# SEATTLE BANK
SEATTLE, WA · FDIC certificate 35139 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $891.4M | |
| Deposits | $785.2M | |
| Loans and leases | $736.5M | |
| Total equity | $93.9M | |
| Loans / deposits | 91.88% (p75 of band) | 82.04% |
| Liquid assets / assets | 15.71% (p18 of band) | |
| Uninsured deposits / deposits | 31.12% (p70 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p22 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.29% (p41 of band) | 10.81% |
| Unrealized securities loss / equity | -1.96% (p80 of band) | -8.10% |
| AOCI / equity | -0.01% (p73 of band) | |
| ROA (annualized) | 0.98% (p31 of band) | 1.28% |
| Net interest margin | 3.56% (p31 of band) | 3.91% |
| Efficiency ratio | 60.04% (p46 of band) | |
| Noncurrent loans | 2.81% (p94 of band) | 0.43% |
| Net charge-offs (annualized) | 0.56% (p97 of band) | |
| Reserve coverage of noncurrent | 72.44% | |
| Real estate % of loans | 51% | |
| Construction % of loans | 66.15% (p69 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $26.5M (28% of equity) (p99 of band) | |
| Deposits YoY | -12.3% | |
| Employees | 96 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **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 | 7 | brokered >10%, wholesale funding >15%, losing money, NIM <2.5%, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 8 | noncurrent p90 |  |
| 2011-09 | 7 |  | charge-offs p90 |
| 2011-12 | 7 |  |  |
| 2012-03 | 9 | expense ratio p90, deposits shrinking, assets shrinking | wholesale funding >15% |
| 2012-06 | 8 |  | construction >100% equity |
| 2012-09 | 8 | uninsured deposits leaving | brokered >10% |
| 2012-12 | 5 |  | NIM <2.5%, reserve under noncurrent, uninsured deposits leaving |
| 2013-03 | 4 |  | losing money |
| 2013-06 | 4 |  |  |
| 2013-09 | 4 | reserve under noncurrent | assets shrinking |
| 2013-12 | 4 |  |  |
| 2014-03 | 7 | charge-offs p90, assets shrinking, uninsured deposits leaving |  |
| 2014-06 | 6 | losing money | charge-offs p90, uninsured deposits leaving |
| 2014-09 | 7 | uninsured deposits leaving |  |
| 2014-12 | 7 |  |  |
| 2015-03 | 7 |  |  |
| 2015-06 | 7 |  |  |
| 2015-09 | 2 |  | expense ratio p90, deposits shrinking, assets shrinking, losing money, uninsured deposits leaving |
| 2015-12 | 1 |  | noncurrent p90 |
| 2016-03 | 2 | capital falling |  |
| 2016-06 | 4 | loans exceed deposits, expense ratio p90 |  |
| 2016-09 | 2 |  | capital falling, expense ratio p90 |
| 2016-12 | 3 | expense ratio p90 |  |
| 2017-03 | 4 | capital falling, uninsured deposits leaving | expense ratio p90 |
| 2017-06 | 4 | expense ratio p90, noncurrent p90 | loans exceed deposits, uninsured deposits leaving |
| 2017-09 | 3 | loans exceed deposits | expense ratio p90, noncurrent p90 |
| 2017-12 | 5 | losing money, expense ratio p90 |  |
| 2018-03 | 3 |  | losing money, expense ratio p90 |
| 2018-06 | 6 | brokered >10%, wholesale funding >15%, liquid assets <10% |  |
| 2018-09 | 6 |  |  |
| 2018-12 | 5 |  | liquid assets <10% |
| 2019-03 | 5 | liquid assets <10% | capital falling |
| 2019-06 | 4 |  | liquid assets <10% |
| 2019-09 | 6 | liquid assets <10%, uninsured deposits leaving |  |
| 2019-12 | 4 |  | liquid assets <10%, uninsured deposits leaving |
| 2020-03 | 3 | noncurrent p90 | loans exceed deposits, brokered >10% |
| 2020-06 | 6 | loans exceed deposits, brokered >10%, capital falling |  |
| 2020-09 | 4 |  | brokered >10%, capital falling |
| 2020-12 | 5 | assets shrinking, uninsured deposits leaving | wholesale funding >15% |
| 2021-03 | 5 | wholesale funding >15%, liquid assets <10% | assets shrinking, uninsured deposits leaving |
| 2021-06 | 6 | deposits shrinking, assets shrinking | liquid assets <10% |
| 2021-09 | 2 |  | loans exceed deposits, wholesale funding >15%, deposits shrinking, assets shrinking |
| 2021-12 | 2 |  |  |
| 2022-03 | 5 | loans exceed deposits, liquid assets <10%, charge-offs p90 |  |
| 2022-06 | 6 | wholesale funding >15% |  |
| 2022-09 | 4 |  | liquid assets <10%, wholesale funding >15% |
| 2022-12 | 6 | liquid assets <10%, uninsured deposits leaving |  |
| 2023-03 | 3 |  | reserve under noncurrent, loans exceed deposits, liquid assets <10% |
| 2023-06 | 5 | loans exceed deposits, capital falling |  |
| 2023-09 | 5 | liquid assets <10% | capital falling |
| 2023-12 | 3 |  | loans exceed deposits, liquid assets <10% |
| 2024-03 | 3 | capital falling | uninsured deposits leaving |
| 2024-06 | 3 |  |  |
| 2024-09 | 4 | reserve under noncurrent |  |
| 2024-12 | 4 |  |  |
| 2025-03 | 5 | expense ratio p90 |  |
| 2025-06 | 7 | brokered >10%, liquid assets <10% |  |
| 2025-09 | 4 |  | expense ratio p90, brokered >10%, liquid assets <10% |
| 2025-12 | 4 | construction >100% equity | capital falling |
| 2026-03 | 4 |  |  |
| 2026-06 | 5 | deposits shrinking, assets shrinking | construction >100% equity |

