRjhJTkZHbFJ2VlMyUEFualRRVUtxRFFlamVfaFkzNjhjWTRWRThWeVp5ZXVYZTIzb19EUTdCb0FjNGNmclczNTdqZnBVUDRPbC02UDVVc2o1aklESEdmeHpHbUowRy1UM0s0clVFdWlyeTh5VUJtYW52bkVzSlM3YU1wdnVTbUNGQmpOTDRYSllqUjFRX2hkSnh0SjRPZVRmYzd3NHRvbENtaVJjVjE1UQ?oc=5) · KING5.com
- 2022-08-07 [There's a new player in the crowded downtown Yakima banking arena - Yakima Herald-Republic](https://news.google.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?oc=5) · Yakima Herald-Republic

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=32489 (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/41.json (key "32489", 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