# WILLAMETTE VALLEY BANK
SALEM, OR · FDIC certificate 57033 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $465.4M | |
| Deposits | $358.8M | |
| Loans and leases | $303.3M | |
| Total equity | $75.7M | |
| Loans / deposits | 83.69% (p55 of band) | 82.04% |
| Liquid assets / assets | 31.47% (p67 of band) | |
| Uninsured deposits / deposits | 28.56% (p61 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.16% (p58 of band) | |
| FHLB advances / assets | 5.16% | |
| Tier 1 leverage | 16.99% (p94 of band) | 10.81% |
| Unrealized securities loss / equity | -1.76% (p81 of band) | -8.10% |
| AOCI / equity | -0.80% (p29 of band) | |
| ROA (annualized) | 0.53% (p12 of band) | 1.28% |
| Net interest margin | 3.95% (p52 of band) | 3.91% |
| Efficiency ratio | 83.94% (p92 of band) | |
| Noncurrent loans | 0.22% (p35 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 456.17% | |
| Real estate % of loans | 96% | |
| Construction % of loans | 16.06% (p20 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 9.3% | |
| Employees | 60 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 1 | reserve under noncurrent |  |
| 2011-12 | 2 | liquid assets <10% |  |
| 2012-03 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving | liquid assets <10% |
| 2012-06 | 1 |  | reserve under noncurrent, deposits shrinking, assets shrinking |
| 2012-09 | 1 | liquid assets <10% | uninsured deposits leaving |
| 2012-12 | 2 | loans exceed deposits |  |
| 2013-03 | 1 |  | loans exceed deposits |
| 2013-06 | 0 |  | liquid assets <10% |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | capital falling |  |
| 2014-03 | 2 | liquid assets <10% |  |
| 2014-06 | 0 |  | capital falling, liquid assets <10% |
| 2014-09 | 1 | liquid assets <10% |  |
| 2014-12 | 4 | loans exceed deposits, capital falling, expense ratio p90 |  |
| 2015-03 | 4 | reserve under noncurrent | expense ratio p90 |
| 2015-06 | 5 | wholesale funding >15% |  |
| 2015-09 | 2 |  | capital falling, reserve under noncurrent, wholesale funding >15% |
| 2015-12 | 2 |  |  |
| 2016-03 | 1 |  | loans exceed deposits |
| 2016-06 | 2 | loans exceed deposits |  |
| 2016-09 | 0 |  | liquid assets <10%, loans exceed deposits |
| 2016-12 | 1 | liquid assets <10% |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | loans exceed deposits |  |
| 2017-09 | 2 | construction >100% equity | liquid assets <10% |
| 2017-12 | 1 |  | loans exceed deposits |
| 2018-03 | 0 |  | construction >100% equity |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | loans exceed deposits |  |
| 2019-09 | 2 | liquid assets <10% |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 4 | wholesale funding >15%, capital falling |  |
| 2020-09 | 3 |  | capital falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 1 |  | liquid assets <10%, wholesale funding >15% |
| 2021-06 | 0 |  | loans exceed deposits |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | capital falling |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 | expense ratio p90 | capital falling |
| 2023-03 | 0 |  | expense ratio p90 |
| 2023-06 | 5 | loans exceed deposits, reserve under noncurrent, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-09 | 4 |  | reserve under noncurrent |
| 2023-12 | 3 | capital falling | deposits shrinking, assets shrinking |
| 2024-03 | 1 |  | uninsured deposits leaving, capital falling |
| 2024-06 | 2 | wholesale funding >15% |  |
| 2024-09 | 2 | capital falling | loans exceed deposits |
| 2024-12 | 0 |  | wholesale funding >15%, capital falling |
| 2025-03 | 0 |  |  |
| 2025-06 | 1 | expense ratio p90 |  |
| 2025-09 | 2 | assets shrinking |  |
| 2025-12 | 1 |  | assets shrinking |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