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

- 2026-01-21 [The Best Savings Accounts in Washington for 2026 - moneyrates.com](https://news.google.com/rss/articles/CBMie0FVX3lxTFB6SjJ0c0FSM0J5Q3RJSHR4b0VKdmhHYTMwZlZHRURDSDVVMzRzcnNVbzFzM3FLRUpnQzhrbFJWWnM4OTVaaVd2YmpCU1NPd1dYNWt6TnhudnNySFlvRDl1ZGFSQWFha1J0VXBSUGllYVJmUEp0MGFLTE9ORQ?oc=5) · moneyrates.com
- 2025-09-24 [Seattle bank promotes longtime executive to president - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxQTVdQT0VpUHAtQUx4Qm9EN1RkNXkzZl83T204cDNZd0FLdEZKamU3Ui1qZk5FRnluUVpqTTdvSWxva3lBbmx1TGVFS1N4R3NWQjZoTUx6LVRFUzhSNUdFZkJlYnNhb2hiaG4zQjZ2NmVRdjMyYURpeFVnUEhhM0Zkcm41amxhUE5yWjVBMDJvbkRyYndJRHpFZGZnYVZveTA0cUhOYmI1RQ?oc=5) · The Business Journals
- 2020-04-24 [Seattle bank, credit union execs look to other side of flattened COVID curve - Banking Dive](https://news.google.com/rss/articles/CBMikgFBVV95cUxOS1VhTHExa2hIYVhsRzRzQVhwNEhmZ3hqSkpsQmtwV2VweFNTb29QZUx1ZHNyd21Wak56OXFmb1Ezc0d5OVU3TFpaZzNYQ0ZBLVNzNGNwYTVCbXNQTGJLTGdHQkpjWlAzamd1WEd3Q0R1SXZSNzJXR3JwUkhTN1lDajkwM1VwN3phblJ5aU1FNF9PQQ?oc=5) · Banking Dive
- 2024-09-13 [Seattle bank robbers make off with $9k using a handwritten note - FOX 13 Seattle](https://news.google.com/rss/articles/CBMidEFVX3lxTE5xVWYzbWhIU1lfdmw1SE54a0lKOEF1WHZSVHZLOVNPNTJqaFM2ckRKcmJXZURNeTNmVWtoZ3ZyMEY1dGRTenFrbG1HWm1jVzVIRFJCUUxZNUc4TURzZFk0VXdfUUNNZjBBbEF3ZjJ0dkF6ejZT0gF6QVVfeXFMTlVqOGhJRlB1dmpCaEFVak42YVU0MmhGQWl5UnMwWGJxc1JIU0ZlcDhhd3RHYzRTb0hJVHNwS0cxQ2tZbXVjM0YtOUcyaVQyNE9oT1VhZVZjRkQydUdDQ20tODhjNXZaalJ4RjBiZ2ZTeHUzYUsxMFJVUVE?oc=5) · FOX 13 Seattle
- 2016-02-23 [Prolific Washington State Bank Robber Sent to Prison - fbi.gov](https://news.google.com/rss/articles/CBMijgFBVV95cUxNNi1CWkFnNlVYUzRBOEE1WDRYM2FEbE9FTFMzakRqXzBzcnhkU0lPcGpIbWpqeTl0Wld0aEhLdTUyNldTckdycDhzNTlMaWxRVG93bzd6ekZEWkNSR3V4Ym1GVlV4M0llVEVHRkNLTjZ5NHhEcEc4YkowQVJZUUpKWFBZMkFQYUZpM0JZSTlR?oc=5) · fbi.gov
- 2025-07-14 [Asian woman accused of robbing Seattle banks - Northwest Asian Weekly](https://news.google.com/rss/articles/CBMihgFBVV95cUxNUW9mR3RmaEJHMm5KVTNoNmg3MjR0bDlkY0xkek1rV3l0RFF2Q1VLS3JDVjhUZUs2OER5bGU3Q2o4ZFRnTF80YTY5OUVJM1ppb29CV3JwQ1dUN0tseDVvU2FBWEotNktFTWFxWUNBQzRqcVY4dUtFcDFzeHFBUE1wOUxndTdGdw?oc=5) · Northwest Asian Weekly
- 2023-05-05 [Thieves in truck detach ATM from Seattle bank, but leave it behind - KIRO 7 News Seattle](https://news.google.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?oc=5) · KIRO 7 News Seattle
- 2022-02-11 [Suspect sought after Seattle bank worker shot during hold-up in SoDo neighborhood - KATU](https://news.google.com/rss/articles/CBMikAFBVV95cUxNLUQyblNUSElraFE2Nzk1X3FycnQtb1Q0bFF2Sll2UEl0Mlo3R29vRVhNOFZGYU1Wakx3VEZYdzBHV3hwd1p0NVd0dkZ4b1pjSDlYUE03VmJob3NwUzJfVkhXTGp6Z2d6UFlkbm9ZTGJVckJVa1lmYTlnRTF6YWQ3MjducG53ZDcySmZ5bWhMSDY?oc=5) · KATU

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35139 (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/3.json (key "35139", 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