# VIKING BANK
SEATTLE, WA · FDIC certificate 33618 · asset band $300M-1B · latest filing 2011-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 10 (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 | $387.4M | |
| Deposits | $362.2M | |
| Loans and leases | $286.5M | |
| Total equity | $20.7M | |
| Loans / deposits | 76.68% (p47 of band) | 77.91% |
| Liquid assets / assets | 21.09% (p27 of band) | |
| Uninsured deposits / deposits | 7.00% (p24 of band) | 12.16% |
| Brokered deposits | 0.82% | |
| Wholesale funding | 0.82% (p15 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 4.86% (p4 of band) | 9.49% |
| Unrealized securities loss / equity | 0.76% (p19 of band) | 4.04% |
| AOCI / equity | 0.20% (p21 of band) | |
| ROA (annualized) | -1.94% (p4 of band) | 0.70% |
| Net interest margin | 3.92% (p62 of band) | 3.76% |
| Efficiency ratio | 97.29% (p93 of band) | |
| Noncurrent loans | 8.83% (p92 of band) | 2.16% |
| Net charge-offs (annualized) | 2.22% (p96 of band) | |
| Reserve coverage of noncurrent | 34.64% | |
| Real estate % of loans | 70% | |
| Construction % of loans | 161.90% (p95 of band) | |
| Auto loans | $48,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | – | |
| Employees | 92 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | leverage <7%, losing money, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 6 |  |  |
| 2011-09 | 10 | leverage <5%, capital falling, expense ratio p90 |  |

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

- 2011-12-06 [Goodbye Viking Bank - Westside Seattle](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOZEJOaVlBdzNfNTJRS0FhN2l4X3JRUThKTWdJaE1ndXBpVURlRnhHOFVjQlpmM3RVbnFDdDdlRmVBRmZ1NjVVY0dmM20tc094ZUtVSW5SQ2QzU0pyeVVuMUdwNkN6c1V3MTZDM3NGMUNoZGt3WUpDOTNzWVJpeFVMdFFnZ0djNWFteG5N?oc=5) · Westside Seattle
- 2006-12-12 [USDOJ: US Attorney's Office - WAW - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMidEFVX3lxTE16NmE5c1hhWVRqWWZUa2ZZZ2duTFc5anZ4c1ZpaW84TDEyV0J6MG9xd1owd1FQVkZncWtLZjdLLVJLanA4U01LTkJtQldGaWdMM1pnQVJKcERVTmdGZEtTZlVFbk9LREIyNkhpRWs5U0NWTWh0?oc=5) · Department of Justice (.gov)
- 2011-01-19 [Patrick Redmond Obituary (2011) - Portland, OR - OregonLive.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxNdWpzWU9lenQ0eXRJQnhoY1hQUFpIV2Z6YVd1T3BhaUlWTjZ4X3d2VHRtNXVobXl0Y3NqWjJzM0lYeHVxeWFLRkFlMWVwYkpqRk1wMjFYaEpVV3dpTjdVZGd4eGZ2Y2hKeFQ2TVNUR21VSFhGMmRXNk92WG5RR2MyR3BOUGhla1lhNzItWEZtTnZCdjIxVlE?oc=5) · OregonLive.com
- 2012-10-12 [With bank failures fading, acquisitions reshape the sector - The Business Journals](https://news.google.com/rss/articles/CBMilgFBVV95cUxNVkk2Nl9SeF83R3kxOU4yTzJuRzVoMUotN3dYTGk0T2dSV0VycUYzR2xmeUtlV2RnWEdTZzZ4NFR4QkY5c2I4Z2xLSDdNaFhNdGdQX2lqUTB6aHBVdEZjRWg2NDB4WFlmZHB6ZVFXTVcwWXdxTHZmaXdtZXZqcUhudEZLRWZnQlVZRGpmT0paWU1LMzdLbGc?oc=5) · The Business Journals
- 2016-06-30 [Robert Leiseth Obituary Jun 30, 2016 - Wright Funeral Home and Cremation Service](https://news.google.com/rss/articles/CBMiZkFVX3lxTE9rZEE2UHhRVWpCdWtjT0JsWnpsT201ZHVodU4yZnl6OW9MSlJRX2tFNDk3RlVPbDVVVi03SHZLYlo1eXFQSjhtMnBHT0M1WUt4aU1PanBHc0pSNTFDeWZrVGpVVWxHZw?oc=5) · Wright Funeral Home and Cremation Service
- 2007-07-27 [USDOJ: US Attorney's Office - WAW - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMidEFVX3lxTE5IRUtSVExKaUNYYkVSeXBlcFdfemtmWG5EYkJKa0pqekpBQ09nZllzcHRqNVZZOHZQWmx2Y1hnMHdFUzM3MGVxaTZ5eWFLTEZJdWFQN0U0MkNFM21nNG54NnZndDNqTllYX2MtZWd3bld3RFpP?oc=5) · Department of Justice (.gov)
- 2026-01-15 [Lester Richard Greenwood Obituary (2026) - Shoreline, WA - Curnow Funeral Home & Cremation Service - Sumner - legacy.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxQbWVYZkxXUHo1aUNsdk1aLXJtTkZ6Z2h6U0ZoSVJuaTVoeEh5cTBqNEIyNW1RYldiMjgtbFFSVk9CeEZpT1NLY0dXbzVEcDNjUTc3elk0M0pDcUN1SHM1TVE0cWxxZE55QndLY3lMazhFMFZDY0xpV1Y5YXNHVWpOaTIwbUs3UQ?oc=5) · legacy.com
- 2014-02-19 [Homestreet Bank celebrates West Seattle branch Grand Opening - Westside Seattle](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPZHBkX2U4cDIwRjVsUm9XR0RYVVdKZWdhZDRKSTE5bVdRSGlXdjRjenpxcTlmamNxTElKMUNuUEprSFVITWh3cExILUNWd3ZYNFZ2ZV9ZTG9JVHQ5OGVyUUlRczRheTlRREJ3c21GZGlpdDlRMFhpUGVsdE9WQ2ZDa2lHS2ZmQWhFS2p3REZoaTQ3aFVPbm9fWnlnSFZjTGl0TEVVaUZXV2ROMFR2UjdqZHcxUFdRcV94RWFnMUtfWDU?oc=5) · Westside Seattle

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=33618 (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/18.json (key "33618", 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