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

- 2026-08-16 [Willamette Valley Bank bought by Washington-based credit union - Statesman Journal](https://news.google.com/rss/articles/CBMiugFBVV95cUxNc2RjMHh3YlBCcW1iOGVOZ2JtSkRpcGxoLXR5R2Y4UmVxaTZhb0JfSUNmd1FpT2xJWGlyUXJqRFdDZUNFdi15VC1hdlozWngzUEhWZ2Fmdk9pQWtRR3N6NnJ6aVBVM0NjWWQ5R3A1dk94YlJBLXhpTktaWlk5UHlUd21UYmtyWVRITkhDeXVjZnNXdUdlWEdab2dKYjlMbGVkX2xiYUFja0tjM1lhbEhiblhBODE0ZTJES2c?oc=5) · Statesman Journal
- 2026-07-22 [Washington credit union to buy Oregon bank - Banking Dive](https://news.google.com/rss/articles/CBMinAFBVV95cUxNMGtTVWZSWUR5NU93WlN1Tm5SWWZVNlR4QWx4RUFLSFpBdm1Gb1dtc1VLNXEtV3JYQ25mZHgwY1lpOXB4RWI4ZmxybmFNQkxqTEc2MjcxcU9oYWIyREgybHRmVFBGNnpHSENjWHBJZjJJYUpZcEF2Q182bmpFQ1VGME5CVU1jV3YtMzVUbl9fT2docU5XV2JuTHZyaUc?oc=5) · Banking Dive
- 2026-08-13 [Washington-based bank to acquire Salem’s Willamette Valley Bank - Salem Reporter](https://news.google.com/rss/articles/CBMipwFBVV95cUxOWURXRUdDWnc1NklrLUlKckxzVzExNno1VVhnSmItdTVKZlM4SlY2ajk2TGUyNVEtZEprb200SnVZWjVsTHQ3SVMwVWFsam1TRDU3RDFhd1BKOUNPU1phTkJ4MV93aklLcVlKS1p4VVEzS0lsR2M3cDBLRGhGOHg5Z1BZR1Z3NDNtNjNHb2JIalNnNjhWa1hkUVNBazJFR3RERVBwTGs4MA?oc=5) · Salem Reporter
- 2026-07-22 [Gesa Credit Union to Acquire Oregon’s Willamette Valley Bank - 425business.com](https://news.google.com/rss/articles/CBMizgFBVV95cUxQQXJVY3NlQ2JKODR0cGYyTVpLaVJhUjZFSGstMHdLSy04WlRhQ0JOTHZ1Vk9iemF1b21fQXptSzJsRGhTLVVDcWFUeGN1WWs5RlBqVVp3YjAwNlRKYzlIZ3VDOXVmMjJsSklLMEwxZHZjcWwxZTE1bm5Qa1E1VTNvQ1c5NWhsR3luLWIxR0RpWURmSVJXNENhX0lEUTNaTHd6a1FGR2dOZjJBelhzSE8xWUljMThwd2JON3o3TWNhY05QeFlhQm9BeVY0SlpqQQ?oc=5) · 425business.com
- 2026-07-22 [Gesa Credit Union to acquire Salem-based bank - Tri-Cities Area Journal of Business](https://news.google.com/rss/articles/CBMingFBVV95cUxOb293TGQ4VmZkZ25UUXpPekZZd19aMUZrZmhtckJWR05YQ3FUSTItZEowTF9SMTRlQzZ6VVNMSllqSE1iVnQwbjVnVnFYX3IyR29leHZjdGc0MjFGdzYxVEpiUGxOOHhMTVg4TERWdlJ1Q2ctZHlZMUF4X05uTk5EcGNnWFctMEFVaHpoeVozYzQwSkNNd1VmRy1uV05LQQ?oc=5) · Tri-Cities Area Journal of Business
- 2026-07-21 [Gesa Credit Union and Willamette Valley Bank Announce Acquisition Agreement - Business Wire](https://news.google.com/rss/articles/CBMizAFBVV95cUxORDZ5YkJTQ3hleEVsUWJHUlhFdzBpb1RQazVlUWhZTjEwR05oRUM1WFJHaDhydmhITUwwaHhMV0M3Slh0RVRRU0xZSEF1VmpkTWdDR0ZtUG1RTFd6NTZINUZEWnRCYTBPWHFoeVBLOUgxRlFNQ2FWUEd2c3hzT2hNdG5ZNGk3eTA3U2paTWNfYW5CLWY0cHhEeFJUM08ybnlZRmxaNTNoNG5idkhGdlVNb2NHeEFORHdqRlQ4R0VHemVZUkQtQy1zUjlHcXc?oc=5) · Business Wire
- 2026-02-26 [Willamette Valley is the latest bank to step away from residential mortgages - HousingWire](https://news.google.com/rss/articles/CBMif0FVX3lxTFBxRTZ1MkVDbWZUeWI5bVBrRXFfZ2NkaHJheWdmYnlXa0RZS2NpQW1oWFUwa1VkYjhiNURuelhXMW9KN1N2b3VTOTg0em9reUZ1OWJiQWtDbHV6dW9Hby1hQ2dHRkdLb2JXdi1SdUpBM3Y4YTd4dGlPSDFhbzNKT00?oc=5) · HousingWire
- 2026-07-24 [Gesa Credit Union To Acquire Willamette Valley Bank - Pulse 2.0](https://news.google.com/rss/articles/CBMie0FVX3lxTE5kaElaWlpVdnFsVVhLeVhlaWFDZnI1LUQ3NW12S0NfMzRpUUlzRjBVU3ZlVVdiaDUxZkRrUThQS3JXUXQxNklNV2xpSFZ2Ui1BWGlBUVFweG9ENGNUSXI2R2dIYmRlWUp4MDNuU1h0R095ZndnSDc1NERUTdIBgAFBVV95cUxOaWVBZW1uZGttZEIzWHd4NnlTLUlUcUczUml2LTBBWEpnVXQzRHh2REptT3Fqb0FHdllYQzZGWDJwczRCVjJtSmF6aUVQVXFDdGw3VDFHVHBUY1Q5aHl3Zkxhd2lObnhHbVZGcjB2dktNdElvT0FlcWVBWkJwZnZyeQ?oc=5) · Pulse 2.0

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57033 (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/9.json (key "57033", 